{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2024,9,7]],"date-time":"2024-09-07T18:28:19Z","timestamp":1725733699419},"reference-count":48,"publisher":"Emerald","issue":"6","license":[{"start":{"date-parts":[[2018,8,29]],"date-time":"2018-08-29T00:00:00Z","timestamp":1535500800000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.emerald.com\/insight\/site-policies"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["OIR"],"published-print":{"date-parts":[[2018,9,13]]},"abstract":"\nPurpose<\/jats:title>\nThe purpose of this paper is to analyze to what extent changes in corporate websites reflect firms\u2019 survival. Since keeping a website online involves some costs, it is likely that firms would invest resources on it only when they are active and healthy. Therefore, when a firm dies, this event is likely to be manifested on its website as lacking updates or being down.<\/jats:p>\n<\/jats:sec>\n\nDesign\/methodology\/approach<\/jats:title>\nChanges in the corporate websites of a panel of Spanish firms were tracked between 2008 and 2014 in order to evaluate the approach. The status of websites, classified according to the type of change undergone, was used to infer firms\u2019 activity status (active or inactive). Multi-period logistic regressions and a duration model were applied to study the relationship among the website status and the firm\u2019s status.<\/jats:p>\n<\/jats:sec>\n\nFindings<\/jats:title>\nResults showed that changes in website contents clearly reflect the firm\u2019s status. Active firms were mainly associated with updated corporate websites, while inactive firms were more associated with down websites. In fact, results confirmed that the firms\u2019 death hazard increases when the website activity lowers.<\/jats:p>\n<\/jats:sec>\n\nOriginality\/value<\/jats:title>\nAlthough online information is increasingly being used to monitor the economy, this is the first study to connect online data to firms\u2019 survival. The results revealed a new source of information about business demography and evidenced corporate websites as a fresh source of high granularity business data.<\/jats:p>\n<\/jats:sec>","DOI":"10.1108\/oir-11-2016-0321","type":"journal-article","created":{"date-parts":[[2018,8,29]],"date-time":"2018-08-29T13:48:31Z","timestamp":1535550511000},"page":"956-970","source":"Crossref","is-referenced-by-count":11,"title":["Do corporate websites\u2019 changes reflect firms\u2019 survival?"],"prefix":"10.1108","volume":"42","author":[{"given":"Desamparados","family":"Blazquez","sequence":"first","affiliation":[]},{"given":"Josep","family":"Domenech","sequence":"additional","affiliation":[]},{"given":"Ana","family":"Deb\u00f3n","sequence":"additional","affiliation":[]}],"member":"140","published-online":{"date-parts":[[2018,8,29]]},"reference":[{"issue":"1","key":"key2021041509450657200_ref001","doi-asserted-by":"publisher","first-page":"21","DOI":"10.1111\/1467-6451.00136","article-title":"Does entry size matter? The impact of the life cycle and technology on firm survival","volume":"49","year":"2001","journal-title":"Journal of Industrial Economics"},{"issue":"2","key":"key2021041509450657200_ref002","doi-asserted-by":"publisher","first-page":"83","DOI":"10.1002\/bse.638","article-title":"Environmental strategies and green product development: an overview on sustainability-driven companies","volume":"18","year":"2009","journal-title":"Business Strategy and the Environment"},{"key":"key2021041509450657200_ref003","volume-title":"Statistics for Business & Economics","year":"2014","edition":"12th ed."