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| Author: | Lensink, R. Steen, P. van Sterken, E. |
| Title: | Uncertainty and growth of the firm |
| Journal: | Small business economics
2005 : MAY, VOL. 24:4, p. 381-391 |
| Index terms: | company growth small and medium-sized enterprises (smes) uncertainty Netherlands |
| Language: | eng |
| Abstract: | Data is used from a survey of 1097 small and medium-sized non-listed Dutch companies to investigate the relations between growth of the company and uncertainty. The focus is on the impact of sales uncertainty on various types of investment. It is found that sales uncertainty, measured by the conditional variance, has a mixed impact on various investment decisions. |
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