Firm growth is almost universally portrayed as a good thing, and is commonly used as a measure of success. Applying resource-based reasoning, we argue that growth is often not a sign of sound development. Specifically, we hypothesize that firms which grow without first securing high levels of...

This study investigated the longitudinal behaviour of growth rates and profitability for a large sample of Australian firms. Similar to previous studies, growth rates were found to be much more volatile than profitability measures. Using a regression equation with lagged profit and growth...

We are interested in the antecedents to an individual's decision to become an entrepreneur. Our approach is to consider an individual's choice between self-employment and becoming an employee using multi-attribute utility discrete-choice modeling. The attributes in the model are based on the...

This paper explores the decision making processes involved in effectual logic and the relationship between behavioral biases and the effectual thinking related to entrepreneurial decision making. We consider the reasons why entrepreneurs may have a natural tendency towards effectual approaches...

This assessment examines the financial aspects of a fast growing IT firm supplying accommodation and other services to the travel industry. Students are asked to analyse the financial statements of the firm and develop financial projections from which they can determine a suitable valuation of...