In this study we contribute to the long-standing debate on the impact of firm versus industry effects on firm performance in three distinct ways; firstly by testing the firm, industry and their interaction effects on performance, secondly by examining the impact of each effect for different size...

This article examines the predictive accuracy of simple time-series and econometric models on forecasting firm performance in terms of sales turnover. Evidence from Small and Medium sized Enterprises (SMEs) in the United Kingdom are presented. The study identifies operational rules under which...

<title/> An important strategic decision facing venture capitalists is whether to invest overseas. This paper identifies some of the reasons why some choose this route whilst others do not. The paper is based on data generated from a sample drawn from UK venture capitalists operating in 2000. A...

One of the tenets of the conventional wisdom of the strategic management literature is that if a business succeeds in increasing its market‐share it will usually enjoy an improvement in its profitability. It is not simply that it serves as one of a battery of measures of relative performance,...

This paper reports a study of 3500 unquoted, UK small and medium sized enterprises (SMEs). The objectives of the research were to test various hypotheses concerning the determinants of SME capital structure and to establish whether and how the relationship of these determinants to long- and...