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Title The Impact of Regulations on Small Firm Characteristics
Authors Kaya, H.D.
Keywords невелика фірма
небольшая фирма
small firm
малий бізнес
малый бизнес
small business
правила
нормативные документы
regulations
підприємництва
предпринимательство
entrepreneurship
Type Article
Date of Issue 2021
URI https://essuir.sumdu.edu.ua/handle/123456789/86072
Publisher Sumy State University
License Creative Commons Attribution 4.0 International License
Citation Kaya, H.D. (2021). The Impact of Regulations on Small Firm Characteristics. Business Ethics and Leadership, 5(2), 66-77. https://doi.org/10.21272/bel.5(2).66-77.2021
Abstract Regulations are shown to have a significant impact on entrepreneurial activity, especially on startups by smaller firms. Higher compliance costs are shown to deter small firms entering a new industry. In this study, using state-level regulation data in the U.S., we examine whether different types of regulations (including “health and safety regulations”, “employment regulations”, “tax code”, “licensing regulations”, “environmental regulations”, and “zoning regulations”) in each state deter smaller firms to do business in that state. We also examine whether each type of regulation deters firms to do business in certain industries or to operate in more or fewer states. Besides size, operational area, and industry, we also examine whether each type of regulation deters younger firms to do business in each state.
Appears in Collections: Business Ethics and Leadership (BEL)

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