Open AccessResearch on the influence of social network on risk control of New Ventures
Author(s) -
Chao Xiong,
Yanan Xue,
Zhou Ruyi
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1802/3/032141
Subject(s) - social network (sociolinguistics) , business , control (management) , test (biology) , china , survey data collection , risk control , marketing , risk management , finance , computer science , economics , management , political science , social media , paleontology , statistics , mathematics , biology , world wide web , law
We have witnessed many firms use social network to facilitate their business transactions. In this study we discuss the impact of social network on new ventures’ risk control. We test our hypotheses with survey data collected from 3149 from a questionnaire survey about private businesses in China. Our results show that social network is the protective umbrella to prevent risk during their growth.