While the trade literature has tended to view export activity and innovation as complementary activities, we present … amount of innovation, exporting, and endogenous financial capital structure is able to account for these empirical findings …

Institutional investors conduct more governance research and are less likely to follow proxy advisor vote … investors in improving governance. The findings do not concentrate on companies or shareholder proposals where creditor …

of a long-term contract between firms linked in the production process, and it is sustained in equilibrium by reputation …

impediment to corporate innovation. By contrast, without technological spillovers, innovation has the effect of stealing market … share from rivals; in that case, more common ownership reduces innovation. Empirically, the association between common … ownership and innovation inputs and outputs decreases with product market proximity and increases with technology proximity. The …

divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a … critical component of transitioning to a cleaner economy. Divestment could theoretically steer innovation by increasing the … investment opportunities. I argue that continuing to invest in dirty industries could drive green innovation conditional on …