},{"issue":"8","key":"key2021041509450657200_ref004","doi-asserted-by":"publisher","first-page":"1904","DOI":"10.1002\/asi.23503","article-title":"Using the wayback machine to mine websites in the social sciences: a methodological resource","volume":"67","year":"2016","journal-title":"Journal of the Association for Information Science and Technology"},{"issue":"3","key":"key2021041509450657200_ref005","doi-asserted-by":"publisher","first-page":"1189","DOI":"10.1007\/s11192-013-0950-7","article-title":"Entry strategies in an emerging technology: a pilot web-based study of graphene firms","volume":"95","year":"2013","journal-title":"Scientometrics"},{"issue":"1","key":"key2021041509450657200_ref006","doi-asserted-by":"publisher","first-page":"1","DOI":"10.1111\/j.1740-4762.2011.01024.x","article-title":"More than a dummy: the probability of failure, survival and acquisition of firms in financial distress","volume":"9","year":"2012","journal-title":"European Management Review"},{"issue":"3","key":"key2021041509450657200_ref007","doi-asserted-by":"publisher","first-page":"441","DOI":"10.2307\/2109568","article-title":"New-firm survival and the technological regime","volume":"73","year":"1991","journal-title":"The Review of Economics and Statistics"},{"issue":"1","key":"key2021041509450657200_ref008","doi-asserted-by":"publisher","first-page":"1","DOI":"10.1023\/A:1007824501527","article-title":"Firm survival in the Netherlands","volume":"16","year":"2000","journal-title":"Review of Industrial Organization"},{"issue":"4","key":"key2021041509450657200_ref009","doi-asserted-by":"publisher","first-page":"548","DOI":"10.1080\/00343404.2015.1114175","article-title":"Do agglomeration externalities affect firm survival?","volume":"51","year":"2017","journal-title":"Regional Studies"},{"issue":"7","key":"key2021041509450657200_ref010","doi-asserted-by":"publisher","first-page":"509","DOI":"10.1080\/13504851.2013.872752","article-title":"Inferring export orientation from corporate websites","volume":"21","year":"2014","journal-title":"Applied Economics Letters"},{"issue":"2","key":"key2021041509450657200_ref011","doi-asserted-by":"publisher","first-page":"406","DOI":"10.3846\/20294913.2016.1213193","article-title":"Web data mining for monitoring business export orientation","volume":"24","year":"2018","journal-title":"Technological and Economic Development of Economy"},{"issue":"4","key":"key2021041509450657200_ref012","doi-asserted-by":"publisher","first-page":"444","DOI":"10.1111\/j.1467-9485.2008.00461.x","article-title":"Financial constraints, global engagement, and firm survival in the United Kingdom: evidence from micro data","volume":"55","year":"2008","journal-title":"Scottish Journal of Political Economy"},{"key":"key2021041509450657200_ref013","article-title":"SABI: Sistema de an\u00e1lisis de balances ib\u00e9ricos","author":"Bureau van Dijk","year":"2010"},{"issue":"6","key":"key2021041509450657200_ref014","doi-asserted-by":"publisher","first-page":"1167","DOI":"10.1093\/icc\/dth081","article-title":"A matter of life and death: innovation and firm survival","volume":"14","year":"2005","journal-title":"Industrial and Corporate Change"},{"key":"key2021041509450657200_ref015","volume-title":"Applied Multiple Regression\/Correlation Analysis for the Behavioral Sciences","year":"2002","edition":"3rd ed."},{"issue":"8-9","key":"key2021041509450657200_ref016","doi-asserted-by":"publisher","first-page":"276","DOI":"10.1016\/j.technovation.2013.02.003","article-title":"Untangling the relationships among growth, profitability and survival in new firms","volume":"33","year":"2013","journal-title":"Technovation"},{"key":"key2021041509450657200_ref017","unstructured":"DGIPYME (2017), \u201cEstad\u00edsticas PYME: Evoluci\u00f3n e indicadores\u201d, available at: www.ipyme.org\/Publicaciones\/Estadisticas-PYME-2016.pdf (accessed March 30, 2017)."},{"key":"key2021041509450657200_ref018","first-page":"573","article-title":"An intelligent system for retrieving economic information from corporate websites","year":"2012"},{"issue":"3","key":"key2021041509450657200_ref019","doi-asserted-by":"publisher","first-page":"231","DOI":"10.1007\/s11187-006-9011-4","article-title":"The resource-based theory of the firm and firm survival","volume":"30","year":"2008","journal-title":"Small Business Economics"},{"key":"key2021041509450657200_ref020","unstructured":"Eurostat (2008), \u201cNACE Rev. 2 statistical classification of economic activities in the European communities\u201d, EUROSTAT Methodologies and working papers, Office for Official Publications of the European Communities."