{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/firm-size",
 "identifier": "kaal:entity:firm-size",
 "name": "Firm size",
 "termCode": "firm-size",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
 "canonicalForm": "https://wulfkaal.github.io/entities/firm-size.md",
 "sha256": "7c98176fd7abfc51d17f9f32282993845bfa140babf7d1c568f4484c151bbd1a",
 "additionalProperty": [
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   "@type": "PropertyValue",
   "name": "status",
   "value": "derived"
  },
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   "@type": "PropertyValue",
   "name": "claim_count",
   "value": 2
  },
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   "value": 2
  },
  {
   "@type": "PropertyValue",
   "name": "year_span",
   "value": [
    "2012",
    "2014"
   ]
  },
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   "name": "non_current_claims",
   "value": 0
  }
 ],
 "subjectOf": [
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2150377-037",
   "identifier": "kaal:claim:2150377-037",
   "text": "Strategic adjustment to registration is a function of firm size: firms that planned a strategic response to Dodd-Frank were smaller than firms that did not.",
   "abstract": "Firms that planned a strategic response were smaller than those firms that did not plan a strategic response.",
   "citation": "Wulf A. Kaal, Hedge Fund Manager Registration Under the Dodd-Frank Act (2012). SSRN: https://ssrn.com/abstract=2150377",
   "datePublished": "2012",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "survey respondents, n=94, comparing the twenty-four advisers planning a strategic response with the sixty-two who did not"
   ],
   "source_pdf_sha256": "0b58bb409cac7674d78515f5374096f9a349de3bbd1983c990e0edc85a635a09",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2389423-032",
   "identifier": "kaal:claim:2389423-032",
   "text": "The results contradict other studies finding an inverse relationship between the size of regulated firms and the per-unit cost of compliance, and suggest that financial regulation does not bring increasing returns to scale in the private fund industry.",
   "abstract": "contradict other studies that find an inverse relationship between the size of regulated firms and the per-unit cost of compliance. The results suggest that financial regulation does not bring increasing returns to scale in the private fund industry.",
   "citation": "Wulf A. Kaal, The Impact of Dodd-Frank Act Compliance Cost on the Hedge Fund Industry (2014). SSRN: https://ssrn.com/abstract=2389423",
   "datePublished": "2014",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "private fund industry",
    "Title IV compliance cost measured by survey data"
   ],
   "source_pdf_sha256": "6b95323abbaffd00a012589531859f2938ab8b372d0243171059ff82e55a0838",
   "status": "current"
  }
 ],
 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'firm-size'. Derived node: a roster, not an adjudicated definition."
}