Annals of Business Administrative Science
Online ISSN : 1347-4456
Print ISSN : 1347-4464
Checking Firms' Life Spans Expected 30 Years Ago
Nobuo TAKAHASHI
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Volume 16 (2017) Issue 6 Pages 257-263

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Abstract

Thirty years ago, in 1987, a questionnaire that asked the question, “The average lifespan of a company is said to be 30 years. What do you think the probability is that your company will have survived after 30 years?” was sent as part of a white-collar survey of 11 large Japanese firms. Responses were received from 575 people, and the average “probability” was 72%. Thirty years later, in 2017, two companies that employed 127 of those 575 people did not survive. This makes a survival rate of 78%.

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ABAS is supported by Grant-in-Aid for Publication of Scientific Research Results from the Japan Society for the Promotion of Science.

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