},{"key":"key2021041509450657200_ref021","volume-title":"High-tech Aggregation by NACE Rev. 2. Eurostat Indicators of High-tech Industry and Knowledge\u2013Intensive Services","author":"Eurostat","year":"2014"},{"key":"key2021041509450657200_ref022","volume-title":"Eurostat-OECD Manual on Business Demography Statistics","author":"Eurostat and OECD","year":"2007"},{"issue":"4","key":"key2021041509450657200_ref023","doi-asserted-by":"crossref","first-page":"657","DOI":"10.1086\/261480","article-title":"Tests of alternative theories of firm growth","volume":"95","year":"1987","journal-title":"Journal of Political Economy"},{"issue":"5","key":"key2021041509450657200_ref024","doi-asserted-by":"publisher","first-page":"596","DOI":"10.1108\/14684520810913990","article-title":"Voluntary and compulsory information disclosed online. the effect of industry concentration and other explanatory factors","volume":"32","year":"2008","journal-title":"Online Information Review"},{"key":"key2021041509450657200_ref025","doi-asserted-by":"publisher","first-page":"428","DOI":"10.1016\/j.tourman.2015.12.012","article-title":"Survival analysis of the Spanish hotel industry","volume":"54","year":"2016","journal-title":"Tourism Management"},{"issue":"4","key":"key2021041509450657200_ref026","doi-asserted-by":"publisher","first-page":"421","DOI":"10.1016\/0167-7187(95)00498-X","article-title":"What do we know about entry?","volume":"13","year":"1995","journal-title":"International Journal of Industrial Organization"},{"issue":"5","key":"key2021041509450657200_ref027","doi-asserted-by":"publisher","first-page":"510","DOI":"10.1002\/smj.823","article-title":"Founding conditions and the survival of new firms","volume":"31","year":"2010","journal-title":"Strategic Management Journal"},{"issue":"12","key":"key2021041509450657200_ref028","doi-asserted-by":"publisher","first-page":"1511","DOI":"10.1080\/00036840802600566","article-title":"Size, innovation and internationalization: a survival analysis of Italian firms","volume":"43","year":"2011","journal-title":"Applied Economics"},{"issue":"1","key":"key2021041509450657200_ref029","doi-asserted-by":"publisher","first-page":"653","DOI":"10.1007\/s11192-014-1434-0","article-title":"Use of web mining in studying innovation","volume":"102","year":"2015","journal-title":"Scientometrics"},{"issue":"323","key":"key2021041509450657200_ref030","doi-asserted-by":"publisher","first-page":"419","DOI":"10.1111\/ecca.12080","article-title":"Financial health, exports and firm survival: evidence from UK and French firms","volume":"81","year":"2014","journal-title":"Economica"},{"issue":"4","key":"key2021041509450657200_ref031","doi-asserted-by":"publisher","first-page":"576","DOI":"10.1111\/obes.12120","article-title":"To what extent does the interest burden affect firm survival? Evidence from a panel of UK firms during the recent financial crisis","volume":"78","year":"2016","journal-title":"Oxford Bulletin of Economics and Statistics"},{"key":"key2021041509450657200_ref032","unstructured":"INE (2016), \u201cEncuesta de uso de TIC y Comercio Electr\u00f3nico en las empresas 2015\u20132016\u201d, available at: http:\/\/ine.es\/dynt3\/inebase\/?path=\/t09\/e02\/a2015-2016 (accessed October 10, 2016)."},{"issue":"4","key":"key2021041509450657200_ref033","doi-asserted-by":"publisher","first-page":"1315","DOI":"10.3982\/ECTA12148","article-title":"Trade credit and the propagation of corporate failure: an empirical analysis","volume":"83","year":"2015","journal-title":"Econometrica"},{"issue":"1","key":"key2021041509450657200_ref034","doi-asserted-by":"publisher","first-page":"129","DOI":"10.1111\/j.1468-0084.1995.tb00031.x","article-title":"Easy estimation methods for discrete-time duration models","volume":"57","year":"1995","journal-title":"Oxford Bulletin of Economics and Statistics"},{"key":"key2021041509450657200_ref035","unstructured":"Kahle, B. and Gilliat, B. (2016), \u201cWayback machine\u201d, available at: http:\/\/archive.org\/web\/ (accessed March 25, 2016)."