Analysis of Classification Criteria Relevant in Determining Companies’ Size
The paper present results of conducted research onranking classification criteria for determining a company’s size by importance. Classification criteria for determining the size of a company in the European Unionare the average employee number, the balance sheet total and the annual income. The Accounting law in Croatia is harmonised with the European Union accounting legislation included in Directive 2013/34/EU on the annual financial statementconsolidated financial statements and related reports of certain types of undertakings. The paper includes analysis of ranking classification criteria which is conducted for the companies from Croatiafor the period from 2005 to 2014 by using correlation analysis, multiple regression analysis and dominance analysis.
Indexterms- size classification criteria, small and medium-sized companies, multiple regression, dominance analysis, zero-order correlation.