Replication data for: Eponymous Entrepreneurs
Principal Investigator(s): View help for Principal Investigator(s) Sharon Belenzon; Aaron K. Chatterji; Brendan Daley
Version: View help for Version V1
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EPO_AER_DO_FILES_JULY2017-FINAL | 10/12/2019 02:57:AM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/11/2019 10:57:PM |
Project Citation:
Belenzon, Sharon, Chatterji, Aaron K., and Daley, Brendan. Replication data for: Eponymous Entrepreneurs. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113022V1
Project Description
Summary:
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We demonstrate that eponymy—firms being named after their owners—is linked to superior firm performance, but is relatively uncommon (about 19 percent of firms in our data). We propose an explanation based on eponymy creating an association between the entrepreneur and her firm that increases the reputational benefits/costs of successful/unsuccessful outcomes. We develop a corresponding signaling model, which further predicts that these effects will be stronger for entrepreneurs with rarer names. We find support for the model's predictions using a unique panel dataset consisting of over 1.8 million firms.
Scope of Project
JEL Classification:
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D82 Asymmetric and Private Information; Mechanism Design
L25 Firm Performance: Size, Diversification, and Scope
L26 Entrepreneurship
M13 New Firms; Startups
D82 Asymmetric and Private Information; Mechanism Design
L25 Firm Performance: Size, Diversification, and Scope
L26 Entrepreneurship
M13 New Firms; Startups
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