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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 …
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This paper empirically examines the determinants of corporate environmental product and process innovations. In contrast to previous studies, we use panel data from the ASSET4 and Worldscope databases for firms from 25 European countries between 2004 and 2017. This allows us to control for...
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