J. Risk Financial Manag. 2010, 3(1), 118-138; doi:10.3390/jrfm3010118
Article

Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010

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Published: 31 December 2010
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract: Do U.S. publicly-traded companies led by entrepreneurs perform better than nonentrepreneur-led U.S. public companies? Our data suggests they do. We analyze monthly stock returns of U.S. publicly traded companies over the time period 1998-2010 and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S. entrepreneurs provide better stock performance than several stock market indices primarily comprised of non-entrepreneur-led U.S. companies.
Keywords: Entrepreneurial companies; publicly-traded companies; high portfolio returns; entrepreneurial indices; risk-adjusted alpha; family ownership
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MDPI and ACS Style

Shulman, J.M. Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010. J. Risk Financial Manag. 2010, 3, 118-138.

AMA Style

Shulman JM. Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010. Journal of Risk and Financial Management. 2010; 3(1):118-138.

Chicago/Turabian Style

Shulman, Joel M. 2010. "Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010." J. Risk Financial Manag. 3, no. 1: 118-138.

J. Risk Financial Manag. EISSN 1911-8074 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert