| 1. |
- Samuelsson, Mikael, et al.
(författare)
-
Path Dependence in New Ventures’ Capital Structures
- 2021
-
Ingår i: Entrepreneurship: Theory and Practice. - : SAGE Publications. - 1540-6520 .- 1042-2587. ; 45:2, s. 319-349
-
Tidskriftsartikel (refereegranskat)abstract
- We explore new ventures’ capital structures, providing novel theoretical reasoning concerning path dependence. We examine a longitudinal sample of 1,756 Swedish startups and their use of external financing. We find support for path dependence in new ventures’ financial structures in that their early funding choices of subsidies, debt or equity, persist over time, with the strongest path effect for equity. In line with theory, those ventures who replace their CEO are more likely to change capital structures. Our study adds to the stream of research providing alternative explanations to prevailing theories of the evolution of new ventures’ financing structures.
|
|
| 2. |
- Söderblom, Anna, et al.
(författare)
-
Capital Structure in New Ventures
- 2023
-
Ingår i: The Palgrave Encyclopedia of Private Equity. - Cham, Switzerland : Palgrave Macmillan. - 9783030387389
-
Bokkapitel (övrigt vetenskapligt/konstnärligt)abstract
- How new ventures are financed is a key issue for scholars and policymakers alike, as entrepreneurs’ preferences for and access to various types of funding have substantial implications for their survival, growth, and performance (Berger and Udell 1998; Cassar 2004; Manigart and Khosravi 2023). Capital structure concerns the combination of funding sources that a company uses to finance its operations, assets, and future growth. The capital structure of new firms is fundamentally different from those of established companies. Young, particularly innovative, firms have limited cash flow capacity and, therefore, must rely heavily on external sources to finance their ventures (Block et al. 2018).
|
|
| 3. |
- Söderblom, Anna, et al.
(författare)
-
Y - A model for structuring and focusing change processes
- 2020. - 1st
-
Bok (övrigt vetenskapligt/konstnärligt)abstract
- Change can be challenging! This applies equally whether you are leading a change process, or you are a member of an organization seeking to navigate new changes. This book is about a model - the Y model - a powerful tool for bringing about successful change by giving structure and focus to change processes. The Y model helps you manage change projects, no matter what role you have in the process. Over the years, the Y model has proven to be very useful to many managers working through change projects in their organization. That is why the Y model features prominently when scholars at the Stockholm School of Economics coach students in Executive MBA and other academic programs. This book describes the Y model and demonstrates how people apply it in organizations when leading change projects.
|
|
