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Supporting small and medium enterprises (SMEs) to access finance has received rapidly-rising attention in recent years. In some countries, large buyers in supply chains are considering credit guarantee schemes (CGS) through which the credit coverage can be extended to assist their SME suppliers....
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We study information aggregation in organizational decision-making for the financing of entrepreneurial ventures. We introduce a formal model of voting where agents face costly tacit information to improve their decision quality. Equilibrium outcomes suggest a theoretical tension for group...
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We document and analyze board committee structures utilizing a novel dataset containing full board committee membership for over 6,000 firms. Board committees provide benefits (specialization, efficiency, and accountability benefits) and costs (information segregation). Consistent with these...
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The mobilization of resources is a central and defining feature of entrepreneurship. As the body of empirical research on entrepreneurial resource mobilization has grown, the literature has become increasingly fragmented. We review the literature on entrepreneurs' mobilization of resources,...
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