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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
innovation and product innovation using the PLS-SEM technique. The data for this study is collected from 150 managers of … managers' skills, technology adaptation, process innovation, and product innovation are positively and significantly related to … adaptation are positively and significantly related to process and product innovation. Indirect and total effects show that …
Persistent link: https://www.econbiz.de/10014505276
as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …Principle-agent theory suggests managers might under-invest into R&D for reasons of risk tied to project failure, such …
Persistent link: https://www.econbiz.de/10014181017
This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...
Persistent link: https://www.econbiz.de/10014046471
This paper investigates the impacts of CEOs’ research experiences on corporate innovation, and shows that the firms … managed by researcher CEOs have significantly higher investments in innovative activities, generate better innovation output … experiences on corporate innovation are causal. We also show that CEOs’ research experiences can mitigate agency problems, thereby …
Persistent link: https://www.econbiz.de/10013492371
This paper examines the role that managerial equity incentive schemes have on corporate innovation outcomes in …
Persistent link: https://www.econbiz.de/10013307338
incumbent employees. We propose that managers’ prosocial preferences, specifically their desire not to displace and harm their … employees, deter investing in automation innovation. Using both novel and previously-used proxies of prosocial preferences (e … reports, Machiavellianism score, and charity engagement), we show that managerial prosociality decreases automation innovation …
Persistent link: https://www.econbiz.de/10014345604
We investigate the relationship between internal governance and firms' innovation. We hypothesize that internal … firm's innovation. Using the age difference between a CEO and her subordinate executives as the primary measure of internal … governance, we find a strong positive relationship between internal governance and firms' innovation output, and scientific and …
Persistent link: https://www.econbiz.de/10014350097
green innovation, this paper investigates the influence of CEO reputation, a market-based incentive mechanism, on companies …’ green innovation behavior. Utilizing green patent data from Chinese A-share listed companies in Shanghai and Shenzhen … corporate green innovation behavior and underlying mechanisms. Our findings indicate that CEO reputation has a significantly …
Persistent link: https://www.econbiz.de/10014353510
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