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Whereas the structuring and growth of the firm have long been central to conceptual development in strategy research …
Persistent link: https://www.econbiz.de/10011105899
We contrast the performance consequences of intra-family vs. external ownership transfers. Investigating a sample of …-family transfers. We attribute these performance differences to the long-term orientation of family firms passed on to the next … generation and to the entrepreneurial willingness of acquirers to bear uncertainty. Based on distinct ownership transition routes …
Persistent link: https://www.econbiz.de/10009246580
performance is analyzed. Since the data is collected as repeated cross sections and firms are not identified over time, the … decisive role in survival of firms and their employment growth as well. Moreover, survival and performance of firms are …
Persistent link: https://www.econbiz.de/10005642438
performance. To measure investment performance Mueller and Reardon’s (1993) marginal q is used, although derived directly from … both domestic and foreign institutional owners positively influence firm performance. Furthermore a non-linear relation … between institutional ownership concentration and performance is found. This is consistent with positive incentive effects and …
Persistent link: https://www.econbiz.de/10005642441
performance of new ventures. We propose an alternate framework demonstrating how experience translates into expertise by arguing … that the positive experience-performance relationship only appears to expert entrepreneurs, while novice entrepreneurs may … ventures. These negative performance implications can be alleviated if the level of contextual similarity between prior and …
Persistent link: https://www.econbiz.de/10010818702
Shares with more voting rights than cash flow rights provide their owners with a disproportional influence that is often found to destroy the value of outside equity. This is taken as evidence of discretionary use of power. However, concentration of power does not necessarily result from control...
Persistent link: https://www.econbiz.de/10008764025
investment performance we used a measure of marginal q which measures the ratio of the investment returns to cost of capital …. Institutional owners are found to have had a positive effect on performance, with a marginally diminishing effect of institutional … performance, eradicating the positive influence of institutional ownership. …
Persistent link: https://www.econbiz.de/10011095552
This paper studies the long - term impact of entrepreneurship education and training in high school on entrepreneurial … entry, performance, and survival. Using propensity score matching, we compare three Swedish cohorts from Junior Achievement …
Persistent link: https://www.econbiz.de/10011106045
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10005245150
. Moreover, to a certain degree virtues are learnt through the practice of <p> entrepreneurship. Due to their importance, though …
Persistent link: https://www.econbiz.de/10011262763