The effect of crises on firm exit and the moderating effect of firm size

Bibliographic Details
Main Author: Varum, Celeste Amorim
Publication Date: 2012
Other Authors: Rocha, Vera Catarina
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10773/6374
Summary: The liability of smallness assumption suggests that smaller firms face higher exit risks. However, does it apply during crises? We show that during downturns size reduces firms‟ exit risk by less; the hazard rate increases more rapidly in size.
id RCAP_515e2e2a4a1d1ee5492d6ec50ed2dad5
oai_identifier_str oai:ria.ua.pt:10773/6374
network_acronym_str RCAP
network_name_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository_id_str https://opendoar.ac.uk/repository/7160
spelling The effect of crises on firm exit and the moderating effect of firm sizesurvivalhazardfirm sizecrisismanufacturingPortugalThe liability of smallness assumption suggests that smaller firms face higher exit risks. However, does it apply during crises? We show that during downturns size reduces firms‟ exit risk by less; the hazard rate increases more rapidly in size.Elsevier2012-02-14T17:46:25Z2012-01-01T00:00:00Z2012-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10773/6374eng0165-176510.1016/j.econlet.2011.09.015Varum, Celeste AmorimRocha, Vera Catarinainfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2024-05-06T03:38:14Zoai:ria.ua.pt:10773/6374Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T13:41:29.362692Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv The effect of crises on firm exit and the moderating effect of firm size
title The effect of crises on firm exit and the moderating effect of firm size
spellingShingle The effect of crises on firm exit and the moderating effect of firm size
Varum, Celeste Amorim
survival
hazard
firm size
crisis
manufacturing
Portugal
title_short The effect of crises on firm exit and the moderating effect of firm size
title_full The effect of crises on firm exit and the moderating effect of firm size
title_fullStr The effect of crises on firm exit and the moderating effect of firm size
title_full_unstemmed The effect of crises on firm exit and the moderating effect of firm size
title_sort The effect of crises on firm exit and the moderating effect of firm size
author Varum, Celeste Amorim
author_facet Varum, Celeste Amorim
Rocha, Vera Catarina
author_role author
author2 Rocha, Vera Catarina
author2_role author
dc.contributor.author.fl_str_mv Varum, Celeste Amorim
Rocha, Vera Catarina
dc.subject.por.fl_str_mv survival
hazard
firm size
crisis
manufacturing
Portugal
topic survival
hazard
firm size
crisis
manufacturing
Portugal
description The liability of smallness assumption suggests that smaller firms face higher exit risks. However, does it apply during crises? We show that during downturns size reduces firms‟ exit risk by less; the hazard rate increases more rapidly in size.
publishDate 2012
dc.date.none.fl_str_mv 2012-02-14T17:46:25Z
2012-01-01T00:00:00Z
2012-01
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10773/6374
url http://hdl.handle.net/10773/6374
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 0165-1765
10.1016/j.econlet.2011.09.015
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
_version_ 1833593984417529856