Factors affecting micro and small business distress in Austria

Mario Situm

International Journal of Entrepreneurial Venturing, 2023, vol. 15, issue 1, 19-62

Abstract: This study analysed the probability of distress of micro and small enterprises in Austria on the basis of financial statement figures, data describing the sector of a company, and the regional and economic situation of the company's location using the resource-based view on a theoretical basis. Results showed that relevant indicators for explaining the distress of micro and small enterprises are the size of the company, key figures from financial statement analysis, the location of the company, affiliation with other companies, and the inflation and unemployment rates of the national economy. The results mostly remain robust even after analysing micro and small enterprises separately.

Keywords: distress; micro and small businesses; resource-based view; network-based view. (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=129277 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeven:v:15:y:2023:i:1:p:19-62

Access Statistics for this article

More articles in International Journal of Entrepreneurial Venturing from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().