000 01691naa a2200229uu 4500
001 1082210424837
003 OSt
005 20190211175526.0
008 110822s2010 xx ||||gr |0|| 0 eng d
100 1 _aCASSAR, Gavin
_945355
245 1 0 _aAre individuals entering self-employment overly optimistic? an empirical test of plans and projections on nascent entrepreneur expectations
260 _aU.S.A :
_bWiley-Blackwell,
_caug. 2010
520 3 _aThis research examines the rationality of the expectations of nascent entrepreneurs. Consistent with conjectures regarding entry into self-employment, I find substantial overoptimism in nascent entrepreneurs' expectations, in that they overestimate the probability that their nascent activity will result in an operating venture. Further, for those ventures that achieve operation, individuals overestimate the expected future sales and employment. To explain variations in overoptimism, I posit that those individuals who adopt an inside view to forecasting through the use of plans and financial projections, will exhibit greater ex ante bias in their expectations. Consistent with the inside view causing overoptimism in expectations, I find that the preparation of projected financial statements results in more overly optimistic venture sale forecasts.
650 4 _aEmpreendedorismo
_913088
650 4 _912404
_a Tomada de Decisão
650 4 _aComportamento Humano
_911992
650 4 _aDesempenho Organizacional
_912927
773 0 8 _tStrategic Management Journal
_g31, 8, p. 822-840
_dU.S.A : Wiley-Blackwell, aug. 2010
_xISSN 01432095
_w
942 _cS
998 _a20110822
_b1042^b
_cFernanda
998 _a20111020
_b0945^b
_cKeicielle
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c40221
_d40221
041 _aeng