The determinants of enterprise profi tability during reduced economic activity
The determinants of enterprise profi tability during reduced economic activity
Author(s): Izabella Steinerowska-StrebSubject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: small and medium-sized enterprises; small business; profitability; economic slowdown; A12; D22; L10;
Summary/Abstract: The aim of this study was to identify the characteristic features of small and medium enterprises (SMEs) which contribute to the decrease of profits of those SMEs during a period of reduced economic activity. The investigation was based on a sample of 1107 SMEs functioning in the Polish market. The empirical evidence found the type of manager, market range and legal form as determining factors of SME profits during a period of reduced economic activity. The received results led to the development of a model of firm-specific variables that resul in the decrease of SMEs profits through an economic slowdown.
Journal: Journal of Business Economics and Management
- Issue Year: 13/2012
- Issue No: 4
- Page Range: 745-762
- Page Count: 18
- Language: English
