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Background: Being effective is very important for any organisation. With a given number of inputs, more efficient companies can create more outputs than less efficient ones leading to better use of resources. Improving efficiency increases firm competitiveness. This paper focuses on the link between the firm’s economic efficiency and firm size. Only a few studies are examining this relationship, and the authors of this article revealed no study investigating this link on data of the Czech companies. Methods: Dat...

The paper focuses on the examination of the relationship between firm size and firm growth for the companies in Slovakia during years 2009 – 2016. The aim of the article is to investigate the validity of Gibrat’s law (Law of proportionate effect), so if the firm growth is a stochastic process resulting from a lot of unobserved random variables and firm growth is independent of the firm size. For measuring company size, it was used three number of employees. This firm size indicator is most often used in studies...