Počet záznamů: 1
Institutions, Financial Development, and Small Business Survival: Evidence from European Emerging Economies
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SYSNO ASEP 0539740 Druh ASEP V - Výzkumná zpráva Zařazení RIV Záznam nebyl označen do RIV Název Institutions, Financial Development, and Small Business Survival: Evidence from European Emerging Economies Tvůrce(i) Iwasaki, I. (JP)
Kočenda, Evžen (UTIA-B) ORCID
Shida, Y. (JP)Celkový počet autorů 3 Vyd. údaje Regensburg: IOS Regensburg, 2021 Edice IOS-Working Paper (WP)-Serie Č. sv. edice wp 390 Poč.str. 43 s. Forma vydání Online - E Jazyk dok. eng - angličtina Země vyd. DE - Německo Klíč. slova small business ; institutions ; financial development ; survival analysis ; European emerging markets Vědní obor RIV AH - Ekonomie Obor OECD Applied Economics, Econometrics Institucionální podpora UTIA-B - RVO:67985556 Anotace In this paper, we traced the survival status of 94,401 small businesses in 17 European emerging markets from 2007–2017 and empirically examined the determinants of their survival, focusing on institutional quality and financial development. We found that institutional quality and the level of financial development impact the survival probability of the researched SMEs in statistically significant and economically meaningful ways. The evidence holds even when we control for a set of firm-level characteristics such as ownership structure, financial performance, firm size, and age. The findings are also uniform across industries and country groups and robust beyond the difference in assumption of hazard distribution, firm size, region, and time period. Pracoviště Ústav teorie informace a automatizace Kontakt Markéta Votavová, votavova@utia.cas.cz, Tel.: 266 052 201. Rok sběru 2022
Počet záznamů: 1