The determinants of enterprise profi tability during reduced economic activity

Izabella Steinerowska-Streb ()

Journal of Business Economics and Management, 2011, vol. 13, issue 4, 745-762

Abstract: The aim of this study was to identify the characteristic features of small and medium enterprises (SMEs) which contribute to the decrease of profits of those SMEs during a period of reduced economic activity. The investigation was based on a sample of 1107 SMEs functioning in the Polish market. The empirical evidence found the type of manager, market range and legal form as determining factors of SME profits during a period of reduced economic activity. The received results led to the development of a model of firm-specific variables that resul in the decrease of SMEs profits through an economic slowdown.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jbemgt:v:13:y:2011:i:4:p:745-762

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DOI: 10.3846/16111699.2011.645864

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