Summary: | This study investigates the determinants of firm size. Data was collected in face-to-face structured-questionnaire interviews of 1314 firm founders from 14 counties in Argentina. Quantile regression was used as a more suitable methodology to measure the determinants of firm size. Our results show that the main sets of explanatory variables related to founder characteristics (age, experience, education, and vocation) provide a full explanation of firm size. We have also found evidence that a high degree strategic planning and a better competitive position are positively related to firm size as well. Finally, environmental factors were less representative.
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