African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4193

Full Length Research Paper

The survival conditions of SMEs in Guangdong Province of China: An empirical research under the global economic crisis

Yu Cao and Jian-bai Huang*
School of Business, Central South University, 932 Southern Lushan Road, 410083 Changsha, P. R. China.
Email: [email protected]

  •  Accepted: 10 October 2011
  •  Published: 11 January 2012

Abstract

This study makes a detailed analysis of the survival conditions of small and medium enterprises (SMEs), based on a sample of 403778 domestic and 28446 foreign owned new-registered SMEs founded during the period from 2000 to 2009 in Guangdong province of China. By adopting the accelerated failure time model, this study confirms that various disadvantage factors emerging in 2008, especially the global economic crisis, indeed have an impact on the SMEs’ survival prospect of Guangdong province in China.

 

Key words: Small and medium enterprises (SMEs), survival condition, accelerated failure time model, global economic crisis, emerging economy.

Copyright © 2024 Author(s) retain the copyright of this article.

This article is published under the terms of the Creative Commons Attribution License 4.0

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