Based on a sample of 182 small and medium-sized Portuguese fitness firms, using panel data models, this paper studies the determinants of profitability in Portuguese fitness SMEs. The empirical evidence indicates that: i) size, age, liquidity, long-term debt and government subsidies are...

This article shows new empirical evidence concerning the growth determinants of SMEs. Specifically, we identify the existence of a quadratic relationship between the level of intangible assets of Portuguese SMEs and their growth. Based on the results obtained here, we conclude that intangible...

Based on a panel made up of 28 sub-regions (NUT III) of mainland Portugal for the period 1995-2006, we show that building reconstruction has a positive impact on the economic growth of sub-regions of mainland Portugal, whereas the effect of new construction seems to be of negligible importance....

In this article, using dynamic panel estimators, we test empirically the relationship between the growth of Portuguese companies and their profitability. The empirical evidence obtained indicates that growth in Portuguese companies means increased profitability. Growth in Portuguese companies is...