O1 Abstract
Aging Small Business Owner-managers and Business Exit : Longitudinal Investigation (2022)
von Bonsdorff, M., Tornikoski, E., Pynnönen, K., & Tolvanen, A. (2022). Aging Small Business Owner-managers and Business Exit : Longitudinal Investigation. Academy of Management Annual Meeting Proceedings, 2022(1). https://doi.org/10.5465/AMBPP.2022.15392abstract
JYU authors or editors
Publication details
All authors or editors: von Bonsdorff, Monika; Tornikoski, Erno; Pynnönen, Katja; Tolvanen, Asko
Conference:
- Academy of Management Annual Meeting
Place and date of conference: Seattle, USA, 5.-9.8.2022
Journal or series: Academy of Management Annual Meeting Proceedings
ISSN: 0065-0668
eISSN: 2151-6561
Publication year: 2022
Publication date: 06/07/2022
Volume: 2022
Issue number: 1
Publisher: Academy of Management
Publication country: United States
Publication language: English
DOI: https://doi.org/10.5465/AMBPP.2022.15392abstract
Publication open access: Not open
Publication channel open access:
Abstract
The context of this study is business exit decisions of aging small business owner-managers. Because of the intention-action gap that exists between the theoretical modeling and actual behavior, and the existence of multiple important goals (e.g. business exit, retirement), we do not fully grasp the social psychological mechanism underlying actual business exit among aging small business owner-managers. In our theorizing efforts, we argue that aging small business owner-managers' perceived control over a target behaviour (i.e. business exit), combined with higher levels of general self-efficacy, is likely to facilitate business exit intention turning into actual business exit. We collected empirical, longitudinal data among aging Finnish small business owner-managers to test a mediated moderated model. Our main empirical findings suggests that attitude-behavioural models (e.g. Theory of Planned behavior) can help us gain a deeper understanding of how intentions translate into actual behavior in situations with multiple important goals if they are coupled with more generic control beliefs, such as self-efficacy. This main finding has both theoretical and practical implications.
Keywords: small and medium-sized enterprises; entrepreneurs; ageing; retirement; leadership (activity); longitudinal research
Contributing organizations
Ministry reporting: Won't be reported
