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This article deals with the investigation of the relationship between firm size and firm growth for the firms from the subsector of pig breeding (0146 according to NACE classification), which are located in the Czech Republic. The paper aims to examine the validity of GibratВ’s law (Law of proportionate effect) which is devoted to size-growth link, in this subsector. GibratВ’s law states that growth of a firm is a random effect independent of firm size. We investigate the link during the years 2010 to 2016. The an...

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...

Background: Tourism industry belongs to the relative young and dynamically expanding sector of economy in post-communist countries. According to Czech Ministry of Regional Development tourism industry created on average 3 percent of gross domestic product in last ten years in the Czech Republic. The study is focused on travel agents whose main task is to mediate tourism services and take the form of travel agencies and tour operators. The paper aims to assess the financial health of tour operators and travel agenc...