The recent financial and economic crisis has brought back the attention to studying the characteristics of surviving firms and those exiting the market. Among these characteristics the access to finance has received large attention, since the economic crisis decreased the availability of finance...

This article analyses the causality between the firm's employment and productivity growth based on the population of manufacturing firms registered in Slovenia in the 1994--2003 period. By using the system GMM estimator, we show that the employment--productivity growth trade-off does not exist....

The aim of this paper is to investigate the procompetitive effects of foreign trade on domestic firms' performance by considering the determinants of markup size using a dynamic panel of Slovenian manufacturing firms from 1995 to 2004. We examine how domestic and foreign firms' encounters affect...

A complementary log-log firm survival model using a 10-year panel of firm-level data for the Slovenian manufacturing sector during the late transition period provide evidence that firms have a smaller chance of surviving in less concentrated industries with tougher competition, in mature...

<title>Abstract</title> This paper investigates the impact of firms’ growth rate on various financial and non‐financial performance ratios. The study tests the hypothesis that variations in growth rates across firms relate to differences in the values of ratios of profitability, liquidity, current assets,...

The current economic crisis has become a global phenomenon. However, the path to the economic crisis, its materialization and persistence are also country-specific and can only be studied by considering a country's past economic development, existing institutional environment, and the economic...