在弯道前刹车,然后在里面加速?经济低迷时期的探索、逆周期行为与中小企业的弹性

IF 3.8 4区 管理学 Q2 BUSINESS
Vicente Safón, M. Iborra
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引用次数: 1

摘要

一些研究提供了经验证据,表明企业在经济危机前的高增长率与弹性呈负相关。其他作者观察到,在外部危机的早期阶段快速增长的公司通常更具弹性。这种逆周期行为在中小企业中不太常见,文献也没有深入研究促进中小企业逆周期策略的潜在因素。企业探索被定义为企业尝试、冒险、灵活和接受变化的意愿。我们的论点是,勘探作为一种逆周期因素,在外部冲击生效之前减缓公司的增长,在危机期间有利于增长,并提供更好的弹性结果。我们从2081家制造业中型企业的样本中发现了对我们假设的支持。凝胶分类:M10一般
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Braking before the curve and accelerating inside? Exploration, countercyclical behavior, and SMEs’ resilience during economic downturns
Some studies have provided empirical evidence that firms’ high growth rates just before economic crises are negatively associated with resilience. Other authors have observed that firms that grow fast in the early phases of an external crisis are generally more resilient. This countercyclical behavior is less common in small- and medium-sized enterprises (SMEs), and literature has not delved into the underlying factors that facilitate SMEs’ countercyclical strategies. Firm exploration is defined as a firm’s willingness to experiment, take risks, be flexible, and accept variation. Our thesis is that exploration acts as a countercyclical factor by slowing down a firm’s growth before the external shock takes effect, favoring growth during the crisis, and providing better resilience outcomes. We find support for our hypotheses from a sample of 2,081 manufacturing medium-sized enterprises. Jel Classification: M10 GENERAL
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来源期刊
CiteScore
7.50
自引率
6.90%
发文量
14
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