Document Type
Article
Source of Publication
Entrepreneurship Theory and Practice
Publication Date
10-14-2024
Abstract
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.
DOI Link
ISSN
1540-6520
Publisher
Sage
First Page
1
Last Page
26
Disciplines
Business
Keywords
entrepreneurship, CEO, stress, mortality, health, high growth, decline, panel data
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Partanen, Jukka; Tenhiälä, Aino; Kautonen, Teemu; Jokela, Markus; Lerner, Daniel A.; and McKelvie, Alexander, "Knocking on Heaven’s Door? Entrepreneurship, Firm Growth, and Health Risks" (2024). All Works. 6897.
https://zuscholars.zu.ac.ae/works/6897
Indexed in Scopus
yes
Open Access
yes
Open Access Type
Gold: This publication is openly available in an open access journal/series