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Firms can change their outstanding shares to manage their stock price levels. Those with lower stock prices tend to attract more speculative trading, which causes higher price volatility and may force their managers to excessively focus on short-term earnings at the expense of R&D and other...
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While entrepreneurship characterizes an ideal form of self-sufficiency, in practice entrepreneurs find themselves subject to a complex network of support systems, which in effect exploit their talents, resources, and passion for structural risk mitigation. This dynamic infrastructure composed of...
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innovation in the case of China, using the autoregressive distributed lag (ARDL) approach to co-integration approach of … causality running from EPU to innovation. The future of China is uncertain, so when the economic uncertainty is higher, it … lowers the value of future activities of the economy of China. …
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