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The effects of entrepreneurial long-term commitment on post-IPO performance: Chinese evidence

Author

Listed:
  • Dongmin Kong

    (Huazhong University of Science and Technology)

  • Maobin Wang

    (University of International Business and Economics)

  • Xiyu Zhang

    (Queen’s University Belfast)

Abstract

Long-term commitment is a motivational factor that drives people towards entrepreneurship. Scholars and practitioners have lacked a robust and validated instrument for measuring long-term commitment and its dimensions in the specific context of entrepreneurship. Based on a unique dataset of emigration statuses of Chinese entrepreneurs, we develop an instrument of entrepreneurial long-term commitment and test its impacts on corporate outcomes and entrepreneurs’ individual behaviors. We observe that entrepreneurial long-term commitment significantly affects corporate policies, long-term shareholder wealth and entrepreneurs’ individual behaviors. Our research also helps to evaluate the values of these entrepreneurs in China.

Suggested Citation

  • Dongmin Kong & Maobin Wang & Xiyu Zhang, 2018. "The effects of entrepreneurial long-term commitment on post-IPO performance: Chinese evidence," Frontiers of Business Research in China, Springer, vol. 12(1), pages 1-18, December.
    • Handle: RePEc:spr:fobric:v:12:y:2018:i:1:d:10.1186_s11782-018-0040-z
    DOI: 10.1186/s11782-018-0040-z
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    References listed on IDEAS

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