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The Role and Influence of Firm Founders

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Handbook of Top Management Teams

Abstract

The founder role is irrefutably essential to a well-functioning capitalist economy. The founding of new ventures fuels competition, delivers new products and services to the marketplace, and even creates entirely new categories of industry. In this article the key governance role of founder is conceptualised, and questions of how, why and when founders participate and successfully influence the firms that they found are addressed. In addition, recent academic results on the persistent influence of founder CEOs on governance and ownership arrangements, and stock valuation, are presented.

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Bibliography

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Authors
  1. Teresa Nelson
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Editor information

Editors and Affiliations

  1. Sorbonne Universités, Paris 2, France

    Frank Bournois (Professor of General Management and Leadership Development) & Jérôme Duval-Hamel (Professor and Co-Chairman of the Law and Business School) (Professor of General Management and Leadership Development) &  (Professor and Co-Chairman of the Law and Business School)

  2. EMLYON Business School, France

    Sylvie Roussillon (Professor in Leadership Development and Executive Coaching) (Professor in Leadership Development and Executive Coaching)

  3. Paris Chamber of Commerce and Industry, France

    Jean-Louis Scaringella (Deputy Director General) (Deputy Director General)

Copyright information

© 2010 Teresa Nelson

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Cite this chapter

Nelson, T. (2010). The Role and Influence of Firm Founders. In: Bournois, F., Duval-Hamel, J., Roussillon, S., Scaringella, JL. (eds) Handbook of Top Management Teams. Palgrave Macmillan, London. https://doi.org/10.1057/9780230305335_29

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