Entrepreneur death and startup performance
Becker, S. O., & Hvide, H. K. (2022)
Review of Finance, 26(1), 163-185
Deaths of nearly 1,500 entrepreneurs (Norwegian register data per the paper as generally described; not stated in the abstract). Large, sustained negative effects on growth and profitability; about 60% lower sales in larger start-ups. Effects reflect "entrepreneur specialness rather than leadership transition".
Sourcedoi:10.1093/rof/rfab01530 citations (OpenAlex)