},{"key":"key2021041509450657200_ref036","volume-title":"The Econometric Analysis of Transition Data","year":"1990"},{"key":"key2021041509450657200_ref037","doi-asserted-by":"publisher","article-title":"Using web mining to explore triple helix influences on growth in small and mid-size firms","year":"2016","journal-title":"Technovation","DOI":"10.1016\/j.technovation.2016.01.002"},{"issue":"3","key":"key2021041509450657200_ref038","doi-asserted-by":"publisher","first-page":"371","DOI":"10.1093\/icc\/dtq039","article-title":"A taxonomy of small firm technology commercialization","volume":"25","year":"2010","journal-title":"Industrial and Corporate Change"},{"issue":"1","key":"key2021041509450657200_ref039","doi-asserted-by":"publisher","first-page":"1","DOI":"10.1007\/s10663-007-9048-x","article-title":"Firm survival: methods and evidence","volume":"35","year":"2008","journal-title":"Empirica"},{"issue":"3","key":"key2021041509450657200_ref040","doi-asserted-by":"publisher","first-page":"227","DOI":"10.2307\/2950567","article-title":"Life duration of new firms","volume":"42","year":"1994","journal-title":"The Journal of Industrial Economics"},{"issue":"1","key":"key2021041509450657200_ref041","doi-asserted-by":"publisher","first-page":"66","DOI":"10.1057\/palgrave.ejis.3000656","article-title":"External web content and its influence on organizational performance","volume":"16","year":"2007","journal-title":"European Journal of Information Systems"},{"key":"key2021041509450657200_ref042","volume-title":"Automated Data Collection with R: A Practical Guide to Web Scraping and Text Mining","year":"2015"},{"issue":"3","key":"key2021041509450657200_ref043","doi-asserted-by":"publisher","first-page":"346","DOI":"10.1177\/0007650305275748","article-title":"Web sites and corporate culture: a research note","volume":"44","year":"2005","journal-title":"Business & Society"},{"issue":"6","key":"key2021041509450657200_ref044","doi-asserted-by":"publisher","first-page":"352","DOI":"10.1002\/csr.194","article-title":"What explains the extent and content of social and environmental disclosures on corporate websites: a study of social and environmental reporting in Swedish listed corporations","volume":"16","year":"2009","journal-title":"Corporate Social Responsibility and Environmental Management"},{"issue":"2","key":"key2021041509450657200_ref045","doi-asserted-by":"publisher","first-page":"205","DOI":"10.1177\/2329488414525443","article-title":"Corporate social responsibility communication through corporate websites: a comparison of leading corporations in the United States and China","volume":"52","year":"2015","journal-title":"International Journal of Business Communication"},{"issue":"7","key":"key2021041509450657200_ref046","doi-asserted-by":"publisher","first-page":"1736","DOI":"10.1016\/j.jbankfin.2010.12.008","article-title":"Firm survival and financial development: evidence from a panel of emerging asian economies","volume":"35","year":"2011","journal-title":"Journal of Banking & Finance"},{"issue":"4","key":"key2021041509450657200_ref047","doi-asserted-by":"publisher","first-page":"562","DOI":"10.1108\/OIR-08-2013-0190","article-title":"Discovering business information from search engine query data","volume":"38","year":"2014","journal-title":"Online Information Review"},{"issue":"10","key":"key2021041509450657200_ref048","doi-asserted-by":"publisher","first-page":"981","DOI":"10.1080\/09537325.2012.724163","article-title":"Pathways from discovery to commercialisation: using web sources to track small and medium-sized enterprise strategies in emerging nanotechnologies","volume":"24","year":"2012","journal-title":"Technology Analysis & Strategic Management"}],"container-title":["Online Information Review"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/OIR-11-2016-0321\/full\/xml","content-type":"application\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/OIR-11-2016-0321\/full\/html","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2021,4,17]],"date-time":"2021-04-17T13:48:27Z","timestamp":1618667307000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/OIR-11-2016-0321\/full\/html"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2018,8,29]]},"references-count":48,"journal-issue":{"issue":"6","published-online":{"date-parts":[[2018,8,29]]},"published-print":{"date-parts":[[2018,9,13]]}},"alternative-id":["10.1108\/OIR-11-2016-0321"],"URL":"https:\/\/doi.org\/10.1108\/oir-11-2016-0321","relation":{},"ISSN":["1468-4527"],"issn-type":[{"value":"1468-4527","type":"print"}],"subject":[],"published":{"date-parts":[[2018,8,29]]}}}
