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Using patents and citations per R&D dollar as measures of innovation efficiency, we find that corporate policies that result in better treatment of employees and a more pro-diversity culture, specifically treatment of women and minorities, enhance future innovative efficiency, even after...
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Using patents and citations per R&D dollar as measures of innovation efficiency, we find that corporate policies that result in better treatment of employees and a more pro-diversity culture, specifically treatment of women and minorities, enhance future innovative efficiency, even after...
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We provide a comprehensive study of how different corporate governance mechanisms influence corporate innovation. Using panel data regression analysis across a sample of more than 13,600 firm-years for firms based in the United States between 1996-2010, we find that entrenched boards, though...
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