Iftikhar, Kainat; Bagh, Tanveer; Khan, Muhammad Asif - In: Borsa Istanbul Review 24 (2024) 4, pp. 732-746
Amid ongoing discussion over the merits and demerits of litigation, this study addresses the impact of litigation risk on corporate innovation at Chinese listed firms from 2014 to 2022. We exploit Two-Stage GMM, DID model, and PSM techniques to address endogeneity. We find that both litigation...