Impact of Consumer Awareness and Behavior on Business Exits in the Hospitality, Tourism, Entertainment, and Culture Industries under the COVID-19 Pandemic

Impact of Consumer Awareness and Behavior on Business Exits in the Hospitality, Tourism, Entertainment, and Culture Industries under the COVID-19 Pandemic

Empirical studies on small business survival and exits focus on endogenous firms and top manager characteristics, whereas few studies consider exogenous demand shocks and local consumer awareness and behavior, which are especially important for local hospitality industries. Therefore, this study add...

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Bibliographic Details
Main Authors: Hiroyuki Okamuro, Yasushi Hara, Yunosuke Iwaki
Format: Article
Language:English
Published: MDPI AG 2022-11-01
Series:Administrative Sciences
Subjects:
business exit
demand shock
COVID-19
consumer awareness
service industry
Online Access:https://www.mdpi.com/2076-3387/12/4/169

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https://www.mdpi.com/2076-3387/12/4/169

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