The Effect of Cash Flow Problems and Resource Intermingling on Small Business Recovery and Resilience After a Natural Disaster

Renee D. Wiatt (), Yoon G. Lee (), Maria Marshall and Virginia S. Zuiker ()
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Renee D. Wiatt: Purdue University
Yoon G. Lee: Utah State University
Virginia S. Zuiker: University of Minnesota

Journal of Family and Economic Issues, 2021, vol. 42, issue 1, No 13, 203-214

Abstract: Abstract This study investigated the implications that cash flow problems and resource intermingling between the family and the business had on small business recovery and resilience after a natural disaster. This study contributed to the literature by studying the impact of cash flow problems and resource intermingling on small businesses in two separate periods: right after the natural disaster (period 1) and eight years after the disaster (period 2). Period 1 determined whether the business was in operation directly following Hurricane Katrina. Period 2 investigated success of the small business after Katrina (compared to pre-Katrina success). Results showed that cash flow problems and resource intermingling did not affect operational status directly following Katrina, but did play a role in business resilience in the long run.

Keywords: Bootstrapping and resource; Cash flow problems; Intermingling; Natural disaster; Recovery and resilience; Small businesses (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s10834-020-09710-y

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