IDEAS home Printed from https://ideas.repec.org/e/c/phs8.html
   My authors  Follow this author

Po-Hsuan HSU

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Taylor, Mark & Hsu, Po-Hsuan & Wang, Zigan & Xu, Qi, 2021. "Currency Volatility and Global Technological Innovation," CEPR Discussion Papers 16611, C.E.P.R. Discussion Papers.

    Cited by:

    1. Sadeghi, Abdorasoul & Tayebi, Seyed Komail & Roudari, Soheil, 2023. "Financial markets, inflation and growth: The impact of monetary policy under different political structures," Journal of Policy Modeling, Elsevier, vol. 45(5), pages 935-956.

  2. David Hirshleifer & Po-Hsuan Hsu & Dongmei Li, 2017. "Innovative Originality, Profitability, and Stock Returns," NBER Working Papers 23432, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dong, Ming & Hirshleifer, David & Teoh, Siew Hong, 2021. "Misvaluation and Corporate Inventiveness," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(8), pages 2605-2633, December.
    2. Wei-Chuan Kao, 2018. "Innovation quality of firms with the research and development tax credit," Review of Quantitative Finance and Accounting, Springer, vol. 51(1), pages 43-78, July.
    3. Kong, Dongmin & Yang, Yiwei & Wang, Qin, 2023. "Innovative efficiency and firm value: Evidence from China," Finance Research Letters, Elsevier, vol. 52(C).
    4. Xianhai Huang & Yi Wang & Zhujun Zhu & Xueyin Song, 2022. "Quality of imported intermediates, innovation behaviour and markups: Firm‐level evidence from China," The World Economy, Wiley Blackwell, vol. 45(9), pages 2796-2819, September.
    5. Ahmed, Shamim & Bu, Ziwen & Symeonidis, Lazaros & Tsvetanov, Daniel, 2023. "Which factor model? A systematic return covariation perspective," Journal of International Money and Finance, Elsevier, vol. 136(C).
    6. Lee, Charles M. C. Lee & Sun, Stephen Teng & Wang, Rongfei & Zhang, Ran, 2017. "Technological Links and Predictable Returns," Research Papers repec:ecl:stabus:3605, Stanford University, Graduate School of Business.
    7. Po-Hsuan Hsu & Dongmei Li & Qin Li & Siew Hong Teoh & Kevin Tseng, 2022. "Valuation of New Trademarks," Management Science, INFORMS, vol. 68(1), pages 257-279, January.
    8. Heusel, Nicola & Mager, Ferdinand, 2023. "Pension funding and the cross section of stock returns - The case of Germany," Journal of Banking & Finance, Elsevier, vol. 150(C).
    9. Fedyk, Anastassia & Hodson, James, 2023. "When can the market identify old news?," Journal of Financial Economics, Elsevier, vol. 149(1), pages 92-113.
    10. Hsu, Po-Hsuan & Huang, Peng & Humphery-Jenner, Mark & Powell, Ronan, 2021. "Cross-border mergers and acquisitions for innovation," Journal of International Money and Finance, Elsevier, vol. 112(C).
    11. Kooli, Maher & Zhang, Aoran & Zhao, Yunfei, 2022. "How IPO firms' product innovation strategy affects the likelihood of post-IPO acquisitions?," Journal of Corporate Finance, Elsevier, vol. 72(C).
    12. Bedford, Anna & Ma, Le & Ma, Nelson & Vojvoda, Kristina, 2022. "Australian innovation: Patent database construction and first evidence," Pacific-Basin Finance Journal, Elsevier, vol. 73(C).
    13. Stoffman, Noah & Woeppel, Michael & Yavuz, M. Deniz, 2022. "Small innovators: No risk, No return," Journal of Accounting and Economics, Elsevier, vol. 74(1).
    14. Donald E. Bowen & Laurent Frésard & Gerard Hoberg, 2023. "Rapidly Evolving Technologies and Startup Exits," Management Science, INFORMS, vol. 69(2), pages 940-967, February.
    15. Francesco Paolo Appio & Luigi de Luca & Robert Morgan & Antonella Martini, 2019. "Patent portfolio diversity and firm profitability: A question of specialization or diversification?," Post-Print halshs-02292360, HAL.
    16. Jaimin Goh & Jaehong Lee & Wonchang Hur & Yunchang Ju, 2019. "Do Analysts Fully Reflect Information in Patents about Future Earnings?," Sustainability, MDPI, vol. 11(10), pages 1-17, May.
    17. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.
    18. Tseng, Kevin, 2022. "Learning from the Joneses: Technology spillover, innovation externality, and stock returns," Journal of Accounting and Economics, Elsevier, vol. 73(2).
    19. Chen Su & Hanxiong Zhang & Kenbata Bangassa & Nathan Lael Joseph, 2019. "On the investment value of sell-side analyst recommendation revisions in the UK," Review of Quantitative Finance and Accounting, Springer, vol. 53(1), pages 257-293, July.
    20. Ben Angelo & Mitchell Johnston, 2023. "Technological innovation and stock returns: Innovative skill versus innovative luck," The Financial Review, Eastern Finance Association, vol. 58(4), pages 811-832, November.
    21. Bereskin, Fred & Hsu, Po-Hsuan & Latham, William & Wang, Huijun, 2023. "So Sue Me! The cross section of stock returns related to patent infringement allegations," Journal of Banking & Finance, Elsevier, vol. 148(C).
    22. Shu, Tao & Tian, Xuan & Zhan, Xintong, 2022. "Patent quality, firm value, and investor underreaction: Evidence from patent examiner busyness," Journal of Financial Economics, Elsevier, vol. 143(3), pages 1043-1069.
    23. Rui Dai & Lawrence Donohue & Qingyi (Freda) Drechsler & Wei Jiang, 2023. "Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality," Review of Finance, European Finance Association, vol. 27(1), pages 79-141.
    24. Jiang, Cuiqing & Zhou, Yiru & Chen, Bo, 2023. "Mining semantic features in patent text for financial distress prediction," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    25. Hsu, David H. & Hsu, Po-Hsuan & Zhou, Tong & Ziedonis, Arvids A., 2021. "Benchmarking U.S. university patent value and commercialization efforts: A new approach," Research Policy, Elsevier, vol. 50(1).
    26. Anna Bedford & Le Ma & Nelson Ma & Kristina Vojvoda, 2021. "Patenting activity or innovative originality?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4191-4207, September.
    27. Xiaolu Xu & Leo L. Yang & Joseph H. Zhang, 2022. "How do auditors respond to client firms’ technological peer pressure? Evidence from going‐concern opinions," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(9-10), pages 1553-1580, October.
    28. James M. Plečnik & Leo L. Yang & Joseph H. Zhang, 2022. "Corporate innovation and future earnings: does early patent disclosure matter?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 2011-2056, April.
    29. Fengfei Li & Tse‐Chun Lin, 2022. "Innovative firms’ cash holdings, tax policies, and institutional environments," Financial Management, Financial Management Association International, vol. 51(3), pages 869-902, September.
    30. Winston Wei Dou & Yan Ji & David Reibstein & Wei Wu, 2021. "Inalienable Customer Capital, Corporate Liquidity, and Stock Returns," Journal of Finance, American Finance Association, vol. 76(1), pages 211-265, February.
    31. Sasan Bakhtiari, 2023. "Changing Nature of Patents in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 56(3), pages 288-307, September.
    32. Chiu, Junmao & Chen, Chin-Ho & Cheng, Chung-Chieh & Hung, Shih-Chang, 2021. "Knowledge capital, CEO power, and firm value: Evidence from the IT industry," The North American Journal of Economics and Finance, Elsevier, vol. 55(C).
    33. Afees A. Salisu & Riza Demirer & Rangan Gupta, 2023. "Technological Shocks and Stock Market Volatility Over a Century: A GARCH-MIDAS Approach," Working Papers 202308, University of Pretoria, Department of Economics.
    34. Ali Hussein Hadi & Ghassan Rashad Abdulhameed & Yasir Sahib Malik & Hakeem Hammood Flayyih, 2023. "The influence of information technology (IT) on firm profitability and stock returns," Eastern-European Journal of Enterprise Technologies, PC TECHNOLOGY CENTER, vol. 4(13 (124)), pages 87-93, August.
    35. Basse Mama, Houdou, 2018. "Nonlinear capital market payoffs to science-led innovation," Research Policy, Elsevier, vol. 47(6), pages 1084-1095.
    36. Bedford, Anna & Ma, Le & Ma, Nelson & Vojvoda, Kristina, 2021. "Future profitability and stock returns of innovative firms in Australia," Pacific-Basin Finance Journal, Elsevier, vol. 66(C).
    37. Huang, Tao & Li, Junye & Wu, Fei & Zhu, Ning, 2022. "R&D information quality and stock returns," Journal of Financial Markets, Elsevier, vol. 57(C).
    38. Machokoto, Michael & Gyimah, Daniel & Ntim, Collins G., 2021. "Do peer firms influence innovation?," The British Accounting Review, Elsevier, vol. 53(5).
    39. Liu, Xin & Yin, Chengxi & Zheng, Weinan, 2021. "The invisible burden," Journal of Financial Markets, Elsevier, vol. 52(C).
    40. Li, Xiaogang, 2020. "Innovation, market valuations, policy uncertainty and trade: Theory and evidence," ISU General Staff Papers 202001010800009179, Iowa State University, Department of Economics.
    41. Sharma, Susan Sunila & Narayan, Paresh Kumar, 2022. "Technology shocks and stock returns: A long-term perspective," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 67-83.
    42. Byun, Suk-Joon & Cho, Sangheum & Kim, Da-Hea, 2024. "Can a machine learn from behavioral biases? Evidence from stock return predictability of deep learning models," Journal of Behavioral and Experimental Finance, Elsevier, vol. 41(C).
    43. Jong-Hyun Kim & Yong-Gil Lee, 2024. "Investigating Technological Advancement Strategies for the Innovation Impact of Alternative Energy Patents," Sustainability, MDPI, vol. 16(2), pages 1-25, January.
    44. Po‐Hsuan Hsu & Kai Li & Chi‐Yang Tsou, 2023. "The Pollution Premium," Journal of Finance, American Finance Association, vol. 78(3), pages 1343-1392, June.
    45. Li, Xin & Nosheen, Safia & Haq, Naveed Ul & Gao, Xue, 2021. "Value creation during fourth industrial revolution: Use of intellectual capital by most innovative companies of the world," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    46. Tim Martens, 2023. "The disclosure function of the U.S. patent system: evidence from the PTDL program and extreme snowfall," Review of Accounting Studies, Springer, vol. 28(1), pages 237-264, March.
    47. Hsu, David H. & Hsu, Po-Hsuan & Zhao, Qifeng, 2021. "Rich on paper? Chinese firms’ academic publications, patents, and market value," Research Policy, Elsevier, vol. 50(9).
    48. Arts, Sam & Hou, Jianan & Gomez, Juan Carlos, 2021. "Natural language processing to identify the creation and impact of new technologies in patent text: Code, data, and new measures," Research Policy, Elsevier, vol. 50(2).
    49. Po-Hsuan Hsu & Hsiao-Hui Lee & Tong Zhou, 2022. "Patent Thickets, Stock Returns, and Conditional CAPM," Management Science, INFORMS, vol. 68(11), pages 8343-8367, November.
    50. Leila Davis & Joao Paulo A. de Souza, 2022. "Churning and profitability in the U.S. corporate sector," Metroeconomica, Wiley Blackwell, vol. 73(3), pages 924-957, July.
    51. Akhmadi Akhmadi & Yeni Januarsi, 2021. "Profitability and Firm Value: Does Dividend Policy Matter for Indonesian Sustainable and Responsible Investment (SRI)-KEHATI Listed Firms?," Economies, MDPI, vol. 9(4), pages 1-23, November.
    52. Ahmad, Fawad & Oriani, Raffaele, 2022. "Investor attention, information acquisition, and value premium: A mispricing perspective," International Review of Financial Analysis, Elsevier, vol. 79(C).

