Proceedings of the 2020 3rd International Conference on Humanities Education and Social Sciences (ICHESS 2020)

Social Network, Business Risk and Company Failure

Authors
Wen Zhao, Huihui Zhao
Corresponding Author
Wen Zhao
Available Online 16 December 2020.
DOI
10.2991/assehr.k.201214.529How to use a DOI?
Keywords
Social network, centrality, business risk, comapny failure
Abstract

This paper uses the unbalanced panel data of SMEs from 2010 to 2019, combined with the fixed effects model, uses top ten shareholders of the company to measure the centrality of the social network, and empirically analyzes the role of SMEs’ business risk on company failure, and the moderating role of social networks.The results show that: (1) Business risk is positively related to business failure; (2) Social network centrality negatively regulates the relationship between business risk and company failure.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2020 3rd International Conference on Humanities Education and Social Sciences (ICHESS 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
16 December 2020
ISBN
978-94-6239-301-1
ISSN
2352-5398
DOI
10.2991/assehr.k.201214.529How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Wen Zhao
AU  - Huihui Zhao
PY  - 2020
DA  - 2020/12/16
TI  - Social Network, Business Risk and Company Failure
BT  - Proceedings of the 2020 3rd International Conference on Humanities Education and Social Sciences (ICHESS 2020)
PB  - Atlantis Press
SP  - 392
EP  - 395
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201214.529
DO  - 10.2991/assehr.k.201214.529
ID  - Zhao2020
ER  -