Managerial tenure, business age, and small business turnover
Holmes, T. J., & Schmitz, J. A. (1996)
Journal of Labor Economics, 14(1), 79-99
Descriptive companion using the US Census Bureau 1982 Characteristics of Business Owners survey. Holding business age fixed, both failure and sale probabilities fall with manager tenure; holding tenure fixed, failure falls with business age. Country: United States.
Sourcedoi:10.1086/20980462 citations (OpenAlex)