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Library/Human capital and performance after a leadership change

E9FT50

New firm performance and the replacement of founder-CEOs

Chen, J., & Thompson, P. (2015)

Strategic Entrepreneurship Journal, 9(3), 243-262

4,172 Danish start-ups. Replacement is driven by mismatch between business quality and founder ability and occurs among the worst and the best firms. Firms that replace the founder are much more likely to fail, but survivors grow considerably faster.

Sourcedoi:10.1002/sej.120339 citations (OpenAlex)

Full citation

Chen, J., & Thompson, P. (2015). New firm performance and the replacement of founder-CEOs. Strategic Entrepreneurship Journal, 9(3), 243-262.

https://doi.org/10.1002/sej.1203

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.