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Library/Human capital and performance after a leadership change

E8FT50

Founder replacement and startup performance

Ewens, M., & Marx, M. (2018)

Review of Financial Studies, 31(4), 1532-1565

VC financings with hand-collected founder turnover; instruments replacement with changes in non-compete law in 14 US states, 1995 to 2016. Naive estimates are negative; instrumented estimates show replacement improves performance. (Abstract source: EconPapers/RePEc.)

Sourcedoi:10.1093/rfs/hhx130176 citations (OpenAlex)

Full citation

Ewens, M., & Marx, M. (2018). Founder replacement and startup performance. Review of Financial Studies, 31(4), 1532-1565.

https://doi.org/10.1093/rfs/hhx130

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.