Firm Environment and Size

• Autorzy: Dariusz Leśko

Warianty tytułu

Firma a jej otoczenie

• Języki publikacji: EN

Abstrakty

EN

This article contributes to the ongoing debate on the linkages between the industry in which a firm operates, its strategy and performance. Unlike other authors, we analyse the impact that the general business environment has on the size of firms. Firstly, we outline the theoretical propositions concerning the relationship between firm size and its external environment. Secondly, we empirically test the impact of the identified aspects of firm environment on its size. Based on 278 observations on the average firm size in manufacturing and distributive trades across Western Europe over 1999 - 2008, we find empirical support for the hypothesis stating that the external environment of the firm affects its size and that adverse environment leads to subdued firm sizes. Overall, we find that the time variation of the external environment of the firm is responsible for nearly all of the variability in its average size. In the case of manufacturing industries, we find that increases to the cost of capital and labour, but also to their supply, as well as the level of governmental regulation, all negatively affect the average firm size. While in the case of enterprises operating in the distributive trades, the cost of capital seems to have no bearing on the changes in the average firm size, unlike its availability. Moreover, for the latter group, increases in labour costs result in larger firm sizes, and growth in unemployment leads to on average smaller firms. (original abstract)

Artykuł dotyczy problematyki wpływu otoczenia zewnętrznego firmy na jej funkcjonowanie, a w szczególności na jej wielkość mierzoną zatrudnieniem. W pierwszej części opracowania dokonano przeglądu teorii przedsiębiorstwa dotyczących wpływu otoczenia na jego wielkość. Następnie teoretyczne postulaty zostają poddane analizie empirycznej na podstawie 278 obserwacji dotyczących średniej wielkości zachodnioeuropejskich przedsiębiorstw działających w branżach wytwórczej i handlowej w dziesięcioleciu 1999-2008. Przeprowadzona analiza empiryczna pozwala na stwierdzenie, że otoczenie zewnętrzne wpływa znacząco na wielkość przedsiębiorstwa mierzoną zatrudnieniem. Przy czym w przypadku przedsiębiorstw z branży wytwórczej zwiększony koszt kapitału i pracy, ale także ich podaż, oraz wpływ sektora rządowego wpływają negatywnie na zmianę średniej wielkości przedsiębiorstwa. A w przypadku handlu dostępność kapitału oddziałuje pozytywnie, podczas gdy zarówno podaż pracy, mierzona stopą bezrobocia, jak i jej koszt negatywnie oddziałują na obserwowaną w gospodarce przeciętną wielkość przedsiębiorstw. (abstrakt oryginalny)

Słowa kluczowe

EN

Enterprise environment; Enterprise theory; Volume of employment

PL

Otoczenie przedsiębiorstwa; Teoria przedsiębiorstwa; Wielkość zatrudnienia

• Czasopismo: Studia Ekonomiczne / Polska Akademia Nauk. Instytut Nauk Ekonomicznych
• Rocznik: 2014
• Numer: nr 1 (80)
• Strony: 7--35

Twórcy

autor

Dariusz Leśko

• City University London

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