Measuring Performance of the SMEs: A Case of Ukraine

Tamara A. Horobets
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Tamara A. Horobets: International Humanitarian University, Ukraine

Journal of Applied Management and Investments, 2020, vol. 9, issue 4, 162-168

Abstract: The study aims to measure performance of the Ukrainian SMEs using value-added and other appropriate indicators. Using the indicators of value-added, labour productivity and profitability, and two-stage model of analysis, the author found out the small business was a locomotive of productivity growth and value-added in the Ukrainian SMEs' sector during 2010-2019. However, the level of profitability was much better at the medium-sized enterprises, which provided a positive financial result of SMEs' sector for except of the most critical years of 2014-2015. It was figured out that SMEs in professional, scientific and technical activities, processing industry, and construction have the highest ability to create value-added. It is in these industries that SMEs in the Odessa region work most efficiently, create jobs and pay decent wages.

Keywords: SMEs; performance measurement; value-added; Ukraine (search for similar items in EconPapers)
JEL-codes: C14 G32 L25 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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