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Scientific paper - Original scientific paper
Firm size – firm growth relationship during economic crises
Ekonomska misao i praksa, 29 (2020), 1; 29-53. urn:nbn:hr:191:904643
Perić, Marko; Vitezić, Vanja; Perić Hadžić, Ana

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Perić, M., Vitezić, V. & Perić Hadžić, A. (2020). Firm size – firm growth relationship during economic crises. Ekonomska misao i praksa, 29. (1), 29-53. Retrieved from https://urn.nsk.hr/urn:nbn:hr:191:904643

Perić, Marko, et al. "Firm size – firm growth relationship during economic crises." Ekonomska misao i praksa, vol. 29, no. 1, 2020, pp. 29-53. https://urn.nsk.hr/urn:nbn:hr:191:904643

Perić, Marko, Vanja Vitezić and Ana Perić Hadžić. "Firm size – firm growth relationship during economic crises." Ekonomska misao i praksa 29, no. 1 (2020): 29-53. https://urn.nsk.hr/urn:nbn:hr:191:904643

Perić, M., Vitezić, V. and Perić Hadžić, A. (2020) 'Firm size – firm growth relationship during economic crises', Ekonomska misao i praksa, 29(1), pp. 29-53. Available at: https://urn.nsk.hr/urn:nbn:hr:191:904643 (Accessed 18 February 2025)

Perić M, Vitezić V, Perić Hadžić A. Firm size – firm growth relationship during economic crises. Ekonomska misao i praksa [Internet]. 2020 [cited 2025 February 18];29(1):29-53. Available at: https://urn.nsk.hr/urn:nbn:hr:191:904643

M. Perić, V. Vitezić and A. Perić Hadžić, "Firm size – firm growth relationship during economic crises", Ekonomska misao i praksa, vol. 29, no. 1, pp. 29-53, 2020. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:191:904643. [Accessed: 18 February 2025]

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Metadata
Title (english)Firm size – firm growth relationship during economic crises
Title (croatian)Odnos veličine i rasta poduzeća tijekom ekonomske krize
AuthorMarko Perić
AuthorVanja Vitezić
AuthorAna Perić Hadžić
Author's institutionUniversity of Rijeka
Faculty of Tourism and Hospitality Management
Author's institutionUniversity of Rijeka
Faculty of Maritime Studies
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
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.
Abstract (croatian)
Velika recesija 2008. godine snažno je pogodila poduzetnički sektor diljem svijeta. Razumijevanje načina kako poduzeća reagiraju u vrijeme globalne krize ključno je za formuliranje adekvatnih politika i mjera za ublažavanje krize. Koristeći uzorak od 7.563 hrvatskih poduzeća u prerađivačkoj industriji i ugostiteljstvu koje su preživjele šestogodišnje razdoblje ekonomske recesije (2008.-2013.) te ukupnu imovinu kao mjeru za veličinu i rast poduzeća, ovaj rad nastoji ispitati može li se zakon proporcionalnog efekta potvrditi u vremenima ekonomske recesije. Rezultati dvostupanjskog dinamičkog panela ukazuju na odbacivanje zakona u obje djelatnosti jer je rast imovine pozitivno povezan s veličinom poduzeća. Međutim, dinamika kretanja ukupne imovine razlikuje se ovisno o veličini i industriji kojoj poduzeća pripadaju, što ukazuje na potencijalno različite strateške odluke o korištenju imovine i/ili ulaganjima.
Keywords (english)
Keywords (croatian)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleEkonomska misao i praksa
Numberingvol. 29, no. 1, pp. 29-53
p-ISSN1330-1039
e-ISSN1848-963X
URN:NBNurn:nbn:hr:191:904643
Publication2020
Document URLhttps://hrcak.srce.hr/239581
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution 4.0 International (CC BY 4.0) icon
Created on2025-02-18 13:27:34