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Two important opportunities for accelerating the growth of newly established firms are initial public offerings and acquisitions. This study focuses on the acquisition of a firm and its subsequent transformation into a subsidiary by business groups and investigates how such governance...
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technology and sales as mediated by innovation activities. However, the index is insignificant for the second mediator, export … longevity. However, in the final model, both the level of innovation and export longevity positively and substantially affect …
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