Enhancing Corporate Governance in High-Growth Entrepreneurial Firms

Mark J. Ahn ()
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Mark J. Ahn: Portland State University, Portland, Oregon, USA

International Journal of Innovation and Technology Management (IJITM), 2014, vol. 11, issue 06, 1-16

Abstract: This study explores how new ventures access advice to achieve high growth and sustainable performance. A relational model of three important themes — compliance (regulatory and legal governance), contacts (networks of suppliers, customers, investors), and content (strategic insights) — emerged as critical to any sustainable high-growth effort. Our findings suggest that advisory boards and boards of directors have a significant role in managing and creating value for emerging high-growth firms due to inherently high failure rates, technological complexity, and market risk — all of which requires access to external resources.

Keywords: Governance; high growth companies; board of directors; advisory boards; entrepreneurship (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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DOI: 10.1142/S0219877014500382

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