Small Business Success or Failure Prediction: A Comparative Study in Ghana and Israel

Autor: Robert N. Lussier, Prince Gyimah, Shaike Marom
Rok vydání: 2019
Předmět:
Zdroj: Journal of Applied Business and Economics. 21
ISSN: 1499-691X
DOI: 10.33423/jabe.v21i3.2079
Popis: This paper tests the Lussier success versus failure prediction model in Ghana, an emerging country and Israel, a developed country. The logit results of Israel (N = 205; p = 0.000) and Ghana (N = 208; p = 0.000) support the model validity to predict the success or failure of a group of businesses. The accuracy rate of predicting a specific business as successful or failure was greater than 85 percent in both countries, with high R square. Testing the t-values of the individual variables in each country revealed some differences between the two countries; results and implications are presented.
Databáze: OpenAIRE