TY - JOUR
T1 - Managerial efficiency and size: an assessment of strategic potential of Italian manufacturing firms
AU - ERBETTA, Fabrizio
AU - Giovanni, Fraquelli
PY - 2012/1/1
Y1 - 2012/1/1
N2 - This paper examines the efficiency differentials with reference to a large sample of Italian manufacturing enterprises. The literature on the subject has frequently emphasized the weakness inherent in a fragmented industrial system. Recently, however, some authors have extensively re-evaluated the role of medium-sized companies, as characterised by a potentially winning combination of “structure” and “flexibility”. Applying the nonparametric DEA (Data Envelopment Analysis) approach to a set of medium and large firms, the results provide an overview of the disaggregated efficiency components. The medium-small business seems to benefit from the best conditions of efficiency, attributable to a more rational use of labour as well as a more disciplining role of external financial market.
AB - This paper examines the efficiency differentials with reference to a large sample of Italian manufacturing enterprises. The literature on the subject has frequently emphasized the weakness inherent in a fragmented industrial system. Recently, however, some authors have extensively re-evaluated the role of medium-sized companies, as characterised by a potentially winning combination of “structure” and “flexibility”. Applying the nonparametric DEA (Data Envelopment Analysis) approach to a set of medium and large firms, the results provide an overview of the disaggregated efficiency components. The medium-small business seems to benefit from the best conditions of efficiency, attributable to a more rational use of labour as well as a more disciplining role of external financial market.
KW - Efficiency
KW - Manufacturing Industries
KW - Operational Size
KW - Efficiency
KW - Manufacturing Industries
KW - Operational Size
UR - https://iris.uniupo.it/handle/11579/103104
M3 - Article
SN - 2109-9480
VL - 4
JO - EUROPEAN REVIEW OF INDUSTRIAL ECONOMICS AND POLICY
JF - EUROPEAN REVIEW OF INDUSTRIAL ECONOMICS AND POLICY
ER -