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| Tekijä: | Huyghebaert, N. et al. |
| Otsikko: | New firm survival: The effects of start-up characteristics |
| Lehti: | Journal of Business Finance and Accounting
2000 : JUN/JUL, VOL. 27:5&6, p. 627-651 |
| Asiasana: | Company formation Accounting Business failures Bankruptcy forecasting Models Cash flow Belgium Multivariate analysis |
| Kieli: | eng |
| Tiivistelmä: | Newly founded firms are credited with the creation of a disproportionate share of new jobs, innovation, economic flexibility and economic growth. On the other hand, there is a large number of business failures each year, especially of young firms. While numerous studies examine the ability of accounting data to classify failing and non-failing firms right before failure, these studies mostly restrict themselves to mature, listed firms. In this paper we examine whether the start-up manner influences the survival of new firms. |
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