...significant and inverse relationship between firm size and its efficiency based on

DEA model: in fact the larger the company its efficiency decreases. Thus, according to confirming

the inverse relationship between firm size and firm efficiency, it is recommended to investors and

managers to consider the efficiency index and the desired output with respect to investments

made according to the DEA models to achieve efficiency....

The traditional profit-based criteria have recognized defects the important of which is

being manipulated by various accounting procedures and reliance on the limiting principles of

conservation and retrospection. Thus, it is necessary to find some new parameters in order to

sensibly study companies’ performance. In this regard, data envelopment analysis (DEA) is

considered as a new way to do this. The main effect of this technique is that all previous variables

for assessing performance are simultaneously or individually included. In such models, raw

accounting data, financial ratios, economic variables, and nonfinancial data and factors can be

used (Musavizadeh, 2010)...Razmi et al., 2014

Efficiency indicators and the factors acting on it are the same in small and large businesses. Efficiency is important for both types of enterprises. But their scale differs. However, the financial crisis of the big company is more dangerous than the collapse of the small enterprise for the community.

Your question uses the term efficiency. In my view, the answer depends substantially on which resources the term "efficiency" refers to (e.g. energy, material and personnel efficiency). Personnel efficiency is usually measured in terms of labour productivity. While labour costs have been the main drivers for efficient staff deployment up to now, the consequences of the shortage of skilled workers, lack of deployment flexibility and the effects of demographic change are currently the main drivers. With regard to these factors, it can be assumed that SMEs will have to act differently from large diversified enterprises. In this respect, personnel efficiency will also have to be analysed and evaluated methodically differently. In this way I support your fundamental thesis that there are methodological differences. What these differences look like must be discussed in relation to the resource under consideration.

Hi,

It is purely based on business environment. the economic efficiency focused in business planning, operations, and the evaluation of its activities and in market area,share, product performance, and overall quality trends to small and large scale business ...

Dear Colleagues and Friends from RG, Hello everyone, thank you for participating in the discussion. Joint discussions are very encouraging, new concepts are created, ideas are exchanged and different approaches to specific issues are created. Joint discussions significantly contribute to the improvement of the developed concepts of scientific research, new theses, new formulas and directions of new research works.

Thank you very much for participating in this discussion. I would like to add the following question to this discussion: For which types of economic operators (classified by company size) the impact of the Coronavirus pandemic caused more severe, negative economic effects? Can large enterprises and international corporations have financial problems analogous to those of the SME sector? Have large corporations and capital groups operating on various markets been less affected by the negative economic effects resulting from the Coronavirus pandemic than micro-enterprises and SME sector entities, usually operating in local and national markets, in one industry or sector?

Please reply,

What's your opinion on this topic?

I am asking for an answer and invite you to the discussion,

Thank you very much and best regards,

Dariusz Prokopowicz

...significant and inverse relationship between firm size and its efficiency based on

DEA model: in fact the larger the company its efficiency decreases. Thus, according to confirming

the inverse relationship between firm size and firm efficiency, it is recommended to investors and

managers to consider the efficiency index and the desired output with respect to investments

made according to the DEA models to achieve efficiency....

The traditional profit-based criteria have recognized defects the important of which is

being manipulated by various accounting procedures and reliance on the limiting principles of

conservation and retrospection. Thus, it is necessary to find some new parameters in order to

sensibly study companies’ performance. In this regard, data envelopment analysis (DEA) is

considered as a new way to do this. The main effect of this technique is that all previous variables

for assessing performance are simultaneously or individually included. In such models, raw

accounting data, financial ratios, economic variables, and nonfinancial data and factors can be

used (Musavizadeh, 2010)...Razmi et al., 2014