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 …

The main study in my dissertation analyzes the effect of top management changes on corporate innovation in venture …. I find that top management changes are associated with more and higher quality corporate innovation. Further, such … management changes are primarily driven by VCs and the effect of management changes on innovation is stronger for firms where VCs …

results show that the firms run by overconfident managers actually invest more in R&D expenditures, even after controlling for … country, industry and time factors. Overconfident managers not only spend more on R&D but also amplify the effect of financial … determinants of R&D such as firm liquidity or profitability. Nevertheless, overconfident managers do not invest efficiently in R …