Knocking on Heaven's Door? Entrepreneurship, Firm Growth, and Health Risks

We examine the physical health consequences to entrepreneurs of firm growth and decline. Using register-based panel data (2000–2021), we find that entrepreneurs and hired CEOs are, on average, healthier and live longer than individuals from a socio-economically similar random sample from the general...

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Detalles Bibliográficos
Autores: Partanen, Jukka, Tenhiälä, Aino, Kautonen, Teemu, Jokela, Markus, Lerner, Daniel, McKelvie, Alexander
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:IE
Repositorio:Repositorio IE
OAI Identifier:oai:repositorio.ie.edu:20.500.14417/3488
Acceso en línea:https://doi.org/10.1177/10422587241280079
https://hdl.handle.net/20.500.14417/3488
Access Level:acceso abierto
Palabra clave:Entrepreneurship
CEO
Stress
Mortality
Health
High growth
Decline
Panel data
53 Ciencias Económicas::5311 Organización y dirección de empresas
ODS 5 - Igualdad de género
ODS 1 - Fin de la pobreza
ODS 9 - Industria, innovación e infraestructura
Descripción
Sumario:We examine the physical health consequences to entrepreneurs of firm growth and decline. Using register-based panel data (2000–2021), we find that entrepreneurs and hired CEOs are, on average, healthier and live longer than individuals from a socio-economically similar random sample from the general population. However, our findings also reveal that entrepreneurs are more likely to fall ill during their tenure and die younger than hired CEOs. Importantly, our findings demonstrate that both cumulative exposure to growth and episodic, rapid declines in sales and in the number of employees are equally taxing for entrepreneurs and hired CEOs.