Entrepreneurs' Personal Values, Compensation, and High Growth Firm Performance

17 Pages Posted: 13 Dec 2012

See all articles by David Tomczyk

David Tomczyk

affiliation not provided to SSRN

Junghyun Lee

affiliation not provided to SSRN

Erik Winslow

affiliation not provided to SSRN

Date Written: January 2013

Abstract

We tested whether high growth firms' performance is related to the number of benefits offered and/or the values of the entrepreneur. Using data from the 2007 top 500 fastest growing entrepreneurial firms in America, we discovered that entrepreneurs' values do not relate to the total number of benefits offered, meaning the mediation model does not exist and lending strength to the argument that entrepreneurs' values greatly influence the success of a new venture. However, the total benefits offered are positively related to firm performance. We determine that the entrepreneurs' values and the total benefits offered are instrumental to firm performance.

Suggested Citation

Tomczyk, David and Lee, Junghyun and Winslow, Erik, Entrepreneurs' Personal Values, Compensation, and High Growth Firm Performance (January 2013). Journal of Small Business Management, Vol. 51, Issue 1, pp. 66-82, 2013, Available at SSRN: https://ssrn.com/abstract= or http://dx.doi.org/10.1111/j.1540-627X.2012.00374.x

David Tomczyk (Contact Author)

affiliation not provided to SSRN ( email )

Junghyun Lee

affiliation not provided to SSRN ( email )

Erik Winslow

affiliation not provided to SSRN ( email )

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