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Listing on the stock exchange and firm innovation

Author

Listed:
  • Yang, Fang
  • Ma, Yang
  • Tang, Xi
  • Ye, Xinhai
  • Chen, Xiaoye
  • Zhang, Ruochen

Abstract

This paper selects China's A-share listed companies from 2017 to 2022 as a research sample. It investigates the impact of listing on the innovation activities of enterprises and the mechanism of the role of stock exchange listing. It is found that stock exchange listing will have a significant inhibitory effect on corporate innovation; stock exchange listing affects corporate innovation by influencing the company's tax burden and the company's financing constraints.

Suggested Citation

  • Yang, Fang & Ma, Yang & Tang, Xi & Ye, Xinhai & Chen, Xiaoye & Zhang, Ruochen, 2024. "Listing on the stock exchange and firm innovation," Finance Research Letters, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324006858
    DOI: 10.1016/j.frl.2024.105655
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