Theoretical and Applied Economics
No. 9 / 2013 (586)
Harmonization process in defining small and medium-sized enterprises. Arguments for a quantitative definition versus a qualitative one
The Bucharest University of Economic Studies
Abstract. Harmonization process of the definition and financial reporting of small and medium-sized enterprises is still a challenge for European and international organizations and institutions. Analysing the definitions of SMEs issued by European Commission, World Bank, OECD, the definitions used within a couple of countries and other studies regarding this aspect, it concluded that is not yet a consensus regarding the definition of the small and medium-sized enterprises. The various criteria used to classify the enterprises in the category of SMEs, different thresholds, the economic activity and economic context of each country are the main factors which interfere with the existence of one international available quantitative definition for small and medium-sized enterprises.
Keywords: small and medium-sized enterprise (SME); quantitative criteria; qualitative criteria, harmonization process, financial reporting.
Contents
- The impact of accounting information on managerial
decisions – Empirical study conducted in the hospitality
industry entities in Romania
Sorin BRICIU
Carmen SCORŢE
Ioana MEŞTER
- Exchange rate volatility effects on export
competitiveness. Romanian Case
Anca GHERMAN
George ŞTEFAN
Adriana FILIP
- Do investors consider composite leading indicators?
Time series evidence from emerging countries
Mert TOPCU
Ulas UNLU
- Can Member States
unlock the national competitiveness
through export market share effects?
Angela Cristina POPA
Călin CANTEMIR
- Innovation – a national priority, supported
by the regional development agencies
Elena ENACHE
Cristian MOROZAN
- Pros and cons of using derivatives
Ramona GOGONCEA
Ioana-Diana PAUN
- Harmonization process in defining
small and medium-sized enterprises.
Arguments for a quantitative definition
versus a qualitative one
Maria-Mădălina BUCULESCU (COSTICĂ)
- Financial stability between liberalization
and regulation
Cristian IONESCU