A theory based on property rights, predicting relationships between corporate governance mechanisms and corporate entrepreneurship, is developed in order to explain the entrepreneurial propensity of democratic member-based associations. The theory is tested on riding school associations. The findings indicate that the risk attitude of an association is influenced by the size of the market for managerial labour and the methods used in order to develop the manager of the organisation.
|Förlag||Department of Business Studies, Kristianstad University College|
|Status||Publicerad - 2004|
|Namn||Working paper series|
- Företagsekonomi (50202)