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The role of the transaction costs in the business success of small and medium sized enterprises in russia
Oleh:
E, Nikolaeva
;
D, Pletnev
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Procedia - Social and Behavioral Sciences vol. 221 (Jun. 2016)
,
page 1-9.
Topik:
business success
;
small and medium sized enterprises
;
transaction costs
;
institutional factors.
Fulltext:
Procedia v221 Page 176.pdf
(330.8KB)
Isi artikel
This article represents the results of a study of transaction costs and business success of small and medium sized enterprises. Based on empirical analysis, the authors introduce a comparative description of transaction costs in different sectors of the Russian economy and demonstrate their effect on the business success. The optimal level of cost for the transaction in each particular section is determined using statistical analysis.
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