Firm dynamics and industrialization in the Chinese economy in transition: implications for small business policy

Article Abstract:

The empirical relationship between the size of domestic enterprises including state-owned enterprises, collective-owned enterprises and other enterprises and their firm dynamics is analyzed by comparing their growth with Gibrat's Law. Panel data of four Shanghai, China, industries for the period 1989-1992 are used to test Gibrat's law. Empirical results show that small enterprises have the edge in creating jobs than larger enterprises in output growth and job creation.

China, Analysis, Industrial development, Industrialization

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Forecasting the liquidity of very small private companies

Article Abstract:

The importance of short term liquidity to very small private firms and the inefficiency of various economic models to accurately determine short term liquidity are examined in this study of approximately 20,000 Slovenian small private firms.

Slovenia, Models, Private companies, Economic forecasting, Liquidity (Finance), Home based businesses, SOHO

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The prediction of bankruptcy of small-and medium-sized industrial firms

Article Abstract:

Several aspects of bankruptcy prediction are studied by using huge data of small-and medium-sized industrial firms.

United States, Organizational history, Company restructuring/company reorganization, Reorganization and restructuring, Bankruptcy, Company organization, Small and medium sized companies, Company bankruptcy, Industry forecasts

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