145656 20260410135823.0 doi 10.1007/s11187-024-00971-7 sideral 140548 ART-2025-140548 eng Serrano Magdalena, Adriana Universidad de Zaragoza (orcid)0009-0001-3533-7004 Financial performance of new circular economy companies in rural settings 2025 Access copy available to the general public Unrestricted This study examines how rural conditions affect the establishment and performance of new circular economy (CE) companies—those that reduce, reuse, recycle, and recover materials in their processes—focusing on their longevity, financial performance, and distribution of economic value to stakeholders. We hypothesize that while rural conditions generally lead to fewer business establishments, the liability of rurality is less severe for CE companies than for others. We also anticipate that new CE companies will grow more slowly but achieve better performance, resulting in higher survival rates compared to those in other sectors. Our empirical analysis includes all CE companies established in Spain over the past decade. The results indicate that rural CE companies have higher survival rates than their urban counterparts, even after controlling for factors like subsidies and personnel costs. Although rural CE companies exhibit slower growth, they achieve greater profitability. Thus, the CE sector in rural areas demonstrates sustainability not only through its circular practices but also in financial terms, offering significant implications for investors seeking sustainable ventures. info:eu-repo/grantAgreement/ES/DGA/S33-23R info:eu-repo/grantAgreement/ES/DGA/S38-23R info:eu-repo/grantAgreement/ES/MEFPD/PID2022-136818NB-I00 info:eu-repo/semantics/openAccess by https://creativecommons.org/licenses/by/4.0/deed.es 4.8 2024 ECONOMICS 52 / 620 = 0.084 2024 Q1 T1 MANAGEMENT 103 / 420 = 0.245 2024 Q1 T1 BUSINESS 83 / 316 = 0.263 2024 Q2 T1 3.025 2024 Economics and Econometrics 2024 Q1 Business, Management and Accounting (miscellaneous) 2024 Q1 16.5 2024 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Cuellar Fernández, Beatriz Universidad de Zaragoza (orcid)0000-0002-5557-0380 Fuertes Callén, Yolanda Universidad de Zaragoza (orcid)0000-0002-6468-0944 4002 230 Universidad de Zaragoza Dpto. Contabilidad y Finanzas Área Economía Finan. y Contab. 64 (2025), 1953-1980 Small bus. econ. Small Business Economics 0921-898X 789979 http://zaguan.unizar.es/record/145656/files/texto_completo.pdf Versión publicada 1809911 http://zaguan.unizar.es/record/145656/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:145656 articulos driver 2026-04-10-13:53:50 ARTICLE