Are small firms less efficient?

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How researchers see this paper

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Modelling the Performance of Australian Hotels: A DEA Double Bootstrap Approach (2011, background): “Several studies in the literature (Wanhill, 2000; Yang and Chen, 2007) have discussed extensively the challenges facing small and medium-sized businesses, either in tourism or other related sectors of the economy.”
Working capital level influence on SME profitability (2016, unknown): “COSIZE is expected to negatively relate to firm profitability because smaller firms are more able to adapt to the ever-changing business environments (Yang and Chen, 2009).”
Acquisitions by emerging market multinationals: Implications for firm performance (2014, background): “Nevertheless, small firms have flexible non-hierarchical structures and can adapt better to environmental changes (Yang & Chen, 2009).”