bibtype V - Research Report
ARLID 0533385
utime 20240103224558.4
mtime 20201022235959.9
title (primary) (eng) Institutions, Financial Development, and Small Business Survival: Evidence from European Emerging Economies
publisher
place Praha
name UK FSV – IES
pub_time 2020
specification
page_count 43 s.
edition
name IES Working Paper Series
volume_id 2020/39
keyword small business
keyword survival analysis
keyword European emerging markets
author (primary)
ARLID cav_un_auth*0390681
name1 Iwasaki
name2 I.
country JP
author
ARLID cav_un_auth*0312139
name1 Kočenda
name2 Evžen
institution UTIA-B
full_dept (cz) Ekonometrie
full_dept Department of Econometrics
department (cz) E
department E
full_dept Department of Econometrics
country CZ
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
author
ARLID cav_un_auth*0397895
name1 Shida
name2 Y.
country JP
source
url http://library.utia.cas.cz/separaty/2020/E/kocenda-0533385.pdf
cas_special
abstract (eng) 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 level of financial development exhibit statistically significant and economically meaningful impacts on the survival probability of the SMEs being researched. 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.
RIV AH
FORD0 50000
FORD1 50200
FORD2 50202
reportyear 2021
num_of_auth 3
inst_support RVO:67985556
permalink http://hdl.handle.net/11104/0311792
confidential S
arlyear 2020
mrcbU02 V
mrcbU10 2020
mrcbU10 Praha UK FSV – IES