员工福利、社会资本与IPO企业生存

IF 7.8 1区管理学 Q1 BUSINESS

Entrepreneurship Theory and Practice Pub Date : 2022-11-06 DOI:10.1177/10422587221120821

S. Amini, S. Johan, Eilnaz Kashefi Pour, Abdulkadir Mohamed

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引用次数: 0

摘要

我们考察了员工福利和社会资本对公司继续在证券交易所上市前景的影响。我们分析了2000年至2016年美国上市公司的面板样本，并追踪了到2021年底的结果。研究发现，当员工福利水平较好、企业位于较好的社会资本区域时，创业型企业的上市时间越长。我们还发现，员工福利正补充社会资本对延长剩余报价可能性的影响。我们的结果对内质性、金融危机和COVID-19的影响以及各种模型规范都具有稳健性。

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Employee Welfare, Social Capital, and IPO Firm Survival

We examine the impact of employee welfare and social capital on the prospect of firms remaining quoted on a stock exchange. We analyze a panel sample of US-listed firms from 2000 to 2016 and track the outcome to the end of 2021. We find that entrepreneurial firms remain listed longer when employee welfare is better, and firms are located in a better social capital region. We also find that employee welfare positively complements the impact of social capital on prolonging the likelihood of remaining quoted. Our results are robust to endogeneity, effects of financial crises and COVID-19, and various model specifications.

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来源期刊

Entrepreneurship Theory and Practice BUSINESS-

CiteScore

19.00

自引率

12.40%

发文量

期刊介绍： Entrepreneurship Theory and Practice (ETP) is an interdisciplinary scholarly journal dedicated to conceptual and empirical research that advances, tests, or extends theory relating to entrepreneurship in its broadest sense. Article Topics: Topics covered in ETP include, but are not limited to: New Venture Creation, Development, Growth, and Performance Characteristics, Behaviors, and Types of Entrepreneurs Small Business Management Family-Owned Businesses Corporate, Social, and Sustainable Entrepreneurship National and International Studies of Enterprise Creation Research Methods in Entrepreneurship Venture Financing Content: The journal publishes articles that explore these topics through rigorous theoretical development, empirical analysis, and methodological innovation. ETP serves as a platform for advancing our understanding of entrepreneurship and its implications for individuals, organizations, and society.