Showing 1 - 10 of 513
This paper presents a simple model for dual-class stock shares, in which common shareholders receive both public and private cash flows (i.e. dividends and any private benefit of holding voting rights) and preferred shareholders only receive public cash flows (i.e. dividends). The dual-class...
Persistent link: https://www.econbiz.de/10011523988
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to … be due to endogenous selection. -- Career Concerns ; Innovation ; Institutional Ownership ; Productivity and R&D …
Persistent link: https://www.econbiz.de/10008735730
ultimately affect innovation and productivity in Uruguayan service firms compared to manufacturing firms. The results show that …-technological (e.g., organizational or marketing) innovations. ICT and other innovation investments are positively associated with …
Persistent link: https://www.econbiz.de/10011472357
decades. The objective of this paper is to contribute to a better understanding of the innovation strategy and production … COVID-19, innovation, and technical efficiency for 13 Caribbean countries using the Innovation, Firm Performance, and Gender …
Persistent link: https://www.econbiz.de/10014461537
We study the effect of different types of barriers to innovation (financial, demand, knowledge, market, cooperation …, and regulatory barriers) on firm level innovation inputs and outputs. Using a pooled sample of three Chilean innovation … surveys, based on an instrumental variables approach, we find that the probability of generating innovation outcomes is …
Persistent link: https://www.econbiz.de/10011959251
Persistent link: https://www.econbiz.de/10011398695
cases policy should favour R&D by incumbents, not outsiders, and that stronger patent protection may reduce innovation and … growth. -- Technological Lead ; Innovation ; R&D …
Persistent link: https://www.econbiz.de/10008702831
This paper examines the price impact of trading due to expected changes in the FTSE 100 index composition, which employs publicly-known objective criteria to determine membership. Hence, it provides a natural context to investigate anticipatory trading effects. We propose a panel-regression...
Persistent link: https://www.econbiz.de/10011405289
The aim of this paper is to analyze the relationship between different types of uncertainty and stock returns of the renewable energy and the oil & gas sectors. We use the quantile regression approach developed by Koenker and d'Orey (1987; 1994) to assess which uncertainties are the potential...
Persistent link: https://www.econbiz.de/10012510024
The Security and Exchange Commission (SEC) has considered climate change as a risk issue since 2010. Several emission disclosure initiatives exist aimed at informing investors about the financial risks associated with a zero or low carbon transition. Stricter regulations, particularly in a few...
Persistent link: https://www.econbiz.de/10012694482