Evgeny Kuzmin

Empirical Estimator of Corporate Survival Rate in Russia Evgeny Kuzmin

The paper presents data on the corporate survival rate in Russia in 1991-2014. The research method rests on crossjoining of various formal periods in the corporate life cycle (legal; financial and economic). This makes it possible to refer to the conditionally active corporate life cycle with a number of assumptions. There is a branch-wise grouping of findings (types of business authorised according to OKVED classifier rev.2) and their summary on a single database to review the corporate life cycle, survival rate and identify dependencies between differences in calculation measurements. The research aims at filling in the fact-based gap available in various fundamental studies and official statistics on the corporate life cycle in Russia. The data are of interest for an analysis of the entrepreneurial activity in Russia. With them, it will be possible to evaluate an availability of institutions and facilities, assess a market development level and incorporation risks in the existing business environment. It will be reasonable to use findings in risk measurements related to business in Russia for a period of record by branch and region (data are not included herein), as well as in calculations to identify whether business conditions are favourable.