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• W1998495220 abstract "Do entrepreneurs work less or harder when they borrow more? This article tests how entrepreneurial effort is affected by the firm's financing choice. In line with the typical agency theory prediction, entrepreneurial effort is negatively related to the magnitude of the equity financing. Furthermore, accounting for firm and entrepreneur heterogeneities, I find that entrepreneurs work less when they use more debt financing, and higher firm risk leads to greater entrepreneurial effort reductions." @default.
• W1998495220 created "2016-06-24" @default.
• W1998495220 creator A5018355886 @default.
• W1998495220 date "2010-05-01" @default.
• W1998495220 modified "2023-09-26" @default.
• W1998495220 title "Testing the effects of capital structure on entrepreneurial effort" @default.
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• W1998495220 doi "https://doi.org/10.1080/09603101003652391" @default.
• W1998495220 hasPublicationYear "2010" @default.
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