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Age of managers and employees –Firm survival
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0001-6947-3859
Jönköping University, Jönköping International Business School, JIBS, Economics. Blekinge Institute of Technology, Karlskrona, Sweden.ORCID iD: 0000-0002-1315-9753
2020 (English)In: Journal of the Economics of Ageing, ISSN 2212-828X, Vol. 15, article id 100215Article in journal (Refereed) Published
Abstract [en]

Many developed countries will face a disproportionately large share of older individuals in the future. This change may lead to a labour force characterized by older employees and older operational managers. This paper contributes to the existing literature on the effect of aging on firm performance by performing an explorative analysis of how the age of the operational manager and the age composition of employees relate to the survival of Swedish firms during 2004–2013. We observe that the relationship between the age of the operational manager and firm exit changes functional shape when separated into different firm-size categories. Additionally, the age of the operational manager tends to be more important for new firms compared to incumbents. The share of older employees is positively associated with firm survival. 

Place, publisher, year, edition, pages
Elsevier, 2020. Vol. 15, article id 100215
Keywords [en]
Age, Employees, Firm age, Firm size, Firm survival, Operational manager
National Category
Economics Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-46863DOI: 10.1016/j.jeoa.2019.100215Scopus ID: 2-s2.0-85074492714OAI: oai:DiVA.org:hj-46863DiVA, id: diva2:1371510
Available from: 2019-11-20 Created: 2019-11-20 Last updated: 2019-11-20Bibliographically approved

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The full text will be freely available from 2021-10-25 00:01
Available from 2021-10-25 00:01

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Backman, MikaelaKarlsson, Charlie

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