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FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS

Marko Perić   ORCID icon orcid.org/0000-0002-2828-4709 ; University of Rijeka Faculty of Tourism and Hospitality Management, Opatija
Vanja Vitezić   ORCID icon orcid.org/0000-0002-2484-4529 ; University of Rijeka Faculty of Tourism and Hospitality Management, Opatija
Ana Perić Hadžić   ORCID icon orcid.org/0000-0001-6965-9004 ; University of Rijeka Faculty of Maritime Studies, Rijeka

Puni tekst: engleski, pdf (691 KB) str. 29-53 preuzimanja: 270* citiraj
APA 6th Edition
Perić, M., Vitezić, V. i Perić Hadžić, A. (2020). FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS. Ekonomska misao i praksa, 29 (1), 29-53. Preuzeto s https://hrcak.srce.hr/239581
MLA 8th Edition
Perić, Marko, et al. "FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS." Ekonomska misao i praksa, vol. 29, br. 1, 2020, str. 29-53. https://hrcak.srce.hr/239581. Citirano 07.12.2021.
Chicago 17th Edition
Perić, Marko, Vanja Vitezić i Ana Perić Hadžić. "FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS." Ekonomska misao i praksa 29, br. 1 (2020): 29-53. https://hrcak.srce.hr/239581
Harvard
Perić, M., Vitezić, V., i Perić Hadžić, A. (2020). 'FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS', Ekonomska misao i praksa, 29(1), str. 29-53. Preuzeto s: https://hrcak.srce.hr/239581 (Datum pristupa: 07.12.2021.)
Vancouver
Perić M, Vitezić V, Perić Hadžić A. FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS. Ekonomska misao i praksa [Internet]. 2020 [pristupljeno 07.12.2021.];29(1):29-53. Dostupno na: https://hrcak.srce.hr/239581
IEEE
M. Perić, V. Vitezić i A. Perić Hadžić, "FIRM SIZE – FIRM GROWTH RELATIONSHIP DURING ECONOMIC CRISIS", Ekonomska misao i praksa, vol.29, br. 1, str. 29-53, 2020. [Online]. Dostupno na: https://hrcak.srce.hr/239581. [Citirano: 07.12.2021.]

Sažetak
The great recession of 2008 hit the entrepreneurial sector all over the world. Understanding the pattern of firms’ reactions in a time of global crisis is essential for developing an adequate crisis and post-crisis policy. Using a sample of 7,563 surviving Croatian firms in the manufacturing and hospitality industries over the six-year period of economic recession (2008-2013) and total assets as a measurement of firm size and growth, this study seeks to examine whether the law of proportionate effect can be confirmed in times of economic recession. The results of a two-step dynamic panel indicate the rejection of the law in both industries since asset growth is positively associated with the size of the firms. However, firms’ total assets dynamics differ across size classes and industries suggesting potentially different strategic decisions on asset utilization and/or investments.

Ključne riječi
firm growth; Gibrat’s Law; hospitality; manufacturing; recession

Hrčak ID: 239581

URI
https://hrcak.srce.hr/239581

Posjeta: 560 *