Despite extensive research into succession planning, little is known about the impact of the continuity outlook of a firm on growth intentions. The objectives of the study are to examine 1) the effect of different continuity outlooks of the firm on growth intentions, 2) the effect of exploration...

In geographically segmented credit markets, local real estate booms can deteriorate the funding conditions for small manufacturing firms and undermine their competitiveness. Using exogenous variation in the administrative land supply across 172 Chinese cities, we show that higher predicted real...