SME growth speed: The relationship with boardcapital

This study examines the effects of board capital on small andmedium enterprise (SME) growth speed using a robust regres-sion model, in a sample of the every firm listed on the MAB(alternative Spanish stock market). We adopted the resource-based view (RBV), the resource dependency perspective, andthe...

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Detalles Bibliográficos
Autores: Barroso Castro, Carmen, Domínguez de la Concha-Castañeda, Marta, Rodríguez Serrano, María de los Ángeles
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2022
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/152538
Acceso en línea:https://hdl.handle.net/11441/152538
https://doi.org/10.1080/00472778.2020.1717293
Access Level:acceso abierto
Palabra clave:Small business
Small and medium enterprises
Growth
Corporate
Descripción
Sumario:This study examines the effects of board capital on small andmedium enterprise (SME) growth speed using a robust regres-sion model, in a sample of the every firm listed on the MAB(alternative Spanish stock market). We adopted the resource-based view (RBV), the resource dependency perspective, andthe Penrosean theory to argue that directors’characteristicsprovide the resources required for SMEs to achieve a highergrowth rate. Our research concludes that the board’s func-tional diversity positively affects SME growth, the extent ofprior training among the directors of quoted SMEs is higherthan expected, and there is no relationship between the pre-vious experience of directors in CEO positions and SME growth