文章基本信息

标题：The effects of entrepreneurial long-term commitment on post-IPO performance: Chinese evidence
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作者：Dongmin Kong ; Maobin Wang ; Xiyu Zhang 等
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