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Keywords: firm age
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Journal Articles
The Impact of Governance Structure on the Performance of Small Family and Nonfamily Firms: The Moderating Role of Firm Age
Available to Purchase
Journal:
Review of Corporate Finance
Review of Corporate Finance (2022) 2 (4): 721–743.
Published: 07 December 2022
... an inverted U-shaped relationship with firm performance in small owner-managed firms. We further hypothesize that the inverted U-shaped relationship diminishes as firms age. Using a cross-sectional sample of 8,201 SBDC clients, we find support for an inverted U-shaped relationship between governance structure...
