Using data from China’s listed firms, we examine the relation between foreign residency rights (FFRs) and corporate innovation. The empirical results show that FFRs decrease corporate innovation. We further find that FFRs hinder corporate innovation by raising the financing cost. Moreover, the...

This study investigates the relationship between controlling persons with foreign residency rights (FRR) and their involvement in Chinese private enterprises' green innovation (GI) from 2007 to 2018. The study findings reveal a negative impact of FRR on GI, primarily due to increased financing...