Kiyota, Kozo; Takizawa, Miho - Institute of Economic Research, Hitotsubashi University - 2007
heterogeneity of firm such as management effort played an important role in the firm survival. … before their exit. Besides, within a hair ’s
breadth of death, the unobserved heterogeneity of firm such as management … of firm, such as management efforts, cannot be
observed by researchers although it may have significant influence on the …