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Dynamics of large enterprises on small enterprises and shadow economy [Elektronski vir]
Kocjančič, Jože, 1958- ; Bojnec, Štefan
The paper analyses the impact of the dynamics in large enterprises in the wood industry on the dynamics of small enterprises and the shadow economy in this industry in Slovenia. We use unique ...firm-level survey data for the sample of enterprises in the wood industry in Slovenia. We find relatively a small impact of the dynamics and size structure of the large enterprises on the dynamics of small enterprises in the wood industry. The important impact is found for the dynamics of large enterprises on the shadow economy in the wood industry. The empirical results give some implications for the regulatory system to provide a proper institutional enabling framework for the formal economy sector, a proper financial system at acceptable assurance and costs, and an informal education schemes to provide basic business knowledge and good entrepreneurial practices.
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