The Degree of Internationalization and Firm Productivity: Empirical Evidence from Large Multinationals

2021 ◽  
Author(s):  
Mike G. Tsionas ◽  
Nickolaos G. Tzeremes
Keyword(s):  
Empirical Evidence ◽  
Firm Productivity ◽  
Degree Of Internationalization

scholarly journals FINANCIAL CONSTRAINTS MATTER: EMPIRICAL EVIDENCE ON BORROWING BEHAVIOR, MICROFINANCE AND FIRM PRODUCTIVITY

2018 ◽  
Vol 23 (02) ◽  
pp. 1850008
Author(s):  
MARTIJN A. BOERMANS ◽  
DAAN WILLEBRANDS
Keyword(s):  
Empirical Evidence ◽  
Labor Productivity ◽  
Financial Constraints ◽  
Small Business Owners ◽  
Alternative Measure ◽  
Firm Productivity ◽  
Wide Range ◽  
Microfinance Institution ◽  
Matching Techniques ◽  
The Relationship

This paper examines the effect of financial constraints on firm performance using a sample of small business owners who are clients at a microfinance institution (MFI). In developing countries, a lack of access to finance is seen as a key obstacle to successful entrepreneurship and economic growth. However, empirical evidence on this is still fragmented and sparse. This study contributes to the literature by applying an alternative measure of financial constraints based on actual lending and borrowing behavior to test how borrowing affects firm productivity. We use survey data of 615 entrepreneurs from Tanzania to analyze the relationship between financial constraints and labor productivity. Using OLS regression and propensity score matching techniques the results show that financial constraints impede labor productivity and are important barriers to successful entrepreneurship. Further tests suggest financial constraints matter regardless of the measurement method used, thereby comforting researchers in a fragmented field that applies a wide range of financial constraints variables.

scholarly journals Skill complementarity in production technology: New empirical evidence and implications

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Andrey Stoyanov ◽  
Nick Zubanov
Keyword(s):  
Empirical Evidence ◽  
Production Technology ◽  
Data Driven ◽  
Firm Productivity ◽  
Wage Dispersion ◽  
Manufacturing Firm ◽  
Technological Differences ◽  
Worker Skill ◽  
Firm Data

Abstract Danish manufacturing firm data reveal that 1) industries differ in within-firm worker skill (= wage) dispersion, and 2) within-firm skill dispersion positively correlates with firm productivity in industries with higher average skill dispersion. We argue that these patterns reflect technological differences between industries: firms in the “skill complementarity” industries profit from hiring similarly able workers, while the “skill substitutability” firms thrive on skill differences. Our study produces a robust, data-driven and theoretically validated classification of industries into the complementarity and substitutability groups, unveils hitherto unnoticed technological heterogeneity between industries within the same economy, and illustrates its importance through simulations.

A Re-Examination of Diversification and Firm Productivity

2013 ◽  
Vol 25 (1) ◽  
pp. 99-118 ◽  
Author(s):  
Hsihui Chang ◽  
Guy D. Fernando ◽  
Dhinu Srinivasan ◽  
Arindam Tripathy
Keyword(s):  
Empirical Evidence ◽  
Firm Value ◽  
Firm Productivity ◽  
Business Professionals ◽  
Firm Diversification ◽  
Advantages And Disadvantages ◽  
Unrelated Diversification ◽  
Related Diversification

ABSTRACT The advantages and disadvantages of diversification have been widely debated by academics, as well as business professionals, and the majority of studies suggest that diversification destroys firm value. The effect of overall diversification (without categorizing whether such diversification is related or unrelated to the business) on productivity has been investigated as well, but with similar conflicting results. In this paper, we investigate the effects of the two types of diversification on productivity. We find that related diversification enhances firm productivity, whereas unrelated diversification reduces firm productivity. We also find that the previously recorded link between diversification and firm value is partially mediated by productivity. Our paper offers further empirical evidence toward resolving the conflicting findings of prior research, and provides practitioners with additional points for consideration when engaging in firm diversification.

Firm productivity, pollution, and output: theory and empirical evidence from China

2015 ◽  
Vol 22 (22) ◽  
pp. 18040-18046 ◽  
Author(s):  
Erzi Tang ◽  
Jingjing Zhang ◽  
Zulfiqar Haider
Keyword(s):  
Empirical Evidence ◽  
Firm Productivity
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