outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by Germany, with a gap to …

educated (high earning) and low educated (low earning) women, I exploit a major maternity leave benefit reform in Germany that …

quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …

This paper studies how hedge fund activism reshapes corporate innovation. Firms targeted by hedge fund activists … experience an improvement in innovation efficiency during the five-year period following the intervention. Despite a tightening … in R&D expenditures, target firms experience increases in innovation output, measured by both patent counts and citations …