Khan, Safi Ullah; Rizwan, Mohammad Faisal - In: Pakistan journal of commerce and social sciences 14 (2020) 4, pp. 913-961
technological innovation. We conduct this analysis by allowing the effect to vary according to the identity of the main shareholder … concentrated corporate ownership is negatively related to technological innovation propensity, a result contrary to the “agency … largest shareholder is a family, firms are likely to have lower technological innovation propensity than firms with a foreign …
