Matches in SemOpenAlex for { <https://semopenalex.org/work/W2615387175> ?p ?o ?g. }
Showing items 1 to 80 of
80
with 100 items per page.
- W2615387175 abstract "We study factors of firm market exit and focus on the role of the firm’s management. We assume that the quality of decisions made by the firm’s management can be assessed by the firm’s technical and cost efficiency levels. We argue that the decisions of management are an important determinant of firm market exit and hypothesise that the characteristics of the macroeconomic environment influence the impact of technical and cost efficiency on firm market exit. This is why we study whether the importance of decisions that are relevant for attaining technical efficiency and decisions that contribute to cost efficiency for firm market exit depend on the macroeconomic environment of the analysed firms. Such an analysis reveals which types of managerial decisions are relevant for firm market exit in differing macroeconomic environments. We use a logistic regression for rare events to estimate non-nested microeconomic models of firm market exit in Slovenia for two periods characterised by differing macroeconomic conditions. The results confirm that firms in which decisions of management result in inferior efficiency are more likely to exit the market. Even though a firm’s management plays many relevant roles within the firm, our research demonstrates that those management decisions that refer to input selection and their substitution are those which are most crucial for preventing a firm from failing and ensuring its survival. We also find that in differing macroeconomic environments different types of management decisions explain firm market exit. The results show that technical efficiency has a more significant influence on a firm’s market exit compared to cost efficiency in a favourable macroeconomic environment, while cost efficiency has a more significant influence on a firm’s market exit than technical efficiency in unfavourable macroeconomic conditions." @default.
- W2615387175 created "2017-05-26" @default.
- W2615387175 creator A5015447195 @default.
- W2615387175 creator A5056810143 @default.
- W2615387175 creator A5068275249 @default.
- W2615387175 creator A5090800540 @default.
- W2615387175 date "2015-06-03" @default.
- W2615387175 modified "2023-09-24" @default.
- W2615387175 title "The role of management decisions in explaining firm market exit" @default.
- W2615387175 cites W1015299646 @default.
- W2615387175 cites W109406548 @default.
- W2615387175 cites W1545613221 @default.
- W2615387175 cites W1964415852 @default.
- W2615387175 cites W1985638268 @default.
- W2615387175 cites W2006586574 @default.
- W2615387175 cites W2017153168 @default.
- W2615387175 cites W2036016506 @default.
- W2615387175 cites W2041989321 @default.
- W2615387175 cites W2045194912 @default.
- W2615387175 cites W2053345782 @default.
- W2615387175 cites W2060827592 @default.
- W2615387175 cites W2061977616 @default.
- W2615387175 cites W2062839159 @default.
- W2615387175 cites W2065265420 @default.
- W2615387175 cites W2075979941 @default.
- W2615387175 cites W2084588109 @default.
- W2615387175 cites W2085872740 @default.
- W2615387175 cites W2089763487 @default.
- W2615387175 cites W2092661875 @default.
- W2615387175 cites W2110352084 @default.
- W2615387175 cites W2133582371 @default.
- W2615387175 cites W2161106910 @default.
- W2615387175 doi "https://doi.org/10.15240/tul/001/2015-2-008" @default.
- W2615387175 hasPublicationYear "2015" @default.
- W2615387175 type Work @default.
- W2615387175 sameAs 2615387175 @default.
- W2615387175 citedByCount "1" @default.
- W2615387175 countsByYear W26153871752018 @default.
- W2615387175 crossrefType "journal-article" @default.
- W2615387175 hasAuthorship W2615387175A5015447195 @default.
- W2615387175 hasAuthorship W2615387175A5056810143 @default.
- W2615387175 hasAuthorship W2615387175A5068275249 @default.
- W2615387175 hasAuthorship W2615387175A5090800540 @default.
- W2615387175 hasBestOaLocation W26153871751 @default.
- W2615387175 hasConcept C144133560 @default.
- W2615387175 hasConcept C162324750 @default.
- W2615387175 hasConcept C175444787 @default.
- W2615387175 hasConcept C40700 @default.
- W2615387175 hasConceptScore W2615387175C144133560 @default.
- W2615387175 hasConceptScore W2615387175C162324750 @default.
- W2615387175 hasConceptScore W2615387175C175444787 @default.
- W2615387175 hasConceptScore W2615387175C40700 @default.
- W2615387175 hasLocation W26153871751 @default.
- W2615387175 hasLocation W26153871752 @default.
- W2615387175 hasOpenAccess W2615387175 @default.
- W2615387175 hasPrimaryLocation W26153871751 @default.
- W2615387175 hasRelatedWork W1608621232 @default.
- W2615387175 hasRelatedWork W2033257107 @default.
- W2615387175 hasRelatedWork W2081742249 @default.
- W2615387175 hasRelatedWork W2096997158 @default.
- W2615387175 hasRelatedWork W2102351397 @default.
- W2615387175 hasRelatedWork W2196561966 @default.
- W2615387175 hasRelatedWork W2292871812 @default.
- W2615387175 hasRelatedWork W2344926491 @default.
- W2615387175 hasRelatedWork W2360330845 @default.
- W2615387175 hasRelatedWork W2522423608 @default.
- W2615387175 hasRelatedWork W2746108432 @default.
- W2615387175 hasRelatedWork W2911964694 @default.
- W2615387175 hasRelatedWork W2912338224 @default.
- W2615387175 hasRelatedWork W3012880144 @default.
- W2615387175 hasRelatedWork W3083125795 @default.
- W2615387175 hasRelatedWork W3121973913 @default.
- W2615387175 hasRelatedWork W3122235774 @default.
- W2615387175 hasRelatedWork W3123052114 @default.
- W2615387175 hasRelatedWork W3123688390 @default.
- W2615387175 hasRelatedWork W3125375798 @default.
- W2615387175 isParatext "false" @default.
- W2615387175 isRetracted "false" @default.
- W2615387175 magId "2615387175" @default.
- W2615387175 workType "article" @default.