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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
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
find that firms with more minority directors are associated with greater innovation output. Using patent …
Persistent link: https://www.econbiz.de/10012903049
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
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
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 study the relationship between corporate governance and firms' environmental innovation. Exploiting changes in …
Persistent link: https://www.econbiz.de/10013035974
innovation. Empirical results indicate that an increase in antitakeover provisions is negatively related to number of patents and … number of citations to patents. Thus managers who are protected from takeover market perform worse on innovation. However …, the negative relation between antitakeover provisions and firm innovation holds only for low-tech firms. For high …
Persistent link: https://www.econbiz.de/10013060331