التفاصيل البيبلوغرافية
| العنوان: |
Combined analysis of factors of business failure in the Spanish tourism sector ; Análisis combinado de factores del fracaso empresarial en el sector turístico español |
| المؤلفون: |
Mendaña-Cuervo, Cristina, Remo-Diez, Nieves, Toral-Heredia, Marta |
| المصدر: |
Revista de Estudios Empresariales. Second Era; Número 2/2024, Época 2; e8273 ; Revista de Estudios Empresariales. Segunda Época; Número 2/2024, Época 2; e8273 ; 1988-9046 ; 10.17561/ree.n2.2024 |
| بيانات النشر: |
Universidad de Jaén. Servicio de Publicaciones |
| سنة النشر: |
2024 |
| المجموعة: |
Revistas Científicas de la Universidad de Jaén |
| مصطلحات موضوعية: |
business failure, tourism sector, fsQCA, financial ratios, fracaso empresarial, sector turístico, ratios financieros |
| الوصف: |
There is no consensus in the literature on the determinants of business failure, given the complexity and dynamic interaction between them. This paper focuses on the financial failures of the Spanish tourism sector in 2022, as it is one of the most affected by the paralysis of economic activity as a consequence of Covid-19. Using the SABI database, we applied a fuzzy set Qualitative Comparative Analysis (fsQCA) focused on the variables traditionally considered by the literature. We find that several combinations of financial attributes lead to the failure of Spanish tourism firms, none of them individually being sufficient, but depending on the interaction of other attributes, which reveals complex antecedent conditions for the explanation of the phenomenon. Specifically, we find that the combined effect of high indebtedness and low levels of profitability, activity and solvency are sufficient conditions to lead to failure in Spanish tourism companies. Additionally, when we consider the size of the entities, we find a substitution effect between a low level of turnover and low liquidity. The identification of the combination of financial ratios that warn of problems of continuity in companies in the tourism sector is of great relevance for Spanish economic development, researchers and managers in the sector. ; El fracaso empresarial en la literatura no presenta consenso acerca de cuáles son sus factores determinantes, dada la complejidad e interacción dinámica entre ellos. Este trabajo se centra en las quiebras financieras del sector turístico español en el año 2022, por ser uno de los más afectados por la paralización de la actividad económica consecuencia del Covid-19. A partir de la base de datos SABI aplicamos un análisis comparativo cualitativo de conjuntos difusos (fuzzy set Qualitative Comparative Analysis, fsQCA) centrado en las variables tradicionalmente consideradas por la literatura. Descubrimos que varias combinaciones de atributos financieros conducen al fracaso de las empresas turísticas españolas ... |
| نوع الوثيقة: |
article in journal/newspaper |
| وصف الملف: |
application/pdf; text/html; text/xml; application/epub+zip |
| اللغة: |
Spanish; Castilian |
| Relation: |
https://revistaselectronicas.ujaen.es/index.php/REE/article/view/8273/8538; https://revistaselectronicas.ujaen.es/index.php/REE/article/view/8273/8539; https://revistaselectronicas.ujaen.es/index.php/REE/article/view/8273/8540; https://revistaselectronicas.ujaen.es/index.php/REE/article/view/8273/8541; https://revistaselectronicas.ujaen.es/index.php/REE/article/view/8273 |
| الاتاحة: |
https://revistaselectronicas.ujaen.es/index.php/REE/article/view/8273 |
| Rights: |
Derechos de autor 2024 Cristina Mendaña-Cuervo, Nieves Remo-Diez, Marta Toral-Heredia ; https://creativecommons.org/licenses/by/4.0 |
| رقم الانضمام: |
edsbas.63D920E6 |
| قاعدة البيانات: |
BASE |