  3. Massa, Massimo & Huang, Sterling & Hsu, Po-Hsuan, 2015. "The New Lyrics of the Old Folks: The Role of Family Ownership in Corporate Innovation," CEPR Discussion Papers 10445, C.E.P.R. Discussion Papers.

    Cited by:

    1. Chih-Yang Tseng, 2020. "Family firms and long-term orientation of SG&A expenditures," Review of Quantitative Finance and Accounting, Springer, vol. 55(4), pages 1181-1206, November.
    2. Chi, Yung-Ling, 2022. "Owners’ portfolio diversification and internal capital allocation," Pacific-Basin Finance Journal, Elsevier, vol. 71(C).
    3. Erin H. Kao & Ho-Chuan Huang & Hung-Gay Fung & Xiaojian Liu, 2020. "Co-opted directors, gender diversity, and crash risk: evidence from China," Review of Quantitative Finance and Accounting, Springer, vol. 55(2), pages 461-500, August.
    4. Bena, Jan & Ferreira, Miguel A & Matos, Pedro & Pires, Pedro, 2017. "Are foreign investors locusts? The long-term effects of foreign institutional ownership," Journal of Financial Economics, Elsevier, vol. 126(1), pages 122-146.
    5. Chang, Hsiu-yun & Liang, Woan-lih & Wang, Yanzhi, 2019. "Do institutional investors still encourage patent-based innovation after the tech bubble period?," Journal of Empirical Finance, Elsevier, vol. 51(C), pages 149-164.
    6. Chi, Yung-Ling, 2023. "The agency costs of family ownership: Evidence from innovation performance," Journal of Banking & Finance, Elsevier, vol. 148(C).
    7. Gianpaolo Parise & Fabrizio Leone, 2018. "Family first? Nepotism and corporate investment," BIS Working Papers 693, Bank for International Settlements.

