English, Article, Journal or magazine article edition: The planned decision to transfer an entrepreneurial company Leroy, H.; Manigart, S.; Meuleman, M.

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Bookmark: http://trove.nla.gov.au/version/4731
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The planned decision to transfer an entrepreneurial company
Author
  • Leroy, H.
  • Manigart, S.
  • Meuleman, M.
Physical Description
  • preprint
Notes
  • We expand and test Ajzen’s Theory of Planned Behavior (TPB) to explain the transfer of an entrepreneurial venture upon exit. Our results confirm TPB: transfer intentions and perceived control over the transfer are the main drivers of the likelihood to transfer. In addition, contextual business characteristics complement TPB in explaining transfer outcomes. While intangibility of firm assets directly impacts transfer outcomes, business viability is partially mediated via transfer intentions. These results shed more light on the role of implicit planning in transfer decisions and help to better understand contextual factors impacting the process of entrepreneurial exits.
  • entrepreneurial exit, exit process, transfer decision, Theory of Planned Behavior
  • RePEc:vlg:vlgwps:2009-13
Language
  • English
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