The paper examines the impact of financial performance of large cap and mid cap Indian Pharmaceutical companies. Pharmaceutical sector is a dominant player in world generic market and an emerging player in global pharmaceutical industry. The large cap pharmaceutical companies listed in Nifty and...

Despite the attention paid by academics to the study of the determinants and growth consequences of entrepreneurs' planning behavior, the convenience of engaging in planning activities is still an open debate in the entrepreneurship literature. In this paper, we analyze how institutional and...

This study centers on the major changes in human resources that have plagued small scale organizations in the recent times especially in this hard time of Global economic meltdown and the methods of adjustment that best worked for them toward sustainability and improved productivity. The...

This paper connects the return to entrepreneurship and firm growth decisions in a dynamic investment model with limited access to external financing. When additional assets can effectively relieve financing constraints, the entrepreneur values dollar return more than its face value for firm...

We document the existence of manager-shareholder agency problems caused by excess cash in young firms. Firms receiving quasi-random cash windfalls from the exercise of the overallotment option during their IPO are more likely to make value-destroying acquisitions. We hand-collect executive...

This paper examines how family and non-family ownership affects the performance of Swiss listed firms from 2003 to 2010. We distinguish between these two types of controlling shareholders since they have different objectives. We hypothesise that only family shareholders have a real incentive to...

This paper studies monetary and exchange rate policy in a world of global value chains. Using recent microdata from Japan and Russia, devaluations are shown to negatively affect exporters in terms of employment, domestic revenue and profitability relative to nonexporting firms. Given their...

This study examines and compares characteristics, financing patterns, and performance outcomes of women-owned and men-owned young entrepreneurial firms. Using fully imputed data from the Kauffman Firm Surveys of U.S. start-up firms, we first examine the differences in firm and owner...

We analyze the relation between different forms of debt financing at the firm's start-up and subsequent firm outcomes. We distinguish between business debt, obtained in the name of the firm, and personal debt, obtained in the name of the firm's owner and used to finance the start-up firm....

Profit and growth are considered as important goals in managing firms. This study tests the impact of initial profits on the growth and profit on a sample of firms listed at Karachi Stock Exchange (KSE) for the period 2006 to 2011. In addition to initial profits the study also checked the impact...