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I study how mutual funds invest in public U.S. firms where founding family members retain a significant portion of shares. I posit that informed funds exploit the opaque nature of family firms by holding large positions when they have good private signals about the firms. By studying actively...
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and growth. Moreover, We propose that perspective allows entrepreneurs to accumulate experience and recognize and exploit … further opportunities. Implications & Recommendations: The study has implications mainly for entrepreneurs (recommendation for … entrepreneurial actions and their outcomes. It adds to our understanding of specific entrepreneurship phenomena like entrepreneurial …
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revealed that several individual characteristics discriminated between entrepreneurs and small business owners. Entrepreneurs …
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