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首页> 外文期刊>International Journal of Accounting Research >Dynamics of Scaling Firms and their Contributions for Social and Economic Transformation
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Dynamics of Scaling Firms and their Contributions for Social and Economic Transformation

机译:规模企业的动态及其对社会和经济转型的贡献

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The role of scaling firms for poverty reduction and pro-poor growth is indisputable. Most scholars declared that those firms are the veritable socio-economic engines for sustainable income, employment-generation and social-transformation. The main objective of this study is therefore, to investigate the dynamics of scaling firms and their contributions for socio- economic -transformation. To be specific, the study intends to verify whether firms are consistently taking its critical part for improving the living conditions of the poor, and driving employment growth and social wellbeing, and if not, why, and also to identify the possible remedial measures. By making use of the Binary logistic regression analysis, OLS and fixed effect models, the study has made thorough investigation of the determinant factors for firms’ entry, survival and growth. Besides, descriptive statistics was used for analyzing the individual owners and firm level characteristics and their relationship with the form and or nature of the business firms and its sources of funding. Virtually, the study found that scaling firms have played and continue to play significant roles in improving the socio-economic lives of the poor. The firms, on average, generated higher rate of annual employment growth (8.5 percent), capital accumulation (41.6 percent), ROI (7.8 birr) and income and assets growth rate (26.8 percent).On the other hand, firm operators were able to reduce the marginal cost of production by 7.8 birr, by virtue of efficient utilization of resources and effective production system. Overall, scaling firms - enabled the poor to realize better social wellbeing by means of reducing socio-economic inequality and vulnerability. In spite of the fact that scaling firms have had an immense potential for wealth accumulation, poverty reduction and employment generation, the sector did not yet realize its vibrant role due to a range of problems and constraints affecting its survival and growth. The most out of which, includes, uneasy access to funding, lack of access to market, poor infrastructural facilities, which tend to escalate costs of operation, bureaucratic support and inefficiency in the administration of incentives and support facilities. The poor intra and inter-sectorial linkages within which access to raw materials and final products are at the verge of dare obstacles could also pledge restricted access to market and other business information.
机译:扩大公司规模以减轻贫困和促进穷人增长的作用是无可争议的。大多数学者宣称,这些公司是实现可持续收入,创造就业机会和社会转型的真正的社会经济引擎。因此,本研究的主要目的是调查规模企业的动态及其对社会经济转型的贡献。具体来说,该研究旨在验证企业是否在改善穷人的生活条件,促进就业增长和社会福祉方面始终发挥关键作用,如果不是,原因是什么,并确定可能的补救措施。通过使用二元逻辑回归分析,OLS和固定效应模型,该研究对企业进入,生存和增长的决定性因素进行了深入研究。此外,描述性统计数据还用于分析个人所有者和公司层级特征及其与商业公司的形式和/或性质及其资金来源之间的关系。实际上,该研究发现,规模扩大的公司在改善穷人的社会经济生活中发挥了并将继续发挥重要作用。这些公司平均产生了较高的年就业增长率(8.5%),资本积累(41.6%),投资回报率(7.8 birr)和收入和资产增长率(26.8%)。通过有效利用资源和有效的生产系统,将边际生产成本降低7.8比尔。总体而言,规模扩大的公司通过减少社会经济不平等和脆弱性,使穷人能够实现更好的社会福利。尽管规模扩大的企业在积累财富,减少贫困和创造就业机会方面具有巨大潜力,但由于影响其生存和增长的一系列问题和制约因素,该部门尚未发挥其活跃的作用。其中最主要的原因包括,难以获得资金,无法进入市场,基础设施不完善,这往往会增加运营成本,官僚主义的支持以及激励措施和支持设施的管理效率低下。部门内部和部门之间的联系不畅,原材料和最终产品的获取面临着巨大的障碍,这也可能导致人们对市场和其他商业信息的获取受到限制。

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