  4. Hirshleifer, David & hsu, po-hsuan & li, dongmei, 2014. "Don’t Hide Your Light Under a Bushel: Innovative Originality and Stock Returns," MPRA Paper 59835, University Library of Munich, Germany.

    Cited by:

    1. Oh, Jong-Min, 2017. "Absorptive capacity, technology spillovers, and the cross-section of stock returns," Journal of Banking & Finance, Elsevier, vol. 85(C), pages 146-164.

  5. Po-Hsuan Hsu & Chung-Ming Kuan, 2004. "Re-Examining the Profitability of Technical Analysis with White’s Reality Check," IEAS Working Paper : academic research 04-A003, Institute of Economics, Academia Sinica, Taipei, Taiwan.

    Cited by:

    1. Pereira, Pedro L. Valls, 2009. "Predictability of equity models," Textos para discussão 176, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).

Articles

  1. Bereskin, Fred & Hsu, Po-Hsuan & Latham, William & Wang, Huijun, 2023. "So Sue Me! The cross section of stock returns related to patent infringement allegations," Journal of Banking & Finance, Elsevier, vol. 148(C).

    Cited by:

    1. Hui Deng & Lingyun Xiong & Lijuan Xiao, 2024. "Does patent infringement litigation affect stock price crash risk? Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(1), pages 3-39, March.

  2. Hsu, Po-Hsuan & Taylor, Mark P. & Wang, Zigan & Xu, Qi, 2022. "Currency volatility and global technological innovation," Journal of International Economics, Elsevier, vol. 137(C).
    See citations under working paper version above.
  3. Po-Hsuan Hsu & Dongmei Li & Qin Li & Siew Hong Teoh & Kevin Tseng, 2022. "Valuation of New Trademarks," Management Science, INFORMS, vol. 68(1), pages 257-279, January.

    Cited by:

    1. Yang, Bin & An, Zhe & Gao, Xin & Li, Donghui, 2023. "Trademarks and the cost of equity capital," Journal of Corporate Finance, Elsevier, vol. 83(C).
    2. Xiao, Yangao & Han, Nianchen & Li, Rui & Ran, Huaqing & Zhou, Shihao & Tong, Tony W., 2024. "Trademarks and firm market value: Evidence from new trademark-firm linked data in China," Research Policy, Elsevier, vol. 53(2).
    3. Naveen Kumar & Liangfei Qiu & Subodha Kumar, 2022. "A Hashtag Is Worth a Thousand Words: An Empirical Investigation of Social Media Strategies in Trademarking Hashtags," Information Systems Research, INFORMS, vol. 33(4), pages 1403-1427, December.
    4. Li, Tongxia & Lu, Chun & Routledge, James, 2023. "Brand capital on debt maturity structure," Journal of Contemporary Accounting and Economics, Elsevier, vol. 19(3).

  4. Chen, I-Ju & Hsu, Po-Hsuan & Wang, Yanzhi, 2022. "Staggered boards and product innovations: Evidence from Massachusetts State Bill HB 5640," Research Policy, Elsevier, vol. 51(4).

    Cited by:

    1. Ganglmair, Bernhard & Robinson, W. Keith & Seeligson, Michael, 2022. "The rise of process claims: Evidence from a century of U.S. patents," ZEW Discussion Papers 22-011, ZEW - Leibniz Centre for European Economic Research.

  5. Almeida, Heitor & Hsu, Po-Hsuan & Li, Dongmei & Tseng, Kevin, 2021. "More Cash, Less Innovation: The Effect of the American Jobs Creation Act on Patent Value," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(1), pages 1-28, February.

    Cited by:

    1. Fan, Jianyong & Liu, Yu & Zhang, Qi & Zhao, Peng, 2022. "Does government debt impede firm innovation? Evidence from the rise of LGFVs in China," Journal of Banking & Finance, Elsevier, vol. 138(C).
    2. Dai, Yanke & Du, Ting & Gao, Huasheng & Gu, Yan & Wang, Yongqin, 2024. "Patent pledgeability, trade secrecy, and corporate patenting," Journal of Corporate Finance, Elsevier, vol. 85(C).
    3. Jennifer Kunz & Lara Sonnenholzner, 2023. "Managerial overconfidence: promoter of or obstacle to organizational resilience?," Review of Managerial Science, Springer, vol. 17(1), pages 67-128, January.
    4. Heller, David, 2024. "Financial market integration and the effects of financing constraints on innovation," Research Policy, Elsevier, vol. 53(4).
    5. Po‐Hsuan Hsu & Hai‐Ping Hui & Hsiao‐Hui Lee & Kevin Tseng, 2022. "Supply chain technology spillover, customer concentration, and product invention," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(2), pages 393-417, April.
    6. Hao, Jing, 2023. "Retail investor attention and corporate innovation in the big data era," International Review of Financial Analysis, Elsevier, vol. 86(C).
    7. Hedy Jiaying Huang & Ahsan Habib & Sophia Li Sun & Ying Liu & Huiting Guo, 2021. "Financial reporting and corporate innovation: a review of the international literature," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(4), pages 5439-5499, December.
    8. Chung-Chu Chuang & Chung-Min Tsai & Hsiao-Chen Chang & Yi-Hsien Wang, 2021. "Applying Quantile Regression to Assess the Relationship between R&D, Technology Import and Patent Performance in Taiwan," JRFM, MDPI, vol. 14(8), pages 1-14, August.

  6. Hsu, David H. & Hsu, Po-Hsuan & Zhou, Tong & Ziedonis, Arvids A., 2021. "Benchmarking U.S. university patent value and commercialization efforts: A new approach," Research Policy, Elsevier, vol. 50(1).

