Determinants of Business Survivability: Literature Review

Kozak, Michał

doi:10.17951/ijsr.2017.0.6.183

Cited by 5 publications

(4 citation statements)

References 11 publications

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“…Among all others, customer satisfaction is the most important driver of the CSL (Kozak, 2018). Customers' satisfaction serves as the heartbeat; its absence would mean immediate death of the organization, despite the existence of all other elements.…”

Section: Conceptualization Of Cslmentioning

confidence: 99%

“…The firm's attitude and response toward its stakeholders, particularly the owners, shareholders, investors, customers, and employees, also play a vital role in the organizational success that ultimately leads to CSL (Berman, Wicks, Kotha, & Jones, 1999;Watson, 2007). Among all others, customer satisfaction is the most important driver of the CSL (Kozak, 2018). Customers' satisfaction serves as the heartbeat; its absence would mean immediate death of the organization, despite the existence of all other elements.…”

Section: Conceptualization Of Cslmentioning

confidence: 99%

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Corporate Sustainable Longevity: Scale Development and Validation

2019

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From the roots of corporate longevity that has been built by previous researchers, this article enhances existing work toward measuring the concept of corporate sustainable longevity (CSL) beyond an average firm's age. By adopting the sequential exploratory mixed method, we performed this study in two phases: qualitative followed by quantitative. In the first phase, we used the Delphi method to verify and validate the thematic elements of the construct and generated a pool of items from the extant literature. In the second phase, we collected the data twice through a survey questionnaire (pilot N = 200 and final N = 271) and validated the scale through exploratory and confirmatory factor analyses. The results generated a five-factor structure of CSL with model fit indices, root mean square error of approximation (RMSEA) = 0.15, goodness-of-fit index (GFI) = 0.917, adjusted goodness-of-fit index (AGFI) = 0.901, normed fit index (NFI) = 0.938, incremental fix index (IFI) = 0.996 with comparative fit index (CFI) = 0.996 with satisfactory discriminant and convergent validities. Cronbach's alpha ranging from 0.89 to 0.90 provided an evidence of internal consistency reliability of the CSL scale. This novel scale fills the gap in the literature by enabling practitioners and researchers in anticipating the firm's ability to survive in the long run. The significance and limitations of the study are discussed in the end.

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Section: Conceptualization Of Cslmentioning

confidence: 99%

Section: Conceptualization Of Cslmentioning

confidence: 99%

Corporate Sustainable Longevity: Scale Development and Validation

2019

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“…These firms provide accounting and financial services to small accounts held by small micro-enterprises. Practically, the rationale for the establishment of micro financial firms is to advance credit to small-scale businesses that would not normally obtain funding from banks (Kozak, 2018).…”

Section: Microfinance Institutionsmentioning

confidence: 99%

Extroversion with the Influence on Macroeconomy and Bank Risk Microloans in the United States

Moncayo¹,

Kasztelnik²

2021

FMIR

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This study addressed the perceived negative individual characteristics that may precipitate failure of small business owners in securing microloans. The purpose of this quantitative, non-experimental, correlational study is to examine how the neuroticism, and extroversion of small business owners relate to their ability to secure microloans for their business needs in the United States. Goldberg’s Big Two Theory provided a framework for the study, which included a quantitative, survey-based correlational design. Research questions focused on the relationship between neuroticism, and extroversion of the Big Two Theory and the ability of small business owners to secure microloans for their business needs. A sample of approximately 177 small business owners in the United States were recruited to complete an online survey assessing their neuroticism, and extroversion and ability to secure microloans. A binary logistic regression analysis was conducted to address the research aims. The findings of this study imply an overall significant effect of neuroticism, and extroversion on small business owners’ ability to secure microloans and the influence on macroeconomy along with bank risk management after controlling for age, gender, and ethnicity. Individually, out of the neuroticism, and extroversion were found to be not significant and correlated with the ability of the participants to obtain business financing. This study will contribute to the existing practice and has the potential for positive social change among small entrepreneurs through evaluation of the theoretical foundations and assumptions underpinning the study objective.

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“…En el primer caso se relacionan con acciones que no dependen de la empresa, pueden ser directos como la competencia e indirectos como las fluctuaciones económicas. Y, en el segundo caso, por elementos internos como, la estructura organizacional, la gestión, innovación y financiamiento (Kozak, 2017).…”

Section: Introductionunclassified

Factores internos y externos en la supervivencia empresarial: un estudio de caso en las empresas comerciales del cantón Quevedo

Monge Garcia,

Bernal Yamuca,

Zamora Mayorga

2024

rgn

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La supervivencia empresarial es importante para el desarrollo económico local y regional, y comprender los factores que afectan esta supervivencia es fundamental para formular políticas y estrategias empresariales efectivas. El presente estudio se centra en analizar los factores internos y externos que influyen en la supervivencia de las empresas comerciales en el cantón Quevedo, provincia de Los Ríos, Ecuador. La metodología consistió en un estudio cualitativo y cuantitativo aplicando encuestas estructuradas, la muestra consistió en una selección de 374 empresas comerciales, las herramientas estadísticas utilizadas fueron el coeficiente de Alfa de Cronbach, Análisis de Componentes Principales y Análisis de Regresión. Los principales resultados en base al macroentorno derivaron en la generación de dos componentes: inseguridad–pandemia y el Gobierno – política, los cuales influyeron inversamente en la supervivencia empresarial; en base al mesoentorno, el componente clientes y proveedores revelan una influencia negativa, y por último, el microentorno en sus componentes planificación y finanzas evidencia una influencia positiva con la permanencia de las empresas del mercado. Se concluye que las empresas que logran gestionar eficazmente los factores internos y externos tienen mayores probabilidades de mantenerse sostenibles a largo plazo en un entorno empresarial dinámico y desafiante.

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Determinants of Business Survivability: Literature Review

Cited by 5 publications

References 11 publications

Corporate Sustainable Longevity: Scale Development and Validation

Corporate Sustainable Longevity: Scale Development and Validation

Extroversion with the Influence on Macroeconomy and Bank Risk Microloans in the United States

Factores internos y externos en la supervivencia empresarial: un estudio de caso en las empresas comerciales del cantón Quevedo

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