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The Impact of Size on the Performance of Transnational Corporations Operating in the Textile Industry in Portugal during the COVID-19 Pandemic

2022-01Journal article Open access
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dc.contributor.authorSantos, Eleonora
dc.contributor.authorCastanho, Rui Alexandre
dc.date.accessioned2022-01-19T16:43:04Z
dc.date.available2022-01-19T16:43:04Z
dc.date.issued2022-01
dc.description.abstractThe aim of this work is to understand the impact of size on the performance of transnational corporations (TNCs) operating in the textile and clothing industry in Portugal during the COVID-19 pandemic. For this purpose, we used ORBIS data for the period 2019–2020 and narrative, financial and correlation analyses to assess the performance of five companies. Thus far, the impact of company size on the competitiveness of Portuguese textile affiliates during the pandemic has remained unexplored. The results show that smaller firms performed better than larger ones, likely due to the higher fixed costs of the latter at times when orders declined worldwide. Our analysis suggests that there are some characteristics of TNCs that matter in explaining company-level performance during crises, such as management experience and flexibility. Furthermore, as Portugal is a major European textile exporter, it is useful for the host country to assess the economic sustainability of its foreign investors. The results provide some policy recommendations regarding the promotion of foreign direct investment (FDI) in Portugal.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationSantos, E.; Castanho, R.A. The Impact of Size on the Performance of Transnational Corporations Operating in the Textile Industry in Portugal during the COVID-19 Pandemic. Sustainability 2022, 14, 717. https://doi.org/ 10.3390/su14020717pt_PT
dc.identifier.doihttps://doi.org/ 10.3390/su14020717pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.8/6506
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relationCEECINST/00051/2018pt_PT
dc.relationCentre of Applied Research in Management and Economics
dc.relation.ispartofseries717;
dc.relation.publisherversionhttps://www.mdpi.com/2071-1050/14/2/717pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectForeign direct investmentpt_PT
dc.subjectFirm sizept_PT
dc.subjectCorporate performancept_PT
dc.subjectTextilespt_PT
dc.subjectTransnational corporationspt_PT
dc.subjectGlobalizationpt_PT
dc.subjectEconomic sustainabilitypt_PT
dc.titleThe Impact of Size on the Performance of Transnational Corporations Operating in the Textile Industry in Portugal during the COVID-19 Pandemicpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleCentre of Applied Research in Management and Economics
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04928%2F2020/PT
oaire.citation.endPage14pt_PT
oaire.citation.issue717pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleSustainabilitypt_PT
oaire.citation.volume14pt_PT
oaire.fundingStream6817 - DCRRNI ID
person.familyNameSantos
person.givenNameEleonora
person.identifier.ciencia-id321B-D068-1CB4
person.identifier.orcid0000-0003-4693-0804
person.identifier.scopus-author-id56903606100
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication68e18938-f060-47d1-b0b8-4ca1f2e47dbe
relation.isAuthorOfPublication.latestForDiscovery68e18938-f060-47d1-b0b8-4ca1f2e47dbe
relation.isProjectOfPublication4c5aa29d-4b03-4713-8f40-08b3bbfd88d7
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