    Cited by:

    1. Nancy Kong & Uwe Dulleck & Adam B. Jaffe & Shupeng Sun & Sowmya Vajjala, 2020. "Linguistic Metrics for Patent Disclosure: Evidence from University Versus Corporate Patents," NBER Working Papers 27803, National Bureau of Economic Research, Inc.
    2. Plantec, Quentin & Cabanes, Benjamin & le Masson, Pascal & Weil, Benoit, 2023. "Early-career academic engagement in university–industry collaborative PhDs: Research orientation and project performance," Research Policy, Elsevier, vol. 52(9).
    3. Kim, Young-Choon & Kotha, Reddi & Rhee, Mooweon, 2024. "Do firms with technological capabilities rush in? Evidence from the timing of licensing of Stanford inventions," Journal of Business Research, Elsevier, vol. 178(C).
    4. Horner, Sam & Papageorgiadis, Nikolaos & Sofka, Wolfgang & Angelidou, Sofia, 2022. "Standing your ground: Examining the signaling effects of patent litigation in university technology licensing," Research Policy, Elsevier, vol. 51(10).
    5. Su-Chen Yu & Kuang-Hsun Shih, 2021. "Financial Market Reaction to Patent Lawsuits against Integrated Circuit Design Companies," JRFM, MDPI, vol. 14(9), pages 1-16, September.
    6. Xu, Aiting & Song, Miaoyuan & Xu, Shenyi & Wang, Wenpu, 2024. "Accelerated green patent examination and innovation benefits: An analysis of private economic value and public environmental benefits," Technological Forecasting and Social Change, Elsevier, vol. 200(C).

  7. Hsu, David H. & Hsu, Po-Hsuan & Zhao, Qifeng, 2021. "Rich on paper? Chinese firms’ academic publications, patents, and market value," Research Policy, Elsevier, vol. 50(9).

    Cited by:

    1. Jinhuan Tian & Yan Dong & Gianluca Vagnani & Peizhong Liu, 2023. "Green innovation and the stock market value of heavily polluting firms: The role of environmental compliance costs and technological collaboration," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4938-4953, November.
    2. Liu, Ziyu & Du, Yushen, 2022. "Open knowledge disclosure and technical standard competition in transition economies: A legitimacy perspective," Technology in Society, Elsevier, vol. 70(C).
    3. Rotolo, Daniele & Camerani, Roberto & Grassano, Nicola & Martin, Ben R., 2022. "Why do firms publish? A systematic literature review and a conceptual framework," Research Policy, Elsevier, vol. 51(10).
    4. Ceccagnoli, Marco & Lee, You-Na & Walsh, John P., 2024. "Reaching beyond low-hanging fruit: Basic research and innovativeness," Research Policy, Elsevier, vol. 53(1).
    5. Concepta McManus & Abilio Afonso Baeta Neves & Alvaro Toubes Prata, 2021. "Scientific publications from non-academic sectors and their impact," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(11), pages 8887-8911, November.
    6. Ju, Xiaosheng & Jiang, Shengjun & Zhao, Qifeng, 2023. "Innovation effects of academic executives: Evidence from China," Research Policy, Elsevier, vol. 52(3).
    7. Metzger, Philipp & Mendonça, Sandro & Silva, José A. & Damásio, Bruno, 2023. "Battery innovation and the Circular Economy: What are patents revealing?," Renewable Energy, Elsevier, vol. 209(C), pages 516-532.
    8. Nils Grashof & Alexander Kopka, 2023. "Artificial intelligence and radical innovation: an opportunity for all companies?," Small Business Economics, Springer, vol. 61(2), pages 771-797, August.
    9. Alvarez, Roberto & Bravo-Ortega, Claudio & Poniachik, Dan, 2023. "Understanding R&D transitions: From bottom to top?," Economic Systems, Elsevier, vol. 47(4).
    10. Zhang, Songlin & Miao, Xuaner & Zheng, Haoqing & Chen, Weihong & Wang, Huafeng, 2024. "Spatial functional division in urban agglomerations and carbon emission intensity: New evidence from 19 urban agglomerations in China," Energy, Elsevier, vol. 300(C).
    11. Zhao, Qifeng & Luo, Qianfeng & Tao, Yunqing, 2023. "The power of paper: Scientific disclosure and firm innovation," Finance Research Letters, Elsevier, vol. 56(C).

  8. Hsu, Po-Hsuan & Huang, Peng & Humphery-Jenner, Mark & Powell, Ronan, 2021. "Cross-border mergers and acquisitions for innovation," Journal of International Money and Finance, Elsevier, vol. 112(C).

    Cited by:

    1. Yang, Qing & Huang, Ying Sophie & Guo, Feng & Zhang, Jindan & Zhao, Xiaoyang, 2023. "Does public policy towards venture capital promote local innovation? Evidence from China's establishment of fund town," Finance Research Letters, Elsevier, vol. 52(C).
    2. Bao, Yangming & Li, Jie, 2024. "Cross-border M&A, gender-equal culture, and board gender diversity," Journal of Corporate Finance, Elsevier, vol. 84(C).
    3. Qiao, Lu & Dong, Weijia & Lv, Xin, 2023. "The heterogeneous impacts of M&As on renewable energy firms’ innovation: Comparative analysis of China, the US and EU," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 306-323.
    4. Maciej Zastempowski & Szymon Cyfert, 2022. "The role of strategic innovation activities in creating Spanish agriculture companies' innovativeness," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(6), pages 230-238.
    5. Cheng-Wei Wu & Jeffrey J. Reuer, 2021. "Effects of R&D Investments and Market Signals on International Acquisitions: Evidence from IPO Firms," JRFM, MDPI, vol. 14(5), pages 1-27, April.
    6. Udichibarna Bose, 2023. "Does green transition promote green innovation and technological acquisitions?," Working Papers w202305, Banco de Portugal, Economics and Research Department.
    7. Chen, Victor Zitian & Shapiro, Daniel M. & Li, Jing, 2022. "Cross-border acquisitions and R&D: Unpacking the impact on acquirers and targets," Finance Research Letters, Elsevier, vol. 47(PB).
    8. Qian, Xianhang & Qiu, Shanyun, 2023. "Political risk and corporate international supply chain," Journal of International Money and Finance, Elsevier, vol. 137(C).
    9. Kaufmann, Mattheo & Schiereck, Dirk, 2023. "Acquiring for innovation: Evidence from the U.S. technology industry," Journal of Economic Dynamics and Control, Elsevier, vol. 152(C).

  9. Gao, Huasheng & Hsu, Po-Hsuan & Li, Kai & Zhang, Jin, 2020. "The Real Effect of Smoking Bans: Evidence from Corporate Innovation," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 55(2), pages 387-427, March.

