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Linking Corporate Entrepreneurship to Financial Theory through Additional Value Creation

George S. Vozikis, Garry D. Bruton, Dev Prasad and A. A. Merikas
Authors registered in the RePEc Author Service: Anna Merika

Entrepreneurship Theory and Practice, 1999, vol. 24, issue 2, 33-43

Abstract: The study of corporate entrepreneurship (CE) has principally used accounting measures to gauge a firm's CE activities, even though it has increasingly been recognized in entrepreneurial research that more appropriate, theory-based measures are required to provide an accurate picture of a firm's CE performance. This study links corporate entrepreneurship to financial theory by advancing additional value creation (AVC) as a better measure of performance for corporate entrepreneurship activities and based on the output of the firm, rather than the usual accounting measures that are input based.

Date: 1999
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:24:y:1999:i:2:p:33-43

DOI: 10.1177/104225879902400204

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