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  • 标题:The effects of entrepreneurial long-term commitment on post-IPO performance: Chinese evidence
  • 本地全文:下载
  • 作者:Dongmin Kong ; Maobin Wang ; Xiyu Zhang
  • 期刊名称:Frontiers of Business Research in China
  • 印刷版ISSN:1673-7326
  • 电子版ISSN:1673-7431
  • 出版年度:2018
  • 卷号:12
  • 期号:1
  • 页码:1-17
  • DOI:10.1186/s11782-018-0040-z
  • 出版社:Higher Education Press, co-published with Springer-Verlag GmbH
  • 摘要:Long-term commitment is a motivational factor that drives people towards entrepreneurship. Scholars and practitioners have lacked a robust and validated instrument for measuring long-term commitment and its dimensions in the specific context of entrepreneurship. Based on a unique dataset of emigration statuses of Chinese entrepreneurs, we develop an instrument of entrepreneurial long-term commitment and test its impacts on corporate outcomes and entrepreneurs’ individual behaviors. We observe that entrepreneurial long-term commitment significantly affects corporate policies, long-term shareholder wealth and entrepreneurs’ individual behaviors. Our research also helps to evaluate the values of these entrepreneurs in China.
  • 关键词:Entrepreneur;Long-term commitment;IPO underperformance;Foreign residency rights;China
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