To Your Health: Health Insurance, Self‐Employment Exit, and Older Entrepreneurs

Abstract

Drawing on a sample of 5,238 individuals in the Health and Retirement Study, we examined the relationship between having one's own health insurance and exit from self‐employment to employment. Our results indicate that individuals who have health insurance are less likely to exit self‐employment. When self‐employed individuals have their own health insurance, males, relative to females, are more likely to exit self‐employment. Additionally, when self‐employed individuals have their own health insurance, those who do not have health problems that limit work are more likely to exit. We discuss the implications that these findings have on the literature and policymakers.

The persistence of family firms: How does performance threshold affect family firm exit?

“…Research on family firms provides mixed evidence for the effect of family ownership on firm performance and exit strategies (Siebels and Zu Knyphausen-Aufseß, 2012). One explanation may be that firms' performance only partially explains exit decisions (Guenther et al, 2016;Wennberg et al, 2010), as entrepreneurs base their decisions on many factors (Taylor, 1999;Wolfe and Patel, 2019) and "performance is only one-and not necessarily the most important-determinant of organizational survival" (Meyer and Zucker, 1989, p. 9). Thus, the simple "poor performance leads to exit" model is underspecified and provides inadequate insights into family firms' exit decisions.…”