The Jumpstart Our Business Startups (JOBS) Act was signed into law on April 5th, 2012. A key objective of the act was to allow new ventures in the United States to go public and raise growth capital more easily and cost-effectively than before. The aim of this paper is to discuss the...

Alliances offer benefits such as access to capital, knowledge and markets. Yet, due to their lack of legitimacy, entrepreneurial firms find it challenging to engage in alliances. Thus, it is important to examine which factors may drive alliance formation for entrepreneurial firms. and we examine...

We investigate firms' pre-IPO corporate activity. We find that firms involved in extraordinary – i.e., beyond momentum – amounts of acquisitions, JVs, and alliances in the year leading up to their IPOs (1) are more likely to engage in post-IPO corporate activity; and (2) enter into their...

In this study we explore whether celebrity CEOs use certain types of language that affect stakeholders’ perceptions more than non-celebrity CEOs during earnings calls. We focus specifically on the sociocognitive processes associated with possessing celebrity, and how they are likely to...

This paper investigates how venture capitalists' involvement in new ventures affects the likelihood of entrepreneurial exit, either via an acquisition or an initial public offering. We examine the prominence of VCs, the number of VCs invested in a company, as well as the timing, duration and...

In this paper, we theorize that venture capital (VC) backed initial public offerings (IPOs) attract more attention than non-VC-backed IPOs, as VCs offer important signals to investors searching for information about entrepreneurial firms. We use a measure developed by Google (i.e., Trends) to...