On the Turnover of Business Firms and Business Managers
On the Turnover of Business Firms and Business Managers
复制标题
论企业和企业管理者的流动
DOI：
10.1086/262011
复制
发表时间：
1995
影响因子：
8.2
通讯作者：
James A. Schmitz
中科院分区：
文献类型：
--
作者：
T. Holmes;James A. Schmitz
本文开发了一个小型企业失败和出售的模型，该模型受到最近有关小型企业的失败和出售如何随企业年龄和经理任期的影响而变化的证据的启发。这一证据激发了该模型的两个关键特征：管理者和企业之间的匹配，以及在当前匹配之后生存下来的企业的特征。估计模型的参数，并研究该参数模型的性质。该分析得出了小企业部门运作的简单特征。
This paper develops a model of small business failure and sale that is motivated by recent evidence concerning how the failure and sale of small businesses vary with the age of the business and the tenure of the manager. This evidence motivates two key features of the model: a match between the manager and the business, and characteristics of businesses that survive beyond the current match. The parameters of the model are estimated, and the properties of this parametric model are studied. This analysis results in a simple characterization of the workings of the small business sector.
影响因子：
8.2
作者：
EVANS, DS
通讯作者：
EVANS, DS