    Cited by:

    1. Li, Tongxia & Lu, Chun & Wang, Hui, 2023. "Stakeholder orientation and trade credit: Evidence from a natural experiment," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 15-34.
    2. Hu, Jun & Wu, Huiying & Ying, Sammy Xiaoyan, 2022. "Environmental regulation, market forces, and corporate environmental responsibility: Evidence from the implementation of cleaner production standards in China," Journal of Business Research, Elsevier, vol. 150(C), pages 606-622.
    3. Bailey, Warren B. & Cao, Xiaping & Yang, Zhenyi & Zhou, Sili, 2024. "Who leads and who follows? The cross-border peer effect in investment by Chinese and US firms," Journal of International Economics, Elsevier, vol. 147(C).
    4. Chatt, Robert & Gustafson, Matthew & Welker, Adam, 2021. "Firing frictions and the U.S. mergers and acquisitions market," Journal of Banking & Finance, Elsevier, vol. 128(C).
    5. Zhang, Weike & Luo, Qian & Liu, Shiyuan, 2022. "Is government regulation a push for corporate environmental performance? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 105-121.
    6. Chenlu Dang & Fan Wang & Zimo Yang & Hongxia Zhang & Yufeng Qian, 2022. "RETRACTED ARTICLE: Evaluating and forecasting the risks of small to medium-sized enterprises in the supply chain finance market using blockchain technology and deep learning model," Operations Management Research, Springer, vol. 15(3), pages 662-675, December.
    7. Zhongchao Dong & Haiou Du, 2024. "RETRACTED ARTICLE: Investing energy transition future: a comprehensive assessment of financial and non-financial factors that affect access to capital," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-25, June.
    8. Jiling Li & Zekai Lin & Xiaheng Zhang, 2023. "The Study on the Effectiveness of Sustainable Customer Relationship Management: Evidence from the Online Shopping Industry," Sustainability, MDPI, vol. 15(7), pages 1-21, March.
    9. Guoli Chen & Philipp Meyer‐Doyle & Wei Shi, 2021. "Hedge fund investor activism and human capital loss," Strategic Management Journal, Wiley Blackwell, vol. 42(12), pages 2328-2354, December.
    10. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    11. Armstrong, Christopher & Kepler, John D. & Samuels, Delphine & Taylor, Daniel, 2022. "Causality redux: The evolution of empirical methods in accounting research and the growth of quasi-experiments," Journal of Accounting and Economics, Elsevier, vol. 74(2).
    12. Xiuzhen, Xie & Zheng, Wenxiu & Umair, Muhammad, 2022. "Testing the fluctuations of oil resource price volatility: A hurdle for economic recovery," Resources Policy, Elsevier, vol. 79(C).
    13. Wei Zhao & ZhengShan Luo & Qilei Liu, 2023. "Does supply chain matter for environmental firm performance: mediating role of financial development in China," Economic Change and Restructuring, Springer, vol. 56(6), pages 3811-3837, December.
    14. Zeng, Jing & Dai, Fangjie & Chan, Kam C., 2023. "The impact of an accelerated depreciation tax policy on employment: Evidence from China," Journal of Asian Economics, Elsevier, vol. 86(C).
    15. Dai, Yanke & Du, Ting & Gao, Huasheng & Gu, Yan & Wang, Yongqin, 2024. "Patent pledgeability, trade secrecy, and corporate patenting," Journal of Corporate Finance, Elsevier, vol. 85(C).
    16. Zhuo Qiao & Zhaohua Li & Yanzhi Wang, 2023. "Air pollution and innovation-evidence from quasi-natural experiment of China’s Huai River policy," Review of Quantitative Finance and Accounting, Springer, vol. 60(2), pages 425-443, February.
    17. Zhi Cao & Yinping Mu, 2022. "Social and Environmental Regulations and Corporate Innovation," Sustainability, MDPI, vol. 14(23), pages 1-17, December.
    18. Stephanie Cheng & Pengkai Lin & Yinliang Tan & Yuchen Zhang, 2023. "“High” innovators? Marijuana legalization and regional innovation," Production and Operations Management, Production and Operations Management Society, vol. 32(3), pages 685-703, March.
    19. Lingfu Kong & Emrah Sofuoğlu & Balogun Daud Ishola & Shujaat Abbas & Qingran Guo & Khurshid Khudoykulov, 2024. "Sustainable development through structural transformation: a pathway to economic, social, and environmental progress," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-34, April.
    20. Zeng, Jing & Zhang, Bingqian & Li, Kevin K., 2024. "The impact of free trade zones on ESG performance: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 1110-1122.
    21. Luo, Yue & Chen, Yangyang & Lin, Ji-Chai, 2022. "Does air quality affect inventor productivity? Evidence from the NOx budget program," Journal of Corporate Finance, Elsevier, vol. 73(C).
    22. Jia, Jing & Li, Zhongtian, 2022. "Opioid abuse and corporate social responsibility," Finance Research Letters, Elsevier, vol. 49(C).
    23. Wang, Zigan & Yin, Qie Ellie & Yu, Luping, 2021. "Real effects of share repurchases legalization on corporate behaviors," Journal of Financial Economics, Elsevier, vol. 140(1), pages 197-219.
    24. Davis, Frederick & Khadivar, Hamed, 2024. "Accrual and real earnings management by rumored takeover targets," International Review of Financial Analysis, Elsevier, vol. 92(C).
    25. Shiyi Chen & Xiaoxiao Ding & Pingyi Lou & Hong Song, 2022. "New evidence of moral hazard: Environmental liability insurance and firms' environmental performance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 89(3), pages 581-613, September.
    26. Huawei Tian, 2023. "Does consumer social responsibility augment corporate social responsibility: A reciprocal analysis of external stakeholder from stakeholder theory perspective," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 968-978, March.
    27. Li, Guoxing & Yeh, Yin-Hua, 2023. "Western cultural influence on corporate innovation: Evidence from Chinese listed companies," Global Finance Journal, Elsevier, vol. 55(C).
    28. Du, He & Zhang, Chunguang, 2024. "Economic policy uncertainty and natural resources commodity prices: A comparative analysis of pre- and post-pandemic quantile trends in China," Resources Policy, Elsevier, vol. 88(C).
    29. Jia, Jing & Li, Zhongtian, 2024. "Opioid abuse and labor investment efficiency," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1267-1285.
    30. Yan Chen & Yingying Xin & Zhengying Luo & Min Han, 2021. "The Impact of Stable Customer Relationships on Enterprises’ Technological Innovation Based on the Mediating Effect of the Competitive Advantage of Enterprises," Sustainability, MDPI, vol. 13(7), pages 1-24, March.
    31. Olson, Adam J. & Yust, Christopher G. & Christensen, Brant E., 2023. "Are public health policies associated with corporate innovation? Evidence from U.S. nonsmoking laws," Research Policy, Elsevier, vol. 52(10).
    32. Jiao, Anqi & Lu, Juntai & Wei, Jia & Zhang, Wenqiao, 2023. "Do prosocial CEOs promote innovation?," Finance Research Letters, Elsevier, vol. 55(PB).
    33. Yu, Mengyan & Umair, Muhammad & Oskenbayev, Yessengali & Karabayeva, Zhаnsaya, 2023. "Exploring the nexus between monetary uncertainty and volatility in global crude oil: A contemporary approach of regime-switching," Resources Policy, Elsevier, vol. 85(PB).
    34. Tian, Li & Wang, Qianyun, 2024. "Improving mineral mining enterprises environmental performance through corporate social responsibility practices in China: Implications for minerals policymaking," Resources Policy, Elsevier, vol. 88(C).
    35. Zhao, Qifeng & Luo, Qianfeng & Tao, Yunqing, 2023. "The power of paper: Scientific disclosure and firm innovation," Finance Research Letters, Elsevier, vol. 56(C).
    36. Hailiang, Zeng & Chau, Ka Yin & Waqas, Muhammad, 2023. "Does green finance and renewable energy promote tourism for sustainable development: Empirical evidence from China," Renewable Energy, Elsevier, vol. 207(C), pages 660-671.
    37. Syed Abdul Rehman Khan & Adnan Ahmed Sheikh & Mubeen Ashraf & Zhang Yu, 2022. "Improving Consumer-Based Green Brand Equity: The Role of Healthy Green Practices, Green Brand Attachment, and Green Skepticism," Sustainability, MDPI, vol. 14(19), pages 1-17, September.
    38. Zeng, Jing & Chan, Kam C., 2023. "The tax incentives and corporate cash holdings: Evidence from a quasi-natural experiment of an accelerated depreciation tax policy for fixed assets," International Review of Financial Analysis, Elsevier, vol. 88(C).

