Management Capability: Perspectives from New Zealand Small Firms

Battisti, Martina; Deakins, David; Coetzer, Alan; Roxas, Hernan

doi:10.2139/ssrn.1591000

Cited by 10 publications

(6 citation statements)

References 18 publications

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“…For example, social venture crowdfunding faced numerous difficulties during the crisis (Farhoud et al 2021), start-ups and small businesses in China (Brown et al 2020) and in England (Brown and Rocha 2020) underwent a big decline in equity investments in the first quarter of 2020 compared with same quarter in 2019. Although SMEs enjoy greater flexibility and adaptive capacities (Bartz and Winkler 2016;Battisti and Deakins 2012;Burns 2016;Gilmore et al 2013) than bigger firms, at the same time they have a higher probability of failure than large and established firms (Berger and Udell 1998;Davidson and Gordon 2016;Doern et al 2019;Herbane 2013Herbane , 2019May and Lixl 2019;Beck and Demirguc-Kunt 2006;Juergensen et al 2020), partly due to their ownership structure (Martin et al 2019).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Access to external credit during COVID-19: evidence from green SMEs in Italy

Arcuri

Pisani

2023

Rev Manag Sci

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This study explores the impact of being “green” as a response to variability in the business environment. We examine the financial resilience of green Small and Medium-sized Enterprises (SMEs) in Italy compared to non-green during the COVID-19 pandemic. We verify whether green SMEs are more able to attract external funding than non-green and whether green SMEs rely more heavily on trade credit than non-green ones. We carry out an analysis with 215,564 observations, of which 6844 refer to “green” firms, over the period 2017–2020 and we find that before and during the pandemic, Italian green SMEs do not attract more external funding than other SMEs, but they rely more on trade credit than non-green SMEs. Our results partially confirm the traditional substitution effect, and we suggest that the reasons for this relationship are also supplied in the literature which sees trade credit as a component of a long-term portfolio management strategy, i.e., as a tool for consolidating relationships with clients, for price discrimination and/or for increasing firm profitability in facing variable demand conditions. Our paper contributes to the literature in two ways. First, it investigates the relationship between the “green” characteristics of a firm and its level of economic and financial resilience during the pandemic. Second, it verifies whether, during a complex economic shock, green orientation increases or decreases the importance of trade credit relative to bank credit in financing the firm.

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Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Access to external credit during COVID-19: evidence from green SMEs in Italy

Arcuri

Pisani

2023

Rev Manag Sci

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“…Unlike shopping malls and big-box retail, small businesses are hubs of local entrepreneurship that promote economic vibrancy and social interaction at a neighbourhood level (Liu et al 2014). However, immigrant small business owners continue to face greater barriers to market entry over their non-immigrant counterparts, and are one of the most vulnerable, at-risk sectors of the economy (Battisti and Deakins, 2012;Ingirige et al, 2008;Murdie & Ghosh 2010;Pendakur and Pendakur, 1998;Portes and Jensen, 1989;Waldinger, 2003;Waldinger et al, 2000;Yoshida and Smith, 2005).…”

Section: The Growth and Importance Of Immigrant Small Businesses In T...mentioning

confidence: 99%

Stories of resilience: how immigrant small business owners have adapted in the face of Toronto's Covid-19 pandemic

Law

2023

Preprint

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In response to the particular barriers faced by immigrant small business owners identified in the literature, this paper investigates the effects of COVID-19 on small immigrant businesses in the inner-suburbs of Toronto by asking the following questions: How are small immigrant business owners adapting during the COVID-19 pandemic? What strategies have they been using?. Using primary and secondary research methods, this paper found that the extent to which an immigrant small business owner was able to adapt their business to the pandemic environment and overcome barriers largely depended on (1) the extent to which they used existing co-ethnic, family and professional networks in their community; (2) the ethnic strategies used, which was largely influenced by the opportunity structures in which a business owner was embedded within; and, (3) the formal and informal place- making methods use by immigrant business owners for community building. Key words: Immigrant placemaking, ethnic networks, mixed-embeddedness, immigrant entrepreneurship

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“…Insights into the internal working of SMEs may provide answers into the way ad hoc organising can potentially balance SME’s critical needs in disrupted contexts. For example, Battisti and Deakins (2011) find that the ability of SMEs to learn and integrate knowledge and resources, especially when there are limited internal resources, aid their ability to survive and recover from a disruption. Such research points to managerial agency and coordination as being the basis for SMEs enacting resilience and recovery in disrupted contexts (Sullivan-Taylor and Branicki, 2011; Vargo and Seville, 2011).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Activating collective agency in disrupted contexts: The social-cognitive context of ad hoc organising in a small and medium-sized enterprise

Teo

2022

International Small Business Journal

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‘Ad hoc organising’ is becoming an increasingly important topic in the growing literature on disrupted contexts. It is viewed as an emergent, largely unpredictable phenomenon. However, few theoretical frameworks exist for understanding how small and medium-sized enterprises (SMEs) engage in ad hoc organising, via the convergence of people and organisations, to alleviate suffering in a disrupted context. In this inductive, theory-building, multiple case study, we explore the way collective agency in an SME emerges in the process of ad hoc organising. Our findings identify two overlapping micro-processes that enable collective agency in a disrupted context: building collective efficacy and initiating communal coping. Together, these micro-processes lead to SME leaders achieving collective outcomes for the community in ad hoc organising. We discuss these findings in relation to the literature on ad hoc organising and SMEs in disrupted contexts.

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Management Capability: Perspectives from New Zealand Small Firms

Cited by 10 publications

References 18 publications

Access to external credit during COVID-19: evidence from green SMEs in Italy

Access to external credit during COVID-19: evidence from green SMEs in Italy

Stories of resilience: how immigrant small business owners have adapted in the face of Toronto's Covid-19 pandemic

Activating collective agency in disrupted contexts: The social-cognitive context of ad hoc organising in a small and medium-sized enterprise

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