Wiklund, Johan; Baker, Ted; Shepherd, Dean - In: Journal of Business Venturing 25 (2010) 4, pp. 423-437
This paper builds on the liabilities of newness literature to suggest that accounting information is important for new firms. Using a sample of over 30,000 companies followed during their first 7Â years of existence, we find evidence that financial indicators mitigate the liability of newness...