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innovation. However, empirical findings have not been totally conclusive, and some seem contradictory. Adopting a new perspective … innovation for the period 1988-2018. The results suggest that certain aspects of boards, such as meeting frequency and the … proportions of independent directors and outsiders, show the most significant correlations with firm innovation, but the levels of …
Persistent link: https://www.econbiz.de/10014500918
. -- Familienunternehmen ; Corporate Governance ; Performance ; Innovation … to less innovation activity. In this study we investigate the innovation activity of 436 German manufacturing firms … management are detrimental to firm innovation, at the same time family control has a positive impact on innovation activities …
Persistent link: https://www.econbiz.de/10009514503
Previous studies on the effect of corporate governance on firm innovation shows mixed outcomes, while some reveal … innovation with special interest in indigenous oil firms in Nigeria, a Sub-Saharan country. The study adopted a cross sectional …, board commitment and board involvement have positive and statistically significant effects on firm innovation measures of …
Persistent link: https://www.econbiz.de/10014443589
This study documents a positive and robust effect of co-opted boards on firm innovation. This effect is mainly driven … of CEO pay-performance and turnover-performance. It suggests that co-opted boards promote innovation by insulating … managers' career concerns from innovation risk and supporting incentive contracts that motivate innovation. Overall, our study …
Persistent link: https://www.econbiz.de/10012829142
better innovation outcomes, measured by patents and citations, greater innovation effectiveness, and more diverse and … to identify CEOs who are likely to drive innovation success …
Persistent link: https://www.econbiz.de/10013006115
This paper studies whether board connectedness affects corporate innovation. We find that well-connected boards have a … positive impact on innovation activities and quality. The effect is stronger when firms have higher advising demand or face …
Persistent link: https://www.econbiz.de/10012964329
We study the relationship between corporate governance and firms' environmental innovation. Exploiting changes in …
Persistent link: https://www.econbiz.de/10013035974
Using panel data on U.S. public firms, we document a positive effect of board independence on corporate innovation … independence on innovation using a difference-in-difference approach that exploits an exogenous shock to board composition, namely …
Persistent link: https://www.econbiz.de/10012934703
exhibit superior quality innovation when they have both intensive R&D investment and strong external governance. These …
Persistent link: https://www.econbiz.de/10012935021
We examine whether institutional investors with short-term incentives affect firms' innovation performance. We find … innovation performance, as measured by patents and citations. To address potential endogeneity, we exploit the positive liquidity … concentrated short-term investors are less likely to engage in explorative innovation. We nevertheless also find that the negative …
Persistent link: https://www.econbiz.de/10012908541