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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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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