We show that competing downstream firms may rather invest in their inefficient inhouse production than help improve the technology of the efficient supplier, even if this is costless. Even worse, a downstream firm can have strong incentives to decrease the efficiency of the supplier in order to...

We examine the influences of top management succession on firm strategies in the case of innovation. Our main results show that top manager changes result in less innovation in Chinese listed companies. The evidence supports the hypothesis that succession events exert much pressure on managers...

Purpose - This paper aims to clarify the relationship between corporate governance (GOV) and business innovation (INOV). Does it provide the empirical evidence of how different GOV mechanisms affect INOV within listed Moroccan companies? Design/methodology/approach - The paper opted for a...