Artikel

Profit efficiency and its determinants in small and medium-sized enterprises in Spain

This paper estimates profit efficiency and its determinants in small and medium-sized manufacturing enterprises in Spain. The stochastic frontier methodology and the model proposed by Battese and Coelli (1995) were used to determine the impact of the technological and environmental differences between these companies on their efficiency. The results indicate that the average profit efficiency of food SMEs is 49.37%. The results also reveal that company size, export orientation, government assistance and labour productivity are all positively related to the efficiency of food SMEs; age, however, is negatively related. Finally, the strategic implications of these findings are discussed."

Language
Englisch

Bibliographic citation
Journal: BRQ Business Research Quarterly ; ISSN: 2340-9436 ; Volume: 21 ; Year: 2018 ; Issue: 4 ; Pages: 238-250 ; Barcelona: Elsevier España

Classification
Management
Subject
Profit efficiency
Stochastic frontier
SMEs

Event
Geistige Schöpfung
(who)
Pérez-Gómez, Pilar
Arbelo-Pérez, Marta
Arbelo, Antonio
Event
Veröffentlichung
(who)
Elsevier España
(where)
Barcelona
(when)
2018

DOI
doi:10.1016/j.brq.2018.08.003
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Pérez-Gómez, Pilar
  • Arbelo-Pérez, Marta
  • Arbelo, Antonio
  • Elsevier España

Time of origin

  • 2018

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