A carregar...
Publicação
A taxonomy of the non-financial firms based on framework regulation costs: evidence from Portugal
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 1.67 MB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
With the appearance of concepts like microdata, economic research faced a switch from aggregate level to firm-level analysis. This change resulted in the discovery of concepts like heterogeneity, and the expansion of the topics under research. Several papers appeared to analyse the drivers of firms’ performance, growth, or likelihood of survival. There was also a switch on the evaluation of the business environment quality, in addition to objective indicators, perception-based indicators started to be used. One example of these new indicators is the firms’ perception of framework regulation costs. Such costs consist of adverse effects that constrain enterprises and are not related to their activities. This research investigates the different firms’ perceptions of the framework regulation costs. Additionally, finds the determinants of such differences. And, by deploying the Self-Organizing Maps approach, this work proposes a taxonomy of non-financial firms according to their perceptions of framework regulation costs. The results suggest the existence of a taxonomy that splits the non-financial companies into three groups: judicially dominated companies, constraint-free companies, and constraint dominated companies. These groups are robust and, we claim, should be taken into account when designing regulatory policy.
Descrição
Dissertation presented as the partial requirement for obtaining a Master's degree in Statistics and Information Management, specialization in Information Analysis and Management
Palavras-chave
Non-financial Portuguese companies Framework regulation costs Self-Organising Maps Clustering Taxonomy