  10. Chen, I-Ju & Hsu, Po-Hsuan & Officer, Micah S. & Wang, Yanzhi, 2020. "The Oscar goes to…: High-tech firms’ acquisitions in response to rivals’ technology breakthroughs," Research Policy, Elsevier, vol. 49(7).

    Cited by:

    1. Jens Foerderer & Nele Lueker & Armin Heinzl, 2021. "And the Winner Is …? The Desirable and Undesirable Effects of Platform Awards," Information Systems Research, INFORMS, vol. 32(4), pages 1155-1172, December.

  11. Gao, Huasheng & Hsu, Po-Hsuan & Li, Kai, 2018. "Innovation Strategy of Private Firms," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 53(1), pages 1-32, February.

    Cited by:

    1. French, Joseph J. & Fujitani, Ryosuke & Yasuda, Yukihiro, 2021. "Does stock market listing impact investment in Japan?," Journal of the Japanese and International Economies, Elsevier, vol. 59(C).
    2. Fu Cheng & Yuyang Kang & Jiayun Huang, 2024. "Registration System Reform and Enterprise Innovation: Evidence from a Quasi-Natural Experiment of the Registration-Based IPO System Reform Pilot in China," Sustainability, MDPI, vol. 16(17), pages 1-26, September.
    3. French, Joseph J. & Fujitani, Ryosuke & Yasuda, Yukihiro, 2020. "Under pressure: Listing status and disinvestment in Japan," Finance Research Letters, Elsevier, vol. 34(C).
    4. Chen, I-Ju & Hsu, Po-Hsuan & Officer, Micah S. & Wang, Yanzhi, 2020. "The Oscar goes to…: High-tech firms’ acquisitions in response to rivals’ technology breakthroughs," Research Policy, Elsevier, vol. 49(7).
    5. Mariassunta Giannetti & Xiaoyun Yu, 2021. "Adapting to Radical Change: The Benefits of Short-Horizon Investors," Management Science, INFORMS, vol. 67(7), pages 4032-4055, July.
    6. Ivan Lugovoi & Dimitrios A. Andritsos & Claire Senot, 2022. "Novelty and scope of process innovation: The role of related and unrelated manufacturing experience," Production and Operations Management, Production and Operations Management Society, vol. 31(10), pages 3877-3895, October.
    7. Allen, Franklin & Qian, Jun & Qian, Meijun, 2018. "A Review of China’s Institutions," CEPR Discussion Papers 13269, C.E.P.R. Discussion Papers.
    8. Su, Kun & Wu, Ji & Lu, Yue, 2022. "With trust we innovate: Evidence from corporate R&D expenditure," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    9. Cheng, Chen & Li, Wanrong & Liu, Guanchun & Liu, Yuanyuan, 2023. "Origin matters: Institutional imprinting and family firm innovation in China," Emerging Markets Review, Elsevier, vol. 55(C).
    10. Shang, Chenguang, 2020. "Trade credit and stock liquidity," Journal of Corporate Finance, Elsevier, vol. 62(C).
    11. Rui Torres de Oliveira & Simona Gentile-Lüdecke & Sandra Figueira, 2022. "Barriers to innovation and innovation performance: the mediating role of external knowledge search in emerging economies," Small Business Economics, Springer, vol. 58(4), pages 1953-1974, April.
    12. Lin-Hua Lu & Poh-Kam Wong, 2019. "Performance feedback, financial slack and the innovation behavior of firms," Asia Pacific Journal of Management, Springer, vol. 36(4), pages 1079-1109, December.
    13. Zhang, Xiaoqian & Yu, Mingqiang & Chen, Gaoquan, 2020. "Does mixed-ownership reform improve SOEs' innovation? Evidence from state ownership," China Economic Review, Elsevier, vol. 61(C).
    14. Xihui Chen & Juan Ou & Xuemei Tang & Qinghe Yang, 2023. "The Impact of Officials’ Off-Office Accountability Audit of Natural Resource Assets on Firms’ Green Innovation Strategies: A Quasi-Natural Experiment in China," Sustainability, MDPI, vol. 15(3), pages 1-36, February.
    15. Liu, Tong & Mao, Yifei & Tian, Xuan, 2023. "The role of human capital: Evidence from corporate innovation," Journal of Empirical Finance, Elsevier, vol. 74(C).
    16. Liu, Guanchun & Lu, Di & Yang, Jinyu, 2023. "Innovation for promotion: The effect of executive involvement on inventors' innovation choice," Journal of Corporate Finance, Elsevier, vol. 80(C).
    17. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    18. Huang, Yi-Hou & Liang, Woan-lih & Truong, Quang-Thai & Wang, Yanzhi, 2022. "No new tricks for old dogs? Old directors and innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    19. Qi Ma & Chi-Cheng Chang & Chin-Tsai Lin, 2021. "Detecting the Crisis of Supply Chain Management on E-Commerce for Sustainability Using Q-Technique," Sustainability, MDPI, vol. 13(16), pages 1-10, August.
    20. Hao, Xiangchao & Sun, Qinru & Xie, Fang, 2020. "Does foreign exchange derivatives market promote R&D? International industry-level evidence," Economic Modelling, Elsevier, vol. 91(C), pages 33-42.
    21. Zhao, Qifeng & Li, Zhen & Yu, Yihua, 2021. "Does top management quality promote innovation? Firm-level evidence from China," China Economic Review, Elsevier, vol. 65(C).
    22. Na, Ke, 2020. "CEOs’ outside opportunities and relative performance evaluation: evidence from a natural experiment," Journal of Financial Economics, Elsevier, vol. 137(3), pages 679-700.
    23. Dai, Yanke & Du, Ting & Gao, Huasheng & Gu, Yan & Wang, Yongqin, 2024. "Patent pledgeability, trade secrecy, and corporate patenting," Journal of Corporate Finance, Elsevier, vol. 85(C).
    24. Zhi Chen & Shenglan Huang & Chong Liu & Min Min & Liying Zhou, 2018. "Fit between Organizational Culture and Innovation Strategy: Implications for Innovation Performance," Sustainability, MDPI, vol. 10(10), pages 1-18, September.
    25. Taylor, Mark & Hsu, Po-Hsuan & Wang, Zigan & Xu, Qi, 2021. "Currency Volatility and Global Technological Innovation," CEPR Discussion Papers 16611, C.E.P.R. Discussion Papers.
    26. Liu, Zack & Schiff, Avishai & Swem, Nathan, 2024. "Access to capital and investment composition: Evidence from fracking in North Dakota," Journal of Banking & Finance, Elsevier, vol. 161(C).
