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Do Firms’ Growth Rates Follow a Random Walk? Evidence from Incubated Small and Medium Enterprises in South Africa

Debate on the validity of the Law of Proportionate Effect (LPE) on firm growth is ongoing decades after it was postulated by Gibrat in 1931. The theoretical model which asserts that firm growth follows a random walk has been largely tested in developed economies using data from non-incubated firms,...

Whakaahuatanga katoa

I tiakina i:
Ngā taipitopito rārangi puna kōrero
Ngā kaituhi matua: Helper Zhou, Robert Zondo
Hōputu: Artigo
Reo:Inglês
I whakaputaina: Azure Academic Publishers 2023-04-01
Rangatū:African Journal of Inter-Multidisciplinary Studies
Ngā marau:
Urunga tuihono:https://srvubuojs002.uct.ac.za/index.php/ajims/article/view/1091
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