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Exporting Activity at Turning Point: Continuity and Viability of Greek Manufacturing SMEs

Exporting Activity at Turning Point: Continuity and Viability of Greek Manufacturing SMEs
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Author(s): Christos Lemonakis (Assistant Professor, Hellenic Mediterranean University, Agios Nikolaos, Greece), Eleni Batzanakaki (Business Consultant, Heraklio, Greece), Stylianos Steiakakis (Business Analyst, Heraklio, Greece)and Alexandros Garefalakis (Hellenic Mediterranean University, Agios Nikolaos, Greece)
Copyright: 2021
Pages: 15
Source title: Research Anthology on Small Business Strategies for Success and Survival
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-9155-0.ch062

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Abstract

The purpose of this article is to study key factors affecting export activity in the Greek manufacturing small and medium enterprises (SMEs). Under this condition the authors focus on four consecutive sectors of Greek economic activity, i.e.: food and beverage (F&B), clothing, machinery, and wood and furniture sectors. The important characteristics are analyzed by using the sample firms' size, age, and financial indicators such as leverage and liquidity to underscore the importance of exporting activity in providing increased efficiency in the Greek manufacturing firms. The study uses an OLS econometric model to determine the importance of these factors and to present an overall perception of explanatory characteristics increasing business continuity and firms' viability.

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