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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 …
Persistent link: https://www.econbiz.de/10011723785
of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type …
Persistent link: https://www.econbiz.de/10003985881
influence of outsiders is offset by the pressure to focus on innovation strategies. …
Persistent link: https://www.econbiz.de/10010478011
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 …
Persistent link: https://www.econbiz.de/10014500383
We examine the relationship of financial expert CEO on firm innovation. Using CEO individual level and firm-level data … significant negative impact on firm innovation. A financial expert CEO causes 17.5% decrease in firm innovation level. We argue … make a separate examination about this impact on innovation that acquired from outsiders …
Persistent link: https://www.econbiz.de/10012853087
innovation outputs between firms of media award-winning CEOs and a matched sample of predicted winners. However, firms headed by … analysts that follow them. These effects likely exert more pressure on managers to meet short-term goals and hence impede the … firms' innovation. We do not find the same effects for firms that have CEOs who win non-media awards. The latter category …
Persistent link: https://www.econbiz.de/10012822622
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 …
Persistent link: https://www.econbiz.de/10012895725
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
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 …
Persistent link: https://www.econbiz.de/10013069826
This paper examines the role that managerial equity incentive schemes have on corporate innovation outcomes in …
Persistent link: https://www.econbiz.de/10013307338