Sheraton Uptown, Albuquerque, NM, USA
Saturday, April 22 • 8:00am - 9:00am
112-Financial Intermingling and Predicting Business Sustainability after a Natural Disaster

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Using data from the 2013 Small Business Survival and Demise after a Natural Disaster Project (SBSD), this study investigated factors predicting business sustainability after a natural disaster (Hurricane Katrina). In particular, this study focused on whether financial intermingling of resources influences survival of a family firm after a disaster. The results of the logit model indicate that dipping into household savings was negatively associated with business survival. In addition, physical damage had a statistically significant effect on business survival. The logit results also show that pre-disaster revenue and being in the service industry increased the likelihood that businesses would be operating 8 years after Hurricane Katrina. This study concludes that financial intermingling and physical damage are significant predictors of business survival after a disaster.

Speakers & Presenters

Cynthia R. Jasper

Professor, University of Wisconsin-Madison

Yoon Lee

Professor, Utah State University

Diane Masuo

Associate Professor, University of Hawaii at Manoa

Virginia Zuiker

Associate Professor, University of Minnesota

Saturday April 22, 2017 8:00am - 9:00am

Attendees (2)