TY  - RPRT
        AU  - Forth, John
AU  - Bryson, Alex
        TI  - The Impact of Management Practices on SME Performance
        PY  - 2018/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11399
        UR  - https://www.iza.org/index.php/publications/dp11399
        AB  - We examine the impact of management practices on firm performance among SMEs in Britain over the period 2011-2014, using a unique dataset which links survey data on management practices with firm performance data from the UK's official business register. We find that SMEs are less likely to use formal management practices than larger firms, but that such practices have demonstrable benefits for those who use them, helping firms to grow and increasing their productivity. The returns are most apparent for those SMEs that invest in human resource management practices, such as training and performance-related pay, and those that set formal performance targets.
        KW  - recession
KW  - management practices
KW  - SMEs
KW  - small and medium-sized enterprises
KW  - employment growth
KW  - high-growth firms
KW  - HRM
KW  - productivity
KW  - workplace closure
        ER  -