The Role and Influence of Firm Founders

Teresa Nelson

Chapter 28 in Handbook of Top Management Teams, 2010, pp 263-269 from Palgrave Macmillan

Abstract: Abstract The founder role is irrefutably essential to a well-functioning capitalist economy. The founding of new ventures fuels competition, delivers new products and services to the marketplace, and even creates entirely new categories of industry. In this article the key governance role of founder is conceptualised, and questions of how, why and when founders participate and successfully influence the firms that they found are addressed. In addition, recent academic results on the persistent influence of founder CEOs on governance and ownership arrangements, and stock valuation, are presented.

Keywords: Initial Public Offering; Venture Capital Funding; Initial Public Offering Firm; Founder Role; Investor Reaction (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30533-5_29

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DOI: 10.1057/9780230305335_29

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