We develop a game-theoretic framework for the study of competition between firms who have budgets to "seed'' the …

We investigate whether pledgee competition affects the disclosure choice of firms whose controlling shareholders pledge … their shares. We find that pledgee competition is positively related to pledge firms' annual report tone management. This …. Further corroborating our results, higher pledgee competition increases the future crash risk of pledge firms. Collectively …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …