Financial Performance of Founder-Managed and Professionally-Managed SMEs : An Empirical Investigation of Lao Trading Firms <Article>
国際協力研究誌 Volume 14 Issue 1
Page 13-25
published_at 2008-03-31
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この文献の参照には次のURLをご利用ください : https://doi.org/10.15027/28496
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Title ( eng ) |
Financial Performance of Founder-Managed and Professionally-Managed SMEs : An Empirical Investigation of Lao Trading Firms <Article>
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Creator |
Kongmanila Xayphone
Kimbara Tatsuo
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Source Title |
国際協力研究誌
Journal of International Development and Cooperation
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Volume | 14 |
Issue | 1 |
Start Page | 13 |
End Page | 25 |
Abstract |
We examined a sample of 146 trading SMEs in Lao PDR, to address two important research hypotheses: (1) there is a direct relationship between managerial types and firm's financial performance; and (2) the relationship between managerial types and firm's financial performance also depends on size of firm. Using MANOVA method to prove defined evidence, we find that there is no distinction between founder-CEO and professional-CEO on the financial performance. Instead, we argue that the relationship between these variables depend upon the firm size. In addition, we provide the threshold point of financial performance according with firm size change for founder-managed trading SMEs in Lao PDR.
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NDC |
Economics [ 330 ]
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Language |
eng
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Resource Type | departmental bulletin paper |
Publisher |
広島大学大学院国際協力研究科
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Date of Issued | 2008-03-31 |
Publish Type | Version of Record |
Access Rights | open access |
Source Identifier |
[ISSN] 1341-0903
[NCID] AN10482914
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