Paper #1377

Title:

Factors that determine the evolution of high-growth businesses

Authors:

Oriol Amat, Marcos Antón Renart and María José García

Date:

July 2013

Abstract:

The study herein discusses research aimed at elucidating the factors that contribute to a business' ability to maintain high growth. The database from the Iberian Balance Sheet Analysis System (SABI, from its initials in Spanish) was used to identify 250 industrial Catalonian businesses with high growth during 2004-2007. These companies participated in a survey on strategies and management practices; in 2013, they were re-analyzed to investigate the factors that contributed to continued growth for certain companies. Through diverse statistical techniques, business policies related to quality, innovation, internationalization and finance were shown to influence business growth and sustainability over time. High-growth businesses have been studied throughout the world, but this is the first study to investigate the evolution of businesses after a high-growth phase.

Keywords:

Quality, high-growth businesses, business evolution, financial information, innovation, internationalization.

JEL codes:

M1-Business Administration

Area of Research:

Finance and Accounting

Published in:

Intangible Capital, vol. 9, núm. 2, 2013

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