bibtype J - Journal Article
ARLID 0523038
utime 20240103223853.0
mtime 20200317235959.9
SCOPUS 85081007454
WOS 000528016100002
DOI 10.1016/j.ecosys.2020.100743
title (primary) (eng) Firm survival in new EU member states
specification
page_count 22 s.
media_type P
serial
ARLID cav_un_epca*0290062
ISSN 0939-3625
title Economic Systems
volume_id 44
publisher
name Elsevier
keyword firm survival
keyword new EU member states
keyword survival and exit determinants
keyword hazards model
author (primary)
ARLID cav_un_auth*0359155
share 33
name1 Baumöhl
name2 E.
country SK
garant K
author
ARLID cav_un_auth*0390681
share 33
name1 Iwasaki
name2 I.
country JP
garant S
author
ARLID cav_un_auth*0312139
full_dept Department of Econometrics
share 34
name1 Kočenda
name2 Evžen
institution UTIA-B
full_dept (cz) Ekonometrie
full_dept Department of Econometrics
department (cz) E
department E
country CZ
garant A
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
source
url http://library.utia.cas.cz/separaty/2020/E/kocenda-0523038.pdf
source
url https://www.sciencedirect.com/science/article/pii/S093936251830075X
cas_special
abstract (eng) We analyze firm survival determinants in four new European Union member states (the Czech Republic, Hungary, Poland, and Slovakia). We employ the Cox proportional hazards model on firm-level data over the period of 2006 to 2015. We show that less concentrated control of large shareholders, higher solvency, and more board directors are linked with increased probability of firm survival in all four countries. However, an excessive number of board directors shows a detrimental effect. Firms with foreign owners and higher returns on their assets exhibit better survival chances. Conversely, larger firms and those hiring international auditors show lower probabilities of survival. A number of determinants specifically influence firm survival in different ways across countries. This fact emphasizes that country differences are important when studying firm survival. We also document that in an economic sense, determinants associated with the legal form, ownership structure and corporate governance show the most beneficial effects with respect to firm survival.
reportyear 2021
RIV AH
result_subspec WOS
FORD0 50000
FORD1 50200
FORD2 50206
num_of_auth 3
inst_support RVO:67985556
permalink http://hdl.handle.net/11104/0307876
mrcbC61 1
confidential S
article_num 100743
mrcbC86 1 Article Economics
mrcbC91 A
mrcbT16-e ECONOMICS
mrcbT16-i 0.32558
mrcbT16-j 0.721
mrcbT16-s 0.892
mrcbT16-B 43.237
mrcbT16-D Q3
mrcbT16-E Q2
arlyear 2020
mrcbU14 85081007454 SCOPUS
mrcbU24 PUBMED
mrcbU34 000528016100002 WOS
mrcbU63 cav_un_epca*0290062 Economic Systems 0939-3625 1878-5433 Roč. 44 č. 1 2020 Elsevier