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Sheraton Uptown, Albuquerque, NM, USA
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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
CR

Cynthia R. Jasper

Professor, University of Wisconsin-Madison
YL

Yoon Lee

Associate Professor, Utah State University
DM

Diane Masuo

Associate Professor, University of Hawaii at Manoa
VZ

Virginia Zuiker

Associate Professor, University of Minnesota


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

Attendees (2)