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This study examines the impact of staggered boards, poison pills, and unequal voting rights on corporate innovation intensity using a sample of listed firms in six Asian countries from 2010-2017. We analyze the differential effects of antitakeover provisions using the high order fixed effects...
Persistent link: https://www.econbiz.de/10013249988
Exploiting the staggered adoption of universal demand (UD) laws as a quasi-natural experiment and the difference in difference approach, we find that US firms in states that adopted UD laws reduced their green innovation output and quality relative to their counterparts. The causal relationship...
Persistent link: https://www.econbiz.de/10013295326