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This paper uses the theory of deductive method to analyze the issues of Enterprise Development. First Penrose's Enterprise Growth Theory is briefly introduced and then an in-depth analysis of Penrose Effect is made. The theoretical expansion of Penrose Effect is also discussed. Finally inspirations brought by Penrose's Enterprise Growth Theory are summarized. Penrose Effect tells us that the fast-growing...
The literature on the relationships between board attributes and corporate performance is mixed, and one important reason is that the intermediate variable, i.e., board behaviors is ignored. This paper empirically researches the impact of board behaviors on board performance based on a survey in China. Our results show that the conflict of the board has significant positive effect on the strategic...
Entrepreneurship has gained a lot of theoretical and practical attentions. Adopting the research method of simulation experiments, this study explored the dynamic process and mechanisms of entrepreneurial decision-making, specifically the effect of regulatory focus and past performance feedback on the entrepreneurial intention. Using a sample of 64 MBA and business management majored students, we...
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