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/).
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 -