This paper presents specific features that enabled certain companies from the Timis County, Romania to grow rapidly during and after the economic crisis. We are convinced that the fast-growing ...companies have specific features which differentiate them from other companies, which is why they should be studied. We consider the fast-growing companies important for the development of the region, as they create job opportunities. The partial results of this ongoing study indicate several specific aspects common to the analyzed companies, such as a powerful vision on the company's future, an early-identified need or opportunity, the delivery of products or services tailored to the customer needs. The 3 lines of business analyzed are transportation and storage, construction works, IT and communication. The content analysis was used in order to analyze the data collected and formulate the findings.
This study presents the relevant factors which allowed some companies from the Timis county, a Western region of Romania, to grow fast before and after 2008. We are considering that fast growing ...companies, defined in this paper, have an important contribution to regional development, especially by creating value and offering new jobs. Our researches done in the last years on fast growing companies from the Western region of Romania, allow us to identify the characteristics of these companies, as well as their best practices, and to set them as examples for companies which want and can grow. The factors which favored the fast growing of these companies are directly related to the entrepreneur-manager (motivations, qualities, skills), management and managerial team, external environment and the managers’ interaction, processes, technology and products and existent leadership – all these, within a period of 3 to 4 years. The companies’ growth processes were analyzed based on the Gibb A. model.
Provider: - Institution: - Data provided by Europeana Collections- Propagační film společnosti Tauber vinařství začíná animovanou sekvencí úsměvně odkazující na dávnou tradici konzumace vína. Poté ...nám film krátce ukazuje vinice, lisování vinných hroznů a pumpování vylisované tekutiny do sudů. Víno dovezené z Francie firmou Tauber vinařství, která sídlila v pražských Vysočanech, je proclíváno, tj. sudy se převažují za asistence celníků. Po dopravení sudů do firemních vinných sklepů je víno přečerpáváno do zdejších obřích cisteren. Sledujeme čištění vnitřních stěn těchto skladovacích tanků. Dělnice drhnou dřevěné sudy, v nichž se víno expeduje. Část produkce je stáčena do lahví, které jsou v přepravkách přistavenými nákladními automobily rozváženy k prodejcům. V areálu společnosti skupina bednářů vyrábí sudy různých velikostí. Film končí celkovým pohledem na provozovnu bratří Tauberů, který zahrnuje i kolejiště usnadňující společnosti přepravu vína po železnici.- A promotion film of the Tauber wine making company starts with a humorous animated sequence referring back to wine consuming traditions. Then the film shortly introduces vineyards, pressing of grapes, and pumping of the pressed liquor to wine barrels. Wine imported from France by the Tauber Company, which was seated in Vysočany, Prague, is cleared through customs, i.e. the barrels are weighed with the presence of customs officers. Then the barrels are transported to the Company's vineyards and pumped into their huge cisterns there. We can watch cleaning of the inside walls of these storing tanks. Women workers are rubbing wooden barrels, in which the produced wine is dispatched. A part of the production is filled into bottles, which are then distributed in crates to individual sellers by lorries. We can also watch a group of barrel makers producing barrels of various sizes on the Company's premises. The film ends up by a final overall view of the Tauber´s Brothers wine making company, offering besides others a view of the railway track used for transportation of wine.- All metadata published by Europeana are available free of restriction under the Creative Commons CC0 1.0 Universal Public Domain Dedication. However, Europeana requests that you actively acknowledge and give attribution to all metadata sources including Europeana
This study examines the ways in which firms recover from stagnation or sales decline, with a focus on two key aspects: traditional high-growth companies and growth restarts within the framework of ...organizational life cycle theory. Analyzing a dataset of 1883 Russian firms from 2013 to 2021, this research employs logistic regression to identify factors that promote growth. These factors include the youth of the firm, investment intensity, and significant sales drops during periods of stagnation. The study introduces a new economic category, termed ‘restarting growth’, which signifies a firm’s sustained expansion following an extended period of stagnation. This category is crucial for identifying factors that increase the likelihood of a company transitioning to growth after prolonged stagnation or production downturn. The findings of this study reveal that firms that are younger, invest more intensively in fixed capital, and have experienced a larger sales drop during a period of stagnation are more likely to transition to growth. These results are juxtaposed with the growth factors characteristic of traditional high-growth companies, as well as with the theoretical approaches explaining growth restarts within the framework of organizational life cycle theory. Such distinctions are pivotal both for academic understanding and practical applications in discerning how companies rebound from crises. Moreover, the research identifies several highly significant factors—indicators that can assist investors in selecting promising firms for financing.
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The article examines the institutional barriers for fast-growing companies in the sectoral and regional markets of Russia. The use of rank-dimensional analysis is substantiated to determine the ...zone of distortion of the competitive behavior of companies and to identify barriers to entry into a privileged part of the market. The differences in the distributions of companies by their size are assessed and examples of industries in the Russian economy where a group of leaders have formed, up to 10 companies that “close” their part of the market from applicant companies, as well as industries in which such a group of leaders has not yet formed, are identified. It is shown how the growth of fast-growing companies is inhibited as they approach barriers. The hypothesis about the possibility of using rank analysis for diagnosing industries for their monopolization, as well as identifying areas for potential support of fast-growing innovative companies and forecasting/supporting the emergence of regional “champions” is confirmed. Sector-specific assessments and recommendations are provided.
This paper presents the main rapid growth factors, as encountered in literature and discusses the importance and contribution of these factors in achieving the rapid growth, respectively if this ...growth phenomenon may be achieved in the absence of the aforesaid factors. The paper examines the factors and subfactors considered or found by scholars to have an effect on or be in connection with the rapid growth. A comparative analysis was performed on several studies concerning the rapid growth companies. Among the main factors influencing the rapid growth are those related to the human resources management, the entrepreneur characteritics and the characteristics of the business. The paper also discusses several issues related to the will of the manager or the entrepreneur, repectively the need to understand the role of the factors that intervene when the growth is not wanted and still obtained or when the growth is targeted but not achieved. The conclusion is in agreement with other scholars’ findings reported in the literature. Certain factors correlated with the appropriate actions may lead to the rapid growth. The paper represents a starting point for the study of those management related aspects enabling companies to grow rapidly in the Romanian business environment.
This paper examines the relation between the company’s age and its growth and analyses the influence of age on growth by studying a specific group of companies, namely fast-growing companies from the ...Timis County, Romania. We have studied the performance of the fast-growing companies in the period of 2010-2013 using the STATA IC 12 software application. A linear regression analysis model with two variables was used. The dependent variable used was the rapid growth of the company, measured by the growth rate of the turnover and the independent variable used was the age of the company, measured by the number of years. The model was tested using the number of employees as a control variable. This paper’s conclusion is in agreement with many other findings from the literature in this subject. The presented results show that the turnover growth rates in the Romanian fast-growing companies tend to drop from one year to another, as the companies grow older.
•This study examines the impact of change to IFRS on the profit and equity of AIM listed companies.•The pre- and post-IFRS regimes are examined with data from the financial statements under IFRS ...1.•We find the IFRS based profit as higher than UK profit but the difference is smaller than large firms.•In contrast to existing evidence we only find a marginal effect of IFRS on equity of AIM companies.•We argue that barriers to harmonisation should be realised before changing accounting regulation.
This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is higher than that reported under UK GAAP; however, the difference is much smaller for AIM listed companies as compared to what existing literature suggests for firms listed on main stock markets. The Gray's partial analysis results indicate that despite the extensive programmes for improving convergence over time there is still a considerable discrepancy between IFRS and UK GAAP.
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