engleski

Impact of Age and Activities of the Companies on Bankrutpcy: Empirical Reserch in Croatia

Private business in the Republic of Croatia developed during state formation in the 1990s. Some companies have successfully stepped into the future, although many have proved unable to survive the open global market. The goal was to determine the state in Croatia relative to Small Business Administration (SBA) research, which states that new businesses most often have difficulties during their first 2 years such that 50% of companies are liquidated within their 5 five years. Unlike research in other areas of the world, less than 20% of companies in Croatia end in bankruptcy within first five years of business.

business failures ; bankruptcy ; economic causes ; inefficient management ;

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