Gibrat’s Law

Using data from a survey of small and medium scale manufacturing enterprises (SMEs) in Vietnam, this study investigates the impact of firm and owner characteristics on firm growth. The results reveal that firm size has a negative effect on firm growth, suggesting the invalidity of Gibrat’s Law.

17p viartemis2711 22-10-2019 7 0   Download

Determinants of firm growth in the Vietnamese commercial-service sector. Employing the dynamic panel model, this study tests the validity of Gibrat ’s law and investigates determinants of firm growth in Vietnam. The empirical study is setup for both simple and multiple regressions with the data of the commercial-service sector.

21p tranminhluanluan 28-05-2018 43 2   Download