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The Psychology of Business Exits: Me...
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Taylor, Allie.
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The Psychology of Business Exits: Measuring Entrepreneurial Role-Identity Fusion.
Record Type:
Electronic resources : Monograph/item
Title/Author:
The Psychology of Business Exits: Measuring Entrepreneurial Role-Identity Fusion./
Author:
Taylor, Allie.
Published:
Ann Arbor : ProQuest Dissertations & Theses, : 2017,
Description:
153 p.
Notes:
Source: Dissertation Abstracts International, Volume: 79-02(E), Section: A.
Contained By:
Dissertation Abstracts International79-02A(E).
Subject:
Organizational behavior. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10637313
ISBN:
9780355374254
The Psychology of Business Exits: Measuring Entrepreneurial Role-Identity Fusion.
Taylor, Allie.
The Psychology of Business Exits: Measuring Entrepreneurial Role-Identity Fusion.
- Ann Arbor : ProQuest Dissertations & Theses, 2017 - 153 p.
Source: Dissertation Abstracts International, Volume: 79-02(E), Section: A.
Thesis (Ph.D.)--The Chicago School of Professional Psychology, 2017.
Business owners in the low- to mid-market are the backbone of the global economy. Approximately eighty percent of these companies are privately held, they generate more wealth than any other group, and they employ 67% of the American workforce (Prisciotta & Weber, 2005; US Census, 2012). However, professional experience, industry trends, and popular literature describe the difficulties owners experience with transitioning from their role as owners and exiting their businesses (Burlingham, 2013; Peters, 2009; Prisciotta & Weber, 2005; PwC, 2014). Several of these reports identified a lack of documented exit strategy as a significant risk to continuity of the business, yet 63% of the owners have made no preparation for this inevitable event (Prisciotta & Weber, 2005). A comprehensive literature review was undertaken to better understand the psychological phenomenon associated with this process so that an informed theoretical model could be constructed. Based on the theoretical model, the first scale of an instrument to measure owner exit inclination, Entrepreneurial Role Identity Fusion (ERIF), was developed. The scale was adapted from an existing identity fusion model developed by Gomez et al. (2011) in consultation with Dr. William Swann of the University of Texas at Austin and it formed the basis of this study. The instrument was administered via online survey to successful low- to mid-market ($1M ? $500M annual revenue) business owners (n = 133). Both a 1-factor (Identity Fusion) and a 2-factor (Identity Fusion and Significance) solution were explored. The data indicated the 2-factor model is the better fit and Significance emerged as an additional dimension of interest. The theoretical model, results, and implications for future research are discussed.
ISBN: 9780355374254Subjects--Topical Terms:
516683
Organizational behavior.
The Psychology of Business Exits: Measuring Entrepreneurial Role-Identity Fusion.
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Business owners in the low- to mid-market are the backbone of the global economy. Approximately eighty percent of these companies are privately held, they generate more wealth than any other group, and they employ 67% of the American workforce (Prisciotta & Weber, 2005; US Census, 2012). However, professional experience, industry trends, and popular literature describe the difficulties owners experience with transitioning from their role as owners and exiting their businesses (Burlingham, 2013; Peters, 2009; Prisciotta & Weber, 2005; PwC, 2014). Several of these reports identified a lack of documented exit strategy as a significant risk to continuity of the business, yet 63% of the owners have made no preparation for this inevitable event (Prisciotta & Weber, 2005). A comprehensive literature review was undertaken to better understand the psychological phenomenon associated with this process so that an informed theoretical model could be constructed. Based on the theoretical model, the first scale of an instrument to measure owner exit inclination, Entrepreneurial Role Identity Fusion (ERIF), was developed. The scale was adapted from an existing identity fusion model developed by Gomez et al. (2011) in consultation with Dr. William Swann of the University of Texas at Austin and it formed the basis of this study. The instrument was administered via online survey to successful low- to mid-market ($1M ? $500M annual revenue) business owners (n = 133). Both a 1-factor (Identity Fusion) and a 2-factor (Identity Fusion and Significance) solution were explored. The data indicated the 2-factor model is the better fit and Significance emerged as an additional dimension of interest. The theoretical model, results, and implications for future research are discussed.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10637313
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