TY - JOUR
T1 - Greek Firms and EMU:: Contrasting SMEs and Large-Sized Enterprises
AU - Spanos, Yiannis
AU - Prastacos, Gregory
AU - Papadakis, Vassilis
PY - 2001/12
Y1 - 2001/12
N2 - The primary aim of this study is to contrast and identify differences in the ways by which SMEs and large firms have attempted to change their management practices in order to cope with the formidable challenges associated with competing in the EMU. Using survey data collected from leading Greek firms shortly before Greece's recent accession to the EMU, the study is an attempt to begin empirical work in this area by focusing on changes in competitive strategy, structure and management processes. The results indicate that both SMEs and large firms have initiated changes in all three dimensions. It seems, however, that the degree and direction of these responses depends on size; SMEs appear less able and/or less willing to implement change, perhaps because of size-related disadvantages.
AB - The primary aim of this study is to contrast and identify differences in the ways by which SMEs and large firms have attempted to change their management practices in order to cope with the formidable challenges associated with competing in the EMU. Using survey data collected from leading Greek firms shortly before Greece's recent accession to the EMU, the study is an attempt to begin empirical work in this area by focusing on changes in competitive strategy, structure and management processes. The results indicate that both SMEs and large firms have initiated changes in all three dimensions. It seems, however, that the degree and direction of these responses depends on size; SMEs appear less able and/or less willing to implement change, perhaps because of size-related disadvantages.
KW - EMU
KW - Large firms
KW - Management processes
KW - Organizational change
KW - SMEs
KW - Strategy
KW - Structure
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U2 - 10.1016/S0263-2373(01)00089-5
DO - 10.1016/S0263-2373(01)00089-5
M3 - Article
AN - SCOPUS:0005888657
SN - 0263-2373
VL - 19
SP - 638
EP - 648
JO - European Management Journal
JF - European Management Journal
IS - 6
ER -