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Institutional ownership and technological relatedness : a test of endogeneity

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Institutional ownership and technological relatedness: A test of endogeneity

Shin, Jongtae; Shin, Hyun - In: Journal of Business Research 66 (2013) 11, pp. 2279-2286

Building on the previous literature on corporate diversification, institutional ownership and firm innovation, this study proposes an endogenous relationship between institutional ownership and corporate technological relatedness. Technological relatedness is the degree to which a set of...

Persistent link: https://www.econbiz.de/10010869791