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Purpose of the paper: To test whether the qualitative variables regarding the territory and/or the firm-territory relationship can improve the accuracy rates of small enterprise business failure prediction models.Methodology: We applied logistic regression to a sample of 736 Italian small...
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Italy, show that both discriminant analysis and logistic regression are effective tools for designing SEs' default …
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. In Italy, SEs account for more than 98% of all firms and employ over 70% of the total workforce. The results of our … statistical analyses, conducted on a sample of small manufacturing firms in Northern and Central Italy, show that both …
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