Variables |
Acronym |
Name |
Formula |
PROFI |
Profitability |
|
LEV |
Leverage |
|
SIZE |
Size |
|
AGE |
Age of company |
Company´s age (Difference between date of incorporation and date of firm year observation) |
CYCLE |
Life cycle stage |
Life cycle stages according to Dickinson (2011) model |
COUNTRY |
Country dummy |
Country affiliation (the Czech Republic, the Czech Republic) |