Using the regulation-induced initial public offering (IPO) suspensions in China as shocks that distract venture capitalists (VCs) from their other portfolio companies because they must pay attention to the suspended firms, we identify the reduced impact of their monitoring role on other...

Prior studies have documented the influences of the cultural values of collectivism and high power distance on creativity and innovation. However, despite the extensive body of upper echelons literature on how CEOs’ prior experiences affect firm behavior, we know little about how executives’...