Entrepreneurs' Personal Values, Compensation, and High Growth Firm Performance

David Tomczyk, Junghyun Lee and Erik Winslow

Journal of Small Business Management, 2013, vol. 51, issue 1, 66-82

Abstract: We tested whether high growth firms' performance is related to the number of benefits offered and/or the values of the entrepreneur. Using data from the 2007 top 500 fastest growing entrepreneurial firms in merica, we discovered that entrepreneurs' values do not relate to the total number of benefits offered, meaning the mediation model does not exist and lending strength to the argument that entrepreneurs' values greatly influence the success of a new venture. However, the total benefits offered are positively related to firm performance. We determine that the entrepreneurs' values and the total benefits offered are instrumental to firm performance.

Date: 2013
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DOI: 10.1111/j.1540-627X.2012.00374.x

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