TITLE

INFLUENCE OF FEDERAL DISASTER ASSISTANCE ON FAMILY BUSINESS SURVIVAL AND SUCCESS

AUTHOR(S)
Haynes, George W.; Danes, Sharon; Stafford, Kathryn
PUB. DATE
January 2008
SOURCE
USASBE Conference Proceedings;2008, p1
SOURCE TYPE
Conference Paper
DOC. TYPE
Article
ABSTRACT
This study utilizes two nationally representative datasets, SHELDUS and National Family Business Survey Panel, to examine the impact of federal disaster assistance on the survival and success of family businesses from 1996 to 1999. This study suggests firms located in counties receiving more disaster assistance are not more likely to survive or succeed than firms located in counties receiving less disaster assistance. Businesses located in an economically vulnerable rural county, those engaged in family to business resource intermingling and those transferring more business income to the household were more likely to survive. Larger businesses and those headed by women were most likely to succeed. The functional integrity of the owner's family also had a significant influence on changes in revenue. More research is needed that incorporates family and family/business interface variables when investigating family business survival and success.
ACCESSION #
31131579

 

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