Artikel
From founders to firm: Examining the retention of founder-CEO social capital in venture-backed firms
This paper examines how organizations protect themselves from the negative social and economic consequences associated with the loss of a key member and their social capital. Drawing on the social capital and upper echelons literatures, the author(s) hypothesize that social capital can be institutionalized. The corresponding hypotheses are tested on a sample of 125 venture-backed software firms and the results demonstrate that the institutionalization of a founder-CEO's social capital leads to better performance for a firm. The results provide a basis for understanding how social mechanisms influence economic organization as well as succession and compensation in a new venture context.
- Sprache
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Englisch
- Erschienen in
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Journal: The Journal of Entrepreneurial Finance (JEF) ; ISSN: 1551-9570 ; Volume: 18 ; Year: 2016 ; Issue: 2 ; Pages: 1-46 ; Montrose, CA: The Academy of Entrepreneurial Finance (AEF)
- Klassifikation
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Management
- Thema
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founder-ceo transitions
venture capital
startups
social capital & entrepreneurial leadership
- Ereignis
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Geistige Schöpfung
- (wer)
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Fund, Bret R.
- Ereignis
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Veröffentlichung
- (wer)
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The Academy of Entrepreneurial Finance (AEF)
- (wo)
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Montrose, CA
- (wann)
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2016
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Fund, Bret R.
- The Academy of Entrepreneurial Finance (AEF)
Entstanden
- 2016