Corporate innovation is an increasingly important topic that has attracted great attention from academic researchers in … Financial Economics, and the Review of Financial Studies) together published a total of only five papers on corporate innovation … the drivers and financing sources of corporate innovation …

Each company operates within the framework of interrelated structures: ownership, corporate governance and capital … notable difference is related to CEO-duality, which plays a significant role in corporate governance only in innovative firms …

developing economies with less well-developed financial markets. As innovation is a central driver of growth, it is therefore … important for policymakers to understand how different sources of financing may affect innovation. Extant literature emphasizes … the effect on innovation inclusive of other sources of external finance that may be particularly important in the …

idea that export intensity and innovation intensity are driving channels of exporting and innovative firms investment … export and innovation performances vanish firms investment sensitivity to financing constraints. Moreover, exporting firms … export intensity is significantly and positively sensitive to days receivable outstanding while innovative firms innovation …

control rights. Such externalities are reflected in the loan contract design. Borrowing firms sign less restrictive loan …

This paper examines the effect of creditor rights on bank loan contract design. Focusing on the conflict of interest …

When drafting a contract, it is often impossible for the parties to consider and specify in the contract all kinds of … incomplete. The parties can fill this incompleteness to some extent by including in the contract a mechanism to review the terms … conditions for the contract execution, to which contract counterparties can lead due to their actions considering the possible …

understanding heterogeneity in debt contract enforcement and credit constraints faced by distressed borrowers with financial …

understanding heterogeneity in debt contract enforcement and credit constraints faced by distressed borrowers with financial …