For any developing country, improving the quality of higher education institutions is of paramount interest to government agencies especially the Commission on Higher Education. Several reforms have taken place and that one of the initiatives being done is rationalizing the structure of public...

The country's higher education system assumed a new geographical configuration in the twenty-first century, under the impulse of two simultaneous processes of growth and reagglomeration, both characterized by a spatially less concentrated pattern. Thus, in addition to an evolution that has...

The concept of intermediation is central to current approaches to innovation policy. While the extant literature distinguishes between academia driven knowledge intermediaries supporting the commercialization of academic knowledge and public intermediaries focusing on the support of socio...

We analyze the role of universities or, more generally higher education institutions (HEIs), in terms of their regional and international embeddedness for regional knowledge base renewal. We assume that the introduction of radical patents in the sense of novel technological combinations...

How do firms repair their reputations after a serious accounting restatement? To answer this question, we review firms' press releases and identify 1,765 reputation-building actions taken by: (1) 94 restating firms in the periods before and after their restatement; and (2) a set of matched...

CEO activism — the practice of CEOs taking public positions on environmental, social, and political issues not directly related to their business — has become a hotly debated topic in corporate governance. To better understand the implications of CEO activism, we examine its prevalence, the...

We exploit unexpected corporate data breaches to study how firms respond to negative reputation events. Data breaches negatively affect firm profitability, value, and reputation for years following the event, but are not triggered by high or low reputations. In response, firms increase their...