Showing 1 - 4 of 4
We examine the impact of financial reporting on corporate innovation. We find that firms that exhibit more conservative financial reporting generate fewer patents. Their patents also result in fewer citations and lower economic benefits. These effects of conservative financial reporting on...
Persistent link: https://www.econbiz.de/10013036160
Persistent link: https://www.econbiz.de/10009785957
Persistent link: https://www.econbiz.de/10011703365
Extensive prior research documents significant inefficiencies of corporate capital expenditures. However, a firm's internal investment decision process remains mostly a black box. Using manually collected data, we document significant variations in capital expenditure budget execution....
Persistent link: https://www.econbiz.de/10012849935