IDEAS home Printed from https://ideas.repec.org/a/taf/raaexx/v30y2023i4p986-1007.html
   My bibliography  Save this article

Population aging and corporate innovation: evidence from China

Author

Listed:
  • Bo Zhang
  • Ruixue Zhou
  • Limei Yang
  • Ximeng Zhang

Abstract

Using a sample of Chinese listed firms from 2007 to 2017, this study documents that corporate innovation is negatively associated with population aging, indicating that the aging workforce impedes corporate innovation. We further find evidence suggesting that education and stock-based incentive plans are two ways to alleviate the negative impact of population aging on corporate innovation. Our study complements existing research investigating the determinants of corporate innovation and extends the literature examining the economic consequences of population aging. This study also sheds light on the critical role of non-executive employees on corporate innovation.

Suggested Citation

  • Bo Zhang & Ruixue Zhou & Limei Yang & Ximeng Zhang, 2023. "Population aging and corporate innovation: evidence from China," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 30(4), pages 986-1007, July.
    • Handle: RePEc:taf:raaexx:v:30:y:2023:i:4:p:986-1007
    DOI: 10.1080/16081625.2022.2047741
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/16081625.2022.2047741
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/16081625.2022.2047741?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Ziyue & Yuan, Zhizhu, 2024. "Employee education level and the cost of equity capital," Finance Research Letters, Elsevier, vol. 62(PA).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:raaexx:v:30:y:2023:i:4:p:986-1007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/raae20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.