We study the implications of ownership and its induced incentives on firm performance for young and high-tech firms. Using a unique data set of all 341 firms listed on the Neuer Markt, the German counterpart of the NASDAQ, our results differ from studies on more traditional firms. Ownership by CEOs has no influence on firm survival when introducing measurements of human capital and intellectual property rights. This confirms assumptions that firms in the knowledge based industries differ also in their governance structure from traditional firms.Firm Survival , Corporate Governance , New Economy , Entrepreneurship
The initial view of the advantages of ownership concentration in joint stock companies was determine...
The initial view of the advantages of ownership concentration in joint stock companies was determine...
This study investigates the determinants of changes in corporate ownership and firm failure, taking ...
We study the implications of ownership and its induced incentives on firm performance for young and ...
We study the implications of ownership and its induced incentives on firm survival on the stock mark...
We study the implications of ownership and its induced incentives on firm survival on the stock mark...
Purpose – This paper seeks to answer the question whether control and changes in control after a fir...
This paper explores the relationship between ownership structure and firm value in firms listed on t...
Gaining access to technologies, competencies, and knowledge is observed as one of the major motives ...
This important book presents a new original study of the German and UK financial markets. It address...
This study investigates the determinants of changes in corporate ownership and firm failure for Germ...
This study investigates the influence of corporate governance attributes on thelikelihood of surviva...
This paper analyses the evolution of ownership and control in German and UK IPOs. In a first stage w...
The initial view of the advantages of ownership concentration in joint stock companies was determine...
The initial view of the advantages of ownership concentration in joint stock companies was determine...
This study investigates the determinants of changes in corporate ownership and firm failure, taking ...
We study the implications of ownership and its induced incentives on firm performance for young and ...
We study the implications of ownership and its induced incentives on firm survival on the stock mark...
We study the implications of ownership and its induced incentives on firm survival on the stock mark...
Purpose – This paper seeks to answer the question whether control and changes in control after a fir...
This paper explores the relationship between ownership structure and firm value in firms listed on t...
Gaining access to technologies, competencies, and knowledge is observed as one of the major motives ...
This important book presents a new original study of the German and UK financial markets. It address...
This study investigates the determinants of changes in corporate ownership and firm failure for Germ...
This study investigates the influence of corporate governance attributes on thelikelihood of surviva...
This paper analyses the evolution of ownership and control in German and UK IPOs. In a first stage w...
The initial view of the advantages of ownership concentration in joint stock companies was determine...
The initial view of the advantages of ownership concentration in joint stock companies was determine...
This study investigates the determinants of changes in corporate ownership and firm failure, taking ...