Du, Shanzhong; Ma, Lianfu - In: China journal of accounting research : CJAR 15 (2022) 3, pp. 1-25
can inhibit corporate innovation by intensifying agency conflicts, reducing corporate risk-taking and strengthening … ownership and less environmental uncertainty weaken the negative effect of non-actual controllers on corporate innovation. In … contrast, multiple large shareholders strengthen the inhibitory effect of non-actual controllers on corporate innovation, but …