Purpose – This study aims to empirically examine the applicability of the life cycle model of firm performance to growth and profitability among Swedish small- and medium-sized enterprises (SMEs). Design/methodology/approach -Using analysis of variance, multiple analysis of variance and...

Purpose –The purpose of this study is to examine the relationship between debt level and performance among small and medium-sized enterprises (SMEs). Design/methodology/approach -Unlike the vast majority of previous research, this study uses three-stage least squares (3SLS) and fixed-effects...