Cefis, Elena (contributor); Marsili, Orietta (contributor) - 2007
firm exit employed in
most empirical studies, it separates the event of firm failure from the event of exit through …. Traditionally, studies in economics
have used the likelihood of survival (as opposed to exit), or its duration, as an indicator of …
firm performance (Audretsch, 1995; Klepper, 2002). Management studies, in contrast,
highlight exit as being part of the …