Post by arfanho7 on Feb 24, 2024 2:13:45 GMT -8
APRIL STRATEGIC MANAGEMENT JOURNAL Control and Value Creation in Startups By Wasserman Noam ABSTRACT—Does the degree to which founders keep control of their startups affect company value I argue that founders face a control dilemma in which a startup s resource dependence drives a wedge between the startup s value and the founder s ability to retain control of decision making. I develop hypotheses about this tradeoff and test the hypotheses on a unique dataset of American startups.
I find that startups in which the founder is still in control of the board of directors and or the CEO position are significantly less valuable than those in which the founder has given up control. On average each additional level of founder control i.e. controlling the board and or the CEO position reduces the pre money valuation of the startup by . . . APRIL BROOKINGS PAPERS Egypt WhatsApp Number List ON ECONOMIC ACTIVITY Seesaws and Social Security Benefits Indexing pdf By Weinzierl Matthew ABSTRACT—The price indexation of Social Security benefit payments has emerged in recent years as a flashpoint of debate in the United States.
I characterize the direct effects that changes in that price index would have on retirees who differ in their initial wealth at retirement and in their mortality rates after retirement. I propose a simple but flexible theoretical framework that converts benefits reform first into changes to retirees consumption paths and then into a net effect on social welfare. I calibrate that framework using recently produced data on Social Security beneficiaries by lifetime income decile and both existing and new survey evidence on the normative priorities Americans have regarding their Social Security benefits.
I find that startups in which the founder is still in control of the board of directors and or the CEO position are significantly less valuable than those in which the founder has given up control. On average each additional level of founder control i.e. controlling the board and or the CEO position reduces the pre money valuation of the startup by . . . APRIL BROOKINGS PAPERS Egypt WhatsApp Number List ON ECONOMIC ACTIVITY Seesaws and Social Security Benefits Indexing pdf By Weinzierl Matthew ABSTRACT—The price indexation of Social Security benefit payments has emerged in recent years as a flashpoint of debate in the United States.
I characterize the direct effects that changes in that price index would have on retirees who differ in their initial wealth at retirement and in their mortality rates after retirement. I propose a simple but flexible theoretical framework that converts benefits reform first into changes to retirees consumption paths and then into a net effect on social welfare. I calibrate that framework using recently produced data on Social Security beneficiaries by lifetime income decile and both existing and new survey evidence on the normative priorities Americans have regarding their Social Security benefits.