Abstract
The purpose of present study is to establish a significant impact of resolving insolvency factors and economic factors on entrepreneurial activity of limited liability companies in Asian region with special reference to India in a probabilistic manner. The study is of empirical in nature uses secondary source of data obtained from the World Bank Reports for a period of 10 years from 2010 to 2019. A representative sample of five countries namely India, Singapore, Japan, Turkey, and Uzbekistan are drawn from the Asian region for study purpose. The study addresses three main research questions: 1) Whether resolving insolvency factors have significant impact on entrepreneurial activity?, 2) Whether economic factors have significant impact on entrepreneurial activity? And 3) Whether both resolving insolvency factors and economic factors have significant impact on entrepreneurial activity? A Tri- Factor Model will be used for this purpose. The entrepreneurial activity will be measured in terms of total business density, new business density, and closed business density. Both descriptive statistical measures such as mean, median and standard deviation; and inferential statistical measures such as multiple correlation and regression models will be used for data analysis with the help of Eviews software. The Akaike information criterion (AIC) and adjusted R2 will be used for testing the relative quality of each model. Although the study is limited for a select region and for a limited period, it is expected to enhance the entrepreneurial activity led by resolving insolvency factors in Asian region and India.
Presenters
N. V. V. Satyanarayana PuchakayalaStudent, Doctoral Scholar (Full Time), Bharathiar School of Management and Entrepreneur Development, Bharathiar University , Tamil Nadu, India Ramanujam Veluchamy
Associate Professor, Bharathiar School of Management and Entrepreneur Development, Bharathiar University, Tamil Nadu, India
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
EMPIRICAL, RESOLVING INSOLVENCY FACTORS, ECONOMIC FACTORS, ENTREPRENEURIAL ACTIVITY, INFERENTIAL STATISTICS