    27. Wang, Jinbo & Ran, Maosheng & Huang, Qing & Li, Wanli, 2022. "Nationalization of private enterprises and default risk: Evidence from mixed-ownership reform in China," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 534-553.
    28. Takashi Yoshida, 2021. "The benefit of being public: Evidence from survival analysis of corporate financing," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 44(4), pages 839-874, December.
    29. Younge, Kenneth A. & Tong, Tony W., 2018. "Competitive pressure on the rate and scope of innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 162-181.
    30. Seong K. Byun & Jong-Min & Han Xia, 2021. "Incremental vs. Breakthrough Innovation: The Role of Technology Spillovers," Management Science, INFORMS, vol. 67(3), pages 1779-1802, March.
    31. Huang, Minjie & Kubick, Thomas R. & Tseng, Kevin, 2021. "Technology spillovers and the duration of executive compensation," Journal of Banking & Finance, Elsevier, vol. 131(C).
    32. Xiangchao Hao & Qingbin Meng & Kaijuan Gao & Kam C. Chan, 2020. "The impact of initial public offerings on innovations: Short‐termism or initial governance force exit?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(6), pages 924-942, September.
    33. Gao, Lei & Han, Jianlei & Pan, Zheyao & Zhang, Huixuan, 2023. "Individualistic CEO and corporate innovation: Evidence from U.S. frontier culture," Research Policy, Elsevier, vol. 52(9).
    34. Qing Wan & Xiaoke Cheng & Kam C. Chan & Shenghao Gao, 2021. "Born to innovate? The birth‐order effect of CEOs on corporate innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(9-10), pages 1846-1888, October.
    35. Po‐Hsuan Hsu & Hai‐Ping Hui & Hsiao‐Hui Lee & Kevin Tseng, 2022. "Supply chain technology spillover, customer concentration, and product invention," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(2), pages 393-417, April.
    36. Bostan, Ibrahim & Lin, Ji-Chai & Mian, G. Mujtaba, 2024. "Do firms manage their share prices to mitigate investor short-termism?," Journal of Corporate Finance, Elsevier, vol. 84(C).
    37. Lingfei Kong & Gunratan Lonare & Ahmet Nart, 2022. "Industry tournament incentives and corporate innovation strategies," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 45(1), pages 124-161, March.
    38. Kai Li & Jiaping Qiu & Jin Wang, 2019. "Technology Conglomeration, Strategic Alliances, and Corporate Innovation," Management Science, INFORMS, vol. 65(11), pages 5065-5090, November.
    39. Bustamante, Maria Cecilia & Zucchi, Francesca, 2023. "Innovation, industry equilibrium, and discount rates," Working Paper Series 2835, European Central Bank.
    40. Zhang, Ping & Wang, Yiru & Gao, Jieying, 2023. "Going public and innovation: Evidence from the ChiNext stock market," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 586-613.
    41. Malamud, Semyon & Zucchi, Francesca, 2019. "Liquidity, innovation, and endogenous growth," Journal of Financial Economics, Elsevier, vol. 132(2), pages 519-541.
    42. Dougal, Casey & Rettl, Daniel A., 2021. "Firm listing status and the investment home bias," Journal of Corporate Finance, Elsevier, vol. 71(C).
    43. Terence J. V. Saldanha & Arvin Sahaym & Sunil Mithas & Mariana Giovanna Andrade-Rojas & Abhishek Kathuria & Hsiao-Hui Lee, 2020. "Turning Liabilities of Global Operations into Assets: IT-Enabled Social Integration Capacity and Exploratory Innovation," Information Systems Research, INFORMS, vol. 31(2), pages 361-382, June.
    44. Nikhil Ramkrishna Bandodkar & Renu Singh, 2022. "Small and Startup IT Firms, Information Chasms, and the Market for Acquisitions," Businesses, MDPI, vol. 2(3), pages 1-21, September.
    45. Michael Machokoto & Tesfaye T. Lemma & Ouarda Dsouli & Rebecca Fakoussa & Eghosa Igudia, 2024. "Coupling men‐to‐women: Promoting innovation in emerging markets," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 3656-3677, July.
    46. Machokoto, Michael, 2024. "The impact of cultural orientation towards secrecy on innovation," Economics Letters, Elsevier, vol. 234(C).
    47. Chen, I-Ju & Hsu, Po-Hsuan & Wang, Yanzhi, 2022. "Staggered boards and product innovations: Evidence from Massachusetts State Bill HB 5640," Research Policy, Elsevier, vol. 51(4).
    48. Liu, Bai & Ju, Tao & Bai, Min & Yu, Chia-Feng (Jeffrey), 2021. "Imitative innovation and financial distress risk: The moderating role of executive foreign experience," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 526-548.
    49. Ho, Po-Hsin & Huang, Chia-Wei & Lin, Chih-Yung & Yen, Ju-Fang, 2024. "Risk culture in corporate innovation," International Review of Financial Analysis, Elsevier, vol. 91(C).
    50. Wang, Tao, 2023. "The ownership structure of corporate venture capital financing and innovation," Technovation, Elsevier, vol. 123(C).
    51. Yizhong Wang & Linying Lv & Shanqiao Xia, 2022. "Initial public offering, corporate innovation and total factor productivity: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(5), pages 4695-4726, December.
    52. Yang, Huan, 2021. "Institutional dual holdings and risk-shifting: Evidence from corporate innovation," Journal of Corporate Finance, Elsevier, vol. 70(C).
    53. Byun, Seong K. & Oh, Jong-Min & Xia, Han, 2023. "R&D tax credits, technology spillovers, and firms' product convergence," Journal of Corporate Finance, Elsevier, vol. 80(C).
    54. Onur Bayar & Yini Liu & Juan Mao, 2021. "How reverse merger firms raise capital in PIPEs: search costs and placement agent reputation," Review of Quantitative Finance and Accounting, Springer, vol. 56(1), pages 143-184, January.

