Brinca, PedroJoão Mário De Almeida Caetano2024-01-262024-01-262023-01-192023-01-19http://hdl.handle.net/10362/162776Micro, small and medium enterprises correspond to 99.9% of non-financial firms in Portugal. These ventures suffer severely from internal and external factors that difficult their maintenance in the market. Matching data from Orbis and Quadros de Pessoal, the current paper studies how financial and non-financial dimensions contribute to the success of a business. Following a logistic regression approach, the designed prediction model precisely forecasts 95.65% and 77.61% of companies failing within one and five years after inception, respectively. It is also able to describe 72.14% of successful firms. The results uncover important insights for different stakeholders in the economy.engSmesPrediction modelNon-financial determinantsLogistic regressionWhy businesses Ssucceed: financial and non-financial determinantsmaster thesis203314689