Abstract

Do U.S. publicly-traded companies led by entrepreneurs perform better than nonentrepreneur-led U.S. public companies? Our data suggests they do. We analyze monthly stock returns of U.S. publicly traded companies over the time period 1998-2010 and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S. entrepreneurs provide better stock performance than several stock market indices primarily comprised of non-entrepreneur-led U.S. companies.

Highlights

  • Do U.S publicly-traded companies led by entrepreneurs perform better than non-entrepreneurled U.S public companies? Our data suggests they do

  • We analyze U.S publicly traded companies and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S entrepreneurs provide better stock performance than several stock market indices comprised primarily of non-entrepreneur-led U.S companies

  • Our final data set for this paper includes 288 U.S entrepreneurial companies deemed entrepreneurs and represents each of the nine major Standard and Poors’ (S&P) 500 industry groupings with the largest representation residing in the information technology sector

Read more

Summary

INTRODUCTION

Do U.S publicly-traded companies led by entrepreneurs perform better than non-entrepreneurled U.S public companies? We analyze U.S publicly traded companies and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S entrepreneurs provide better stock performance than. Several stock market indices comprised primarily of non-entrepreneur-led U.S companies. These results are statistically significant with vast differences between our two data sets

LITERATURE SUPPORT FOR ENTREPRENEUR PERFORMANCE
Literature Review
DATA AND METHODOLOGY
Sources of Information
EMPIRICAL RESULTS
CONCLUSIONS

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.