DOAJ Open Access 2023

Institutional environment quality and the longevity of billionaire entrepreneurs

Bin Ke Zengquan Li Qing Ye

Abstrak

Using self-made billionaire entrepreneurs in China as a proxy for large entrepreneurs, we examine the impact of institutional environment quality on the longevity of such entrepreneurs. While property rights institutions and contracting institutions are important in explaining macroeconomic growth and small firm growth, we find no evidence that they matter to the longevity of billionaire entrepreneurs. However, we find access to finance to be important to the longevity of billionaire entrepreneurs. Our results help better understand the relative importance of various institutional environment forces to the continuous success of billionaire entrepreneurs.

Topik & Kata Kunci

Accounting. Bookkeeping

Penulis (3)

Bin Ke

Zengquan Li

Qing Ye

Format Sitasi

APA MLA BibTeX

Ke, B., Li, Z., Ye, Q. (2023). Institutional environment quality and the longevity of billionaire entrepreneurs. https://doi.org/10.1016/j.cjar.2022.100288

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Informasi Jurnal

Tahun Terbit: 2023
Sumber Database: DOAJ
DOI: 10.1016/j.cjar.2022.100288
Akses: Open Access ✓