The Firm Size Effect on Performance Due to Intangible Resources

18 Pages Posted: 17 Jan 2015

See all articles by Mariya Molodchik

Mariya Molodchik

National Research University Higher School of Economics, Perm Campus

Carlos M. Fernández-Jardón

University of Vigo - Departamento de Economia Aplicada

Ángel Barajas

National Research University Higher School of Economics, SPB; National Research University Higher School of Economics - International Laboratory of Intangible-driven Economy

Date Written: January 15, 2015

Abstract

The paper explores the effect of firm size on the relation between intangible resources and companies’ performance (ROA). The authors identify six types of intangibles: human resources and management capabilities, innovation and internal process capabilities and customer loyalty and networking capabilities. The study provides econometric justification using a database of more than 1400 European public companies. The time period for the investigated data covers ten years from 2004 to 2013. A dummy regression analysis was applied for empirical testing. The findings revealed that the size of a company matters with regard to the employment of intangible resources and for a performance based on intangibles.

Keywords: intangibles, performance, SME, large companies, European companies, ROA, dummy regression.

JEL Classification: O30, F 14, L 25, L60, L63

Suggested Citation

Molodchik, Mariya Anatolievna and Fernández-Jardón, Carlos M. and Barajas Alonso, Ángel, The Firm Size Effect on Performance Due to Intangible Resources (January 15, 2015). Higher School of Economics Research Paper No. WP BRP 35/MAN/2015. Available at SSRN: https://ssrn.com/abstract=2550215 or http://dx.doi.org/10.2139/ssrn.2550215

Mariya Anatolievna Molodchik (Contact Author)

National Research University Higher School of Economics, Perm Campus ( email )

Studencheskaya street, 38
Perm, Perm 614017
Russia

HOME PAGE: http://www.hse.ru

Carlos M. Fernández-Jardón

University of Vigo - Departamento de Economia Aplicada ( email )

E.U. de Enx. Técn. Industrial.
Vigo, Pontevedra E-36200
Spain

Ángel Barajas Alonso

National Research University Higher School of Economics, SPB ( email )

3A Kantemiroskaya
Saint Petersburg, 194100
Russia

HOME PAGE: http://https://www.hse.ru/en/org/persons/127023073

National Research University Higher School of Economics - International Laboratory of Intangible-driven Economy ( email )

Lebedeva,27
Perm, Perm 614070
Russia

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