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A Study of Small Business Failure: Smith & Griggs of Waterbury

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  • Marburg, Theodore F.

Abstract

Historians have recorded some of the more spectacular failures in American business, but the subject of business failure in itself has not been intensively studied. To lay the groundwork for such a study, the experience of individual firms should be examined in detail and attention should be directed to small as well as large business units. The history of Smith & Griggs provides an example of “discontinuance†which came about not as a result of a single catastrophic event but by a process of long-time attrition involving every phase of the company's operations.

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  • Marburg, Theodore F., 1954. "A Study of Small Business Failure: Smith & Griggs of Waterbury," Business History Review, Cambridge University Press, vol. 28(4), pages 366-384, December.
    • Handle: RePEc:cup:buhirw:v:28:y:1954:i:04:p:366-384_02
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    Cited by:

    1. Fernando Zambrano Farias & María del Carmen Valls Martínez & Pedro Antonio Martín-Cervantes, 2021. "Explanatory Factors of Business Failure: Literature Review and Global Trends," Sustainability, MDPI, vol. 13(18), pages 1-26, September.

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