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The Analysis of Financial Factors and efficiency that influence on the Venture Business' Survival  

Song, Sung-Hwan (한국한의학연구원)
Gwon, Seong-Hoon (성균관대학교 기술경영학과)
Hong, Soon-Ki (성균관대학교 시스템경영공학과)
Yoo, Kyung-Jin (성균관대학교 기술경영학과)
Bae, Young-Im (성균관대학교 산업공학과)
Publication Information
Korean Management Science Review / v.27, no.1, 2010 , pp. 107-116 More about this Journal
Abstract
There are several stage in corporate's life cycle such as foundation, growth, maturity or bankruptcy. A bankruptcy is very important for corporate in the life cycle. Especially, venture business' life cycle is short compare to other type of corporate. A lot of venture businesses have emerged and bankrupted soon in the market. Venture businesses' survival or bankruptcy have been influenced by not only external environment like the rate of exchange, oil price, and foreign exchange crisis but also internal environment such as efficiency, process, human resources, finance and CEO. In this paper, we attempt to examine financial factors and efficiency that influence on the venture businesses' survival and bankruptcy. The more venture businesses have high efficiency score, the more they have high probability of survival.
Keywords
Venture Business; Bankruptcy; Financial Factors; Efficiency; DEA;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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