sh.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Destructive entrepreneurship in the small business sector: bankruptcy fraud in Sweden, 1830–2010
Södertörn University, School of Social Sciences, Business Studies.ORCID iD: 0000-0003-0426-7936
Södertörn University, School of Social Sciences, Business Studies.
Södertörn University, School of Social Sciences, Economics.
2018 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, p. 1-21Article in journal (Refereed) Epub ahead of print
Abstract [en]

Entrepreneurship will not always productive: Baumol (1990, 1993) distinguishes between productive, unproductive, and destructive entrepreneurial activities, and in the last two cases, new values are not created. Setting of from the notion of destructive entrepreneurship and the bankruptcy institute as framework for the empirical analysis, we use long aggregate series on bankruptcies and bankruptcy frauds in Sweden, 1830–2010. We operationalize destructive entrepreneurship with bankruptcy frauds. The bankruptcy institute is not a pure cleansing mechanism; assets can be redistributed by criminal procedure. Thus, a form of destructive entrepreneurship can be conducted within this system. We link bankruptcy frauds to the selection mechanism—the aggregate bankruptcy volume—over time. We cannot establish any direct linkages between the bankruptcy volume and institutional changes. However, and in line with research on bankruptcy diffusion and diffusion of economic crimes, we find that bankruptcy frauds have significant, positive impacts on the bankruptcy volume. Therefore, our results indicate that increases in bankruptcy frauds, destructive entrepreneurship, would affect the economic system. © 2018 The Author(s)

Place, publisher, year, edition, pages
2018. p. 1-21
Keywords [en]
Bankruptcy, Bankruptcy fraud, Destructive entrepreneurship, Sweden
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:sh:diva-34934DOI: 10.1007/s11187-018-0043-3Scopus ID: 2-s2.0-85045625168OAI: oai:DiVA.org:sh-34934DiVA, id: diva2:1203752
Funder
Riksbankens Jubileumsfond, P12-1122:1Available from: 2018-05-04 Created: 2018-05-04 Last updated: 2018-05-04Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records BETA

Box, MarcusGratzer, KarlLin, Xiang

Search in DiVA

By author/editor
Box, MarcusGratzer, KarlLin, Xiang
By organisation
Business StudiesEconomics
In the same journal
Small Business Economics
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 38 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf