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Library/Buyout and ownership-change effects

D15near-FT50

Management turnover, ownership change, and post-bankruptcy failure of small businesses

Cepec, J., & Grajzl, P. (2021)

Small Business Economics, 57(1), 555-581

Slovenian small firms in bankruptcy reorganisation. Changes before completed proceedings never reduce liquidation risk; only post-proceeding changes that involve ownership transfer to domestic incoming owners reduce it. Consistent with "disruption costs" of turnover. (Abstract source: Springer page.)

Sourcedoi:10.1007/s11187-020-00325-z14 citations (OpenAlex)

Full citation

Cepec, J., & Grajzl, P. (2021). Management turnover, ownership change, and post-bankruptcy failure of small businesses. Small Business Economics, 57(1), 555-581.

https://doi.org/10.1007/s11187-020-00325-z

This page describes a work published elsewhere. The summary, where present, states what the authors claim; it is not the school's position. Read the source before quoting a figure.