Wennberg, Karl; Wiklund, Johan; DeTienne, Dawn R.; … - In: Journal of Business Venturing 25 (2010) 4, pp. 361-375
We develop a conceptual model of entrepreneurial exit which includes exit through liquidation and firm sale for both firms in financial distress and firms performing well. This represents four distinct exit routes. In developing the model, we complement the prevailing theoretical framework of...
