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|Title:||Exit planning in small Australian firms||Contributor(s):||Kotey, Bernice A (author)||Publication Date:||2014||Handle Link:||https://hdl.handle.net/1959.11/17477||Abstract:||It is commonly held that small businesses have a high failure rate (Rob and Watson, 2012; Shane, 2008). However, close analysis of business owners who discontinue operations show that they do not all fail (Watson and Everett, 1999). Some business owners operate successfully and cease operations when they exit. Other businesses are continued in a different form with or without their owners. These businesses do not fail or become bankrupt and are not forced to close due to poor performance. Their owners exit voluntarily from healthy businesses. Voluntary exits are intentional; they involve transferring part or the whole of a viable business to others with the aim of securing maximum value for the owner's investment (DeTienne, 2010; DeTienne and Cardon, 2012).||Publication Type:||Book Chapter||Source of Publication:||Meeting the Globalisation Challenge: Smart and Innovative SMEs in a Globally Competitive Environment, p. 233-249||Publisher:||Tilde University Press||Place of Publication:||Prahran, Australia||ISBN:||9780734611925
|Field of Research (FOR):||150314 Small Business Management||Socio-Economic Outcome Codes:||900202 Professional, Scientific and Technical Services||HERDC Category Description:||B1 Chapter in a Scholarly Book||Other Links:||http://trove.nla.gov.au/version/209033143||Series Name:||SEAANZ Research Book Series||Statistics to Oct 2018:||Visitors: 98
|Appears in Collections:||Book Chapter|
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