The structural and economic profiles of enterprises with greater longevity

Abstract

In this paper, after dividing the companies of the FRAME SBS into long- lived and non-long-lived companies and having described their characteristics, the probability of survival of the companies over time is estimated as the structural and economic conditions change. In particular, the COX semiparametric regression model is used to compare the probabilities of survival and identify the profile of long-lived and non-long-lived companies.