Arbeitspapier

Business takeovers and firm growth: Empirical evidence from a German panel

The present article links business takeovers to the literature on serial autocorrelation of growth rates. The aim of the study is to identify the effects of successions on the performance of small German firms by analysing the growth pathways over a period of eight years after business takeover. Using panel data from 1,872 firms, the present article shows that for the first two years after a business takeover, small firms are subject to negative serial correlation of growth rates regarding employment. The analysis underlines the importance of longitudinal data to provide evidence on changes in the behaviour of a firm following a business takeover.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 01/17

Klassifikation
Wirtschaft
Firm Performance: Size, Diversification, and Scope
New Firms; Startups
Business Economics
Thema
business takeovers
successions
autocorrelation
panel data
small firms

Ereignis
Geistige Schöpfung
(wer)
Habermann, Harald
Ereignis
Veröffentlichung
(wer)
Institut für Mittelstandsforschung (IfM) Bonn
(wo)
Bonn
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Habermann, Harald
  • Institut für Mittelstandsforschung (IfM) Bonn

Entstanden

  • 2017

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