“…Larger firms may have both greater financial and human capital, therefore the size of the business, as captured by the natural log of employment plus 1, is included (Serra, Pointon, & Abdou, 2012). Experience and understanding along with market reputation will also be built up over time, so the natural log of the age of the business plus 1 is also included (Katsikeas, Deng, & Wortzel, 1997).…”