experience significantly better innovation outcomes, as measured by patents and future citations. We obtain these results in … CEOs on future innovation: firms whose CEO transitions to be an inventor experience positive abnormal stock returns …

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 …

about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …

's core business and explorative inventions. It implies that managers diversify their innovation portfolios and decrease …We investigate how CEO's risk incentive (vega) affects firm innovation. To establish causality, we exploit compensation … identification tests indicate a positive and causal effect of CEOs' vega on innovation activities. Furthermore, dampened managerial …

Whether a manager leads the innovation efforts of a firm in line with shareholder preferences has a substantial impact … general equilibrium model of firm-level innovation with agency frictions and endogenous determination of executive contracts … leads to more incentivized contracts and boosts innovation, with substantial benefits for the shareholders as well as the …

more sensitive to the firm's stock price the innovation performance of a firm improves. Entrenched managers, however, are …This paper investigates whether aligning manager and owner incentives can improve the innovation performance of firms …-term incentives have little impact on innovation. Higher managerial tenure increases the probability of R&D spending and innovation …

in American history, I find a positive relation between CEO cultural individualism and corporate innovation. Firms with …-in-differences estimation around CEO turnovers. Individualistic CEOs improve innovation by promoting a better work-life balance of employees …

its relation to various aspects of corporate financial policies and corporate innovation, and draw policy implications for … enhancing corporate innovation. First, we discuss how management quality has been measured in the recent empirical literature … investment policies, and on corporate innovation. Third, we consider the recent empirical literature on the relationship between …

I study the relationship between a Chief Executive Officer (CEO)'s uncommon name and corporate innovation. Consistent … between CEO name uncommonness and corporate innovation quantity but not quality. To mitigate endogeneity concerns, I use the … further show that the impact on innovation output is concentrated in the areas that are well-known to the company, of low …