haku: @indexterm austria / yhteensä: 319
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| Tekijä: | Diwisch, D.S. Voithofer, P. Weiss, C.R. |
| Otsikko: | Succession and firm growth: results from a non-parametric matching approach |
| Lehti: | Small business economics
2009 : JAN, VOL. 32:1, p. 45-56 |
| Asiasana: | Austria family firms employment growth company performance |
| Vapaa asiasana: | succession matching |
| Kieli: | eng |
| Tiivistelmä: | The study explores the relationship btw. succession (henceforth as: succn/s.) and firm performance. Using a non-parametric matching approach on a panel of about 4,000 Austrian family firms, the impact of actual (past) succn/s. as well as planned (future) succn/s. on employment growth (here as: e-g.) is evaluated. Analysing succn/s. plans, there is found no significant difference in e-g. btw. firms planning to transfer the firm in the next 10 years and those firms who do not. In contrast, past succn/s. exerts a significant and positive e-g. effect, getting stronger over time. |
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