Family Situation and the Exit Event: An Extension of Threshold Theory

13 Pages Posted: 4 Mar 2009

See all articles by Rachida Justo

Rachida Justo

Instituto de Empresa

Dawn R. DeTienne

Colorado State University, Fort Collins - College of Business; Utah State University

Abstract

Previous research into entrepreneurial exit has examined exit from a firm perspective focusing upon firm performance as the primary determinant of exit; however, new research is emerging which suggests that other variables (e.g. entrepreneurial human capital) may impact the exit decision over and above that accounted for by firm performance. Our research adopts a family embeddedness perspective to examine the impact that gender and family situation (marital status, number of children, running a family business) have on voluntary exit decisions over and above that attributed to firm performance. Our research contributes not only to the growing research in entrepreneurial exit, but also extends threshold theory.

Keywords: Entrepreneurship

JEL Classification: M13

Suggested Citation

Justo, Rachida and DeTienne, Dawn R., Family Situation and the Exit Event: An Extension of Threshold Theory. Babson College, Babson College Entrepreneurship Research Conference (BCERC) 2008, Frontiers of Entrepreneurship Research 2008, Available at SSRN: https://ssrn.com/abstract=1346078

Rachida Justo (Contact Author)

Instituto de Empresa ( email )

Serrano, 105
Madrid, 28006
Spain
915689654 (Phone)

Dawn R. DeTienne

Colorado State University, Fort Collins - College of Business ( email )

Fort Collins, CO 80523
United States

Utah State University

Logan, UT 84322
United States

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