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We examine the effects of credit market accessibility and legal protection on corporate innovation in a pseudo-multinational setting emphasizing the channels through which the credit market and legal protection affect corporate innovation. Credit market accessibility promotes innovation by...
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We examine the impact of family-based human capital stemming from a chairperson’s having siblings vis-à-vis not having siblings on corporate innovation in Chinese family firms. Using hand-collected data, we document that when a firm has a sibling-chairperson, it holds more patents, receives...
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This study examines the impact of internal control on firm innovation using a sample of Chinese firms. The impact of the internal control system as a whole, as well as the impact of the five components of internal control individually (i.e., control environment, risk assessment, control...
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We study the impact of initial public offerings (IPOs) on corporate innovations in China. The findings suggest that going public significantly impedes corporate innovations by lowering overall innovation quality. For firms with shareholders selling or pledging less shares after IPO, the number...
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