Luo, Lianfa; Cheng, Zhiming; Ye, Qingqing; Cheng, Yanjun; … - 2023
We use the short-lived, but high-profile, China Top Brand Award to examine the causal effects of nonmonetary awards on firm innovation. To do so, we create a panel dataset by matching official China Top Brand Award recipients to the innovation outputs of listed companies. Results from...