| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11581 |
| 来源ID | Working Paper 11581 |
| What Are Firms? Evolution from Birth to Public Companies | |
| Steven N. Kaplan; Berk A. Sensoy; Per Strömberg | |
| 发表日期 | 2005-08-29 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We study how firm characteristics evolve from early business plan to initial public offering to public company for 49 venture capital financed companies. The average time elapsed is almost 6 years. We describe the financial performance, business idea, point(s) of differentiation, non-human capital assets, growth strategy, customers, competitors, alliances, top management, ownership structure, and the board of directors. Our analysis focuses on the nature and stability of those firm attributes. Firm business lines remain remarkably stable from business plan through public company. Within those business lines, non-human capital aspects of the businesses appear more stable than human capital aspects. In the cross-section, firms with more alienable assets have substantially more human capital turnover. |
| 主题 | Industrial Organization ; Firm Behavior ; Financial Economics ; Corporate Finance |
| URL | https://www.nber.org/papers/w11581 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569226 |
| 推荐引用方式 GB/T 7714 | Steven N. Kaplan,Berk A. Sensoy,Per Strömberg. What Are Firms? Evolution from Birth to Public Companies. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11581.pdf（264KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
