Financial Constraints, Global Engagement, and Firm Survival in the UK: Evidence from Micro Data

Financial constraints have been found to play an important role on various aspects of firmbehavior. Yet, their effects on firm survival have been largely neglected. We use a panel of9420 newly established UK firms over the period 1997-2002 to study the effects offinancial variables on firms´ failure probabilities, differentiating firms into globallyengaged and purely domestic. Estimating a wide range of specifications...

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Authors:	Bridges, Sarah ; Guariglia, Alessandra
Institutions:	Leverhulme Centre for Research on Globalisation and Economic Policy <Nottingham>
Subject:	Finanzierung \| finance \| Multinationales Unternehmen \| Existenzkampf \| Firma \| Studie

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Extent:	110592 bytes 26 p. application/pdf
Series:	Leverhulme Centre for Research on Globalisation and Economic Policy - Nottingham - GEP Research Papers Research Paper Series : Globalization, Productivity and Technology ; 34/2006
Type of publication:	Book / Working Paper
Language:	English
Classification:	D21 - Firm Behavior ; F14 - Country and Industry Studies of Trade ; F23 - Multinational Firms; International Business ; G33 - Bankruptcy; Liquidation ; Multinational corporation ; Corporate finance and investment policy. Other aspects ; Individual Working Papers, Preprints ; United Kingdom
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005861080