Showing 1 - 10 of 1,379
This paper presents a long overdue reassessment of entrepreneurship through acquisition (ETA). Traditionally considered … simply a niche occurrence of small company leveraged buyouts (LBO), ETA is actually a meaningful contributor to a nation … entrepreneurial intents and outcomes of ETA. By examining the theoretical streams of LBO and entrepreneurship finance in practical …
Persistent link: https://www.econbiz.de/10010343143
There is now extensive evidence on short-term performance improvements in buy-outs, but little relating to the longer …-term. This paper examines the relatively neglected area of the longevity and longer-term effects of smaller buy-outs. In terms of … longevity, the evidence presented shows that the majority remain as independent buy-outs for at least eight years after the …
Persistent link: https://www.econbiz.de/10011310367
The increasing pervasiveness of technology-driven firms that offer financial services has led to growing pressure on traditional banks to modernize their core business activities and services. Many banks tackle the challenges of digitalization by cooperating with startup firms that offer...
Persistent link: https://www.econbiz.de/10014504479
firm outcomes, such as acquisition or IPO. In our model, increasing overconfidence produces two conflicting effects on the …
Persistent link: https://www.econbiz.de/10012012684
In times of digitalization, established firms operating in the financial services sector increasingly form alliances with start-up companies to satisfy the customers' demand for rapid innovation and cope with the growing dynamics of markets. Technology-enabled innovation challenges traditional...
Persistent link: https://www.econbiz.de/10013366704
Prior research has investigated how the prices of stocks and commodities as well as inflation levels have been affected by the Russian war against Ukraine. So far, however, we know little about the impacts of the war on the entrepreneurial finance sector. Prior research on the effects of...
Persistent link: https://www.econbiz.de/10015371263
gathered from the Global Entrepreneurship Monitor (GEM) surveys, the paper argues that despite the favorable environment …
Persistent link: https://www.econbiz.de/10010289371
This study provides insights into the criteria applied by entrepreneurs in selecting venture capital investors. Building upon interviews with entrepreneurs, we outline a framework that categorizes the decision-making process into three principal criteria clusters: (1) financial aspects, with a...
Persistent link: https://www.econbiz.de/10015408679
the authors estimate positive wage premia of cross-border merger and acquisitions (M&As), suggesting that foreign …-acquired firms exhibit higher short-run (post-acquisition) wage growth than their domestic counterparts. The observed wage …
Persistent link: https://www.econbiz.de/10010309046
In late 2017, DuraTable received a number of unsolicited inquiries regarding its interest in selling out in a going private transaction, mostly from private equity firms. Since the chairman of the board and founder, Gary Reynolds, was approaching retirement age and the largest single shareholder...
Persistent link: https://www.econbiz.de/10012012659