Purpose The purpose of this paper is to investigate into the conditions under which founders' human capital (HC) benefits new venture growth (NVG). One such condition is investigated in this study - initial assets at founding. Specifically, founding assets are hypothesized to moderate the...

Purpose: The purpose of this paper is to answer the following research question: at the time of founding of a startup, what entrepreneurial conditions would influence the long-term offerings of HR benefits? To answer this question, our study examines the effects of four founding conditions of...

Empiricism in the sciences allows us to test theories, formulate optimal policies, and learn how the world works. In this manner, it is critical that our empirical work provides accurate conclusions about underlying data patterns. False positives represent an especially important problem, as...

This study investigates the effects on initial public offering (IPO) outcomes of the existence and type of financial expertise of chief executive officers (CEOs) and chief financial officers (CFOs) serving on their own IPO firms' boards. For brevity we refer to these executives as executive...

A well-known puzzle in international finance is that fluctuations in exchange rate are very difficult to predict and existing predictive models often perform worse than the naive random walk model. In this paper, we construct an oil trend factor and find that it performs better than the naive...

Tests measuring and comparing educational achievement are an important policy tool. We experimentally show that offering students extrinsic incentives to put forth effort on such achievement tests has differential effects across cultures. Offering incentives to U.S. students, who generally...