While previous empirical literature has examined the effect of founder-CEOs on firm performance, it has largely ignored the effect of firm performance on founder-CEO status. In this paper, we use instrumental variables methods to better understand the relationship between founder-CEOs and performance. Using the proportion of the Þrm s founders that are dead and the number of people who founded the company as instruments for founder-CEO status, we find strong evidence that founder-CEO status is endogenous in performance regressions. This implies that the direct effect of founder-CEOs on firm performance cannot be estimated correctly without accounting for the endogeneity of founder-CEO status. Perhaps surprisingly, we find that performance i...
Abstract. Estimating the value of top managerial talent is a central topic of research that has attr...
Existing theories of the firm are silent with respect to cross-sectional differences in performance ...
This article examines the relationship between CEO characteristics and firm performance with a sampl...
While previous empirical literature has examined the effect of founder-CEOs on firm performance, it ...
We use instrumental variables methods to disentangle the effect of founder–CEOs on performance from ...
OBJECTIVES The objective of this thesis is to find out whether the earnings quality is higher in f...
This study compares founder-CEOs and professional CEOs in newly public firms in terms of executive c...
The debate on whether a founder should be or should remain as a CEO is one that has attracted variou...
This thesis consists of two separate papers where the first study examines performance in founder ow...
We analyze the effect of CEO tenure on the relation between firm performance and forced turnover. We...
This paper uses panel data from 271 U.S. firms to empirically examine the relationship between the d...
This paper uses panel data from 271 U.S. firms to empirically examine the relationship between the d...
In our work we aim to study the effect of Founder-CEO presence in a company on excess shareholder re...
Abstract We study the role of a company founder in the internal governance of firms. Using a sample ...
Although large owners monitor managers effectively, they differ in important ways. Whereas founder o...
Abstract. Estimating the value of top managerial talent is a central topic of research that has attr...
Existing theories of the firm are silent with respect to cross-sectional differences in performance ...
This article examines the relationship between CEO characteristics and firm performance with a sampl...
While previous empirical literature has examined the effect of founder-CEOs on firm performance, it ...
We use instrumental variables methods to disentangle the effect of founder–CEOs on performance from ...
OBJECTIVES The objective of this thesis is to find out whether the earnings quality is higher in f...
This study compares founder-CEOs and professional CEOs in newly public firms in terms of executive c...
The debate on whether a founder should be or should remain as a CEO is one that has attracted variou...
This thesis consists of two separate papers where the first study examines performance in founder ow...
We analyze the effect of CEO tenure on the relation between firm performance and forced turnover. We...
This paper uses panel data from 271 U.S. firms to empirically examine the relationship between the d...
This paper uses panel data from 271 U.S. firms to empirically examine the relationship between the d...
In our work we aim to study the effect of Founder-CEO presence in a company on excess shareholder re...
Abstract We study the role of a company founder in the internal governance of firms. Using a sample ...
Although large owners monitor managers effectively, they differ in important ways. Whereas founder o...
Abstract. Estimating the value of top managerial talent is a central topic of research that has attr...
Existing theories of the firm are silent with respect to cross-sectional differences in performance ...
This article examines the relationship between CEO characteristics and firm performance with a sampl...