Small Business Success or Failure Prediction: A Comparative Study in Ghana and Israel

Authors

  • Prince Gyimah University of Education, Winneba, Kumasi-Campus
  • Shaike Marom Hiram College
  • Robert N. Lussier Springfield College

DOI:

https://doi.org/10.33423/jabe.v21i3.2079

Keywords:

Business, Economics, Israel, Ghana, Comparative Study

Abstract

This paper tests the Lussier success versus failure prediction model in Ghana, an emerging country and Israel, a developed country. The logit results of Israel (N = 205; p = 0.000) and Ghana (N = 208; p = 0.000) support the model validity to predict the success or failure of a group of businesses. The accuracy rate of predicting a specific business as successful or failure was greater than 85 percent in both countries, with high R square. Testing the t-values of the individual variables in each country revealed some differences between the two countries; results and implications are presented.

Downloads

Published

2019-07-17

How to Cite

Gyimah, P., Marom, S., & Lussier, R. N. (2019). Small Business Success or Failure Prediction: A Comparative Study in Ghana and Israel. Journal of Applied Business and Economics, 21(3). https://doi.org/10.33423/jabe.v21i3.2079

Issue

Section

Articles