FROM STRATEGIC DECISIONS TO CORPORATE GOVERNANCE IN THE SME SECTOR IN GERMANY Cover Image
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FROM STRATEGIC DECISIONS TO CORPORATE GOVERNANCE IN THE SME SECTOR IN GERMANY
FROM STRATEGIC DECISIONS TO CORPORATE GOVERNANCE IN THE SME SECTOR IN GERMANY

Author(s): Anca Borza, Zenovia Cristiana Pop, Ovidiu-Niculae Bordean, Hans Jürgen Stümpel
Subject(s): Economy
Published by: Studia Universitatis Babes-Bolyai
Keywords: Corporate governance; strategic decisions; SMEs; Germany.

Summary/Abstract: The purpose of this research is a better understanding of the past and present tendencies with regard to entrepreneurship in modern economies, in order to be able to anticipate the fields in which SMEs are going to develop. Particularly at times of economic crises, it becomes clear that smaller firms are often capable to respond faster, more targeted and more flexibly to global economic fluctuations, and to withstand recessionary phases. Based on the results of a survey on 120 German SMEs, we will illustrate the connection between factors determining the adoption of corporate governance by small enterprises, using GAMMA software.

  • Issue Year: 59/2014
  • Issue No: 3
  • Page Range: 57-67
  • Page Count: 11
  • Language: English