| Title |
Investor preferences between the sharing economy and incumbent firms |
| ID_Doc |
73149 |
| Authors |
de Lange, D; Valliere, D |
| Title |
Investor preferences between the sharing economy and incumbent firms |
| Year |
2020 |
| Published |
|
| DOI |
10.1016/j.jbusres.2020.05.007 |
| Abstract |
Stakeholder theory has called for more research on competing interests. This research contributes by investigating investor preferences that affect the competing positions of incumbents and sharing-economy firms. The sharing economy promises wider distribution of benefits across stakeholders, which may influence investor attractiveness. So this research asks when sharing-economy firms are competitive for investor support in comparison with incumbents. Value creation and value capture are employed to develop hypotheses predicting investor interests. Using data from a matched sample of 334 firms, we find evidence of conditional investor preference for non-sharing firms, and conclude implications for the sharing economy and sustainable development. |
| Author Keywords |
Stakeholder theory; Sharing economy; Investment; Entrepreneurship; Sustainable development; Value capture |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000541934200004 |
| WoS Category |
Business |
| Research Area |
Business & Economics |
| PDF |
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