FIRM SIZE & SUSTAINABLE PERFORMANCE: A LITERATURE REVIEW

Firm size has been a key variable since time immemorial and there have been regular efforts by the State to control this variable to avoid monopoly to safeguard the interest of the consumers. Since the shared values need to be infused within the employees first and keep them exposed to the stakeholders for taking decisions so as to take care of the economic, environmental and social aspects benefitting all shareholders, we presume that beyond a certain size, the relationship and interconnection within all stakeholders shall be too complex for the firm to manage which would lead to unsustainability. The other variables are also important for the firm to be resilient as narrow scope, high end indivisible technology, complex management structure and concentrated ownership cannot keep the firm adaptive to the changing environment which might be deter the sustainable performance. In this study, I have looked at the variable firm size in depth while touching upon other variable to look for performance of the firm in terms of sustainability.