  12. Frederick L. Bereskin & Po‐Hsuan Hsu & Wendy Rotenberg, 2018. "The Real Effects of Real Earnings Management: Evidence from Innovation," Contemporary Accounting Research, John Wiley & Sons, vol. 35(1), pages 525-557, March.

    Cited by:

    1. Chen, I-Ju & Hsu, Po-Hsuan & Officer, Micah S. & Wang, Yanzhi, 2020. "The Oscar goes to…: High-tech firms’ acquisitions in response to rivals’ technology breakthroughs," Research Policy, Elsevier, vol. 49(7).
    2. Jo, Eun Hye & Lee, Jung Wha, 2024. "Economic policy uncertainty and managerial short-termism," International Review of Financial Analysis, Elsevier, vol. 93(C).
    3. Chih-Yang Tseng, 2020. "Family firms and long-term orientation of SG&A expenditures," Review of Quantitative Finance and Accounting, Springer, vol. 55(4), pages 1181-1206, November.
    4. Weiwei Zhan & Hao Jing, 2022. "Does Fintech Development Reduce Corporate Earnings Management? Evidence from China," Sustainability, MDPI, vol. 14(24), pages 1-18, December.
    5. Gangopadhyay, Shubhashis & Homroy, Swarnodeep, 2023. "Do social policies foster innovation? Evidence from India's CSR regulation," Research Policy, Elsevier, vol. 52(1).
    6. Beckmann, Klaus S. & Escobari, Diego A. & Ngo, Thanh, 2019. "The real earnings management of cross-listing firms," Global Finance Journal, Elsevier, vol. 41(C), pages 128-145.
    7. Huang, Wei & Goodell, John W. & Zhang, Hong, 2019. "Pre-merger management in developing markets: The role of earnings glamor," International Review of Financial Analysis, Elsevier, vol. 65(C).
    8. Özgür, Arslan-Ayaydin & Thewissen, James & Torsin, Wouter, 2021. "Earnings Management Methods and CEO Political Affiliation," LIDAM Discussion Papers LFIN 2021017, Université catholique de Louvain, Louvain Finance (LFIN).
    9. Cumming, Douglas & Ji, Shan & Peter, Rejo & Tarsalewska, Monika, 2020. "Market manipulation and innovation," Journal of Banking & Finance, Elsevier, vol. 120(C).
    10. Yu Chen & Xiaoyan Chu & Jung Chul Park & Jared S. Soileau, 2022. "CEO religious university affiliation and financial reporting quality," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(1), pages 417-468, March.
    11. James Jianxin Gong & S. Mark Young & Aner Zhou, 2023. "Real earnings management and the strategic release of new products: evidence from the motion picture industry," Review of Accounting Studies, Springer, vol. 28(3), pages 1209-1249, September.
    12. Ozili, Peterson K, 2023. "Central bank digital currency and bank earnings management using loan loss provisions," MPRA Paper 116412, University Library of Munich, Germany.
    13. Xiangchao Hao & Qingbin Meng & Kaijuan Gao & Kam C. Chan, 2020. "The impact of initial public offerings on innovations: Short‐termism or initial governance force exit?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(6), pages 924-942, September.
    14. Galdi, Fernando Caio & Johnson, E. Scott, 2021. "Accounting for inventory costs and real earnings management behavior," Advances in accounting, Elsevier, vol. 53(C).
    15. Contreras, Salvador & Ghosh, Amit & Kong, Joon Ho, 2021. "Financial crisis, Bank failures and corporate innovation," Journal of Banking & Finance, Elsevier, vol. 129(C).
    16. Ahsan Habib & Dinithi Ranasinghe & Julia Yonghua Wu & Pallab Kumar Biswas & Fawad Ahmad, 2022. "Real earnings management: A review of the international literature," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(4), pages 4279-4344, December.
    17. Luminita Enache & Hila Fogel‐Yaari & Heather Li, 2022. "Signalling long‐term focus through textual emphasis on innovation: are firms putting their money where their mouth is?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(3), pages 3791-3836, September.
    18. Liu, Zheng & Shen, Hongtao & Welker, Michael & Zhang, Ning & Zhao, Yang, 2021. "Gone with the wind: An externality of earnings pressure," Journal of Accounting and Economics, Elsevier, vol. 72(1).
    19. Songsheng Chen & Jun Guo & Qingqing Liu & Xiaoxiao Tong, 2021. "The impact of XBRL on real earnings management: unexpected consequences of the XBRL implementation in China," Review of Quantitative Finance and Accounting, Springer, vol. 56(2), pages 479-504, February.
    20. Hedy Jiaying Huang & Ahsan Habib & Sophia Li Sun & Ying Liu & Huiting Guo, 2021. "Financial reporting and corporate innovation: a review of the international literature," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(4), pages 5439-5499, December.
    21. Ning, Shuying & Lin, Zhiyang, 2023. "Effect of accounting information manipulation on innovation: Evidence from China," Emerging Markets Review, Elsevier, vol. 56(C).
    22. Yizhong Wang & Linying Lv & Shanqiao Xia, 2022. "Initial public offering, corporate innovation and total factor productivity: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(5), pages 4695-4726, December.
    23. Li, Zhaochu & Lytvynenko, Iryna P. & Philippoff, Karl S., 2021. "Stock market reactions to R&D cuts used to manage earnings," International Review of Financial Analysis, Elsevier, vol. 77(C).
    24. Sun, Yanyang & Chen, Yu & Wu, Wenruo, 2024. "Short-term success and long-term failure? The case of GDP growth targets and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).

  13. David Hirshleifer & Po-Hsuan Hsu & Dongmei Li, 2018. "Innovative Originality, Profitability, and Stock Returns," The Review of Financial Studies, Society for Financial Studies, vol. 31(7), pages 2553-2605.
    See citations under working paper version above.
  14. Hsu, Po-Hsuan & Han, Qiheng & Wu, Wensheng & Cao, Zhiguang, 2018. "Asset allocation strategies, data snooping, and the 1 / N rule," Journal of Banking & Finance, Elsevier, vol. 97(C), pages 257-269.

    Cited by:

    1. Gilles Boevi Koumou, 2020. "Diversification and portfolio theory: a review," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 34(3), pages 267-312, September.
    2. Dichtl, Hubert & Drobetz, Wolfgang & Neuhierl, Andreas & Wendt, Viktoria-Sophie, 2021. "Data snooping in equity premium prediction," International Journal of Forecasting, Elsevier, vol. 37(1), pages 72-94.
    3. Hubert Dichtl & Wolfgang Drobetz & Viktoria‐Sophie Wendt, 2021. "How to build a factor portfolio: Does the allocation strategy matter?," European Financial Management, European Financial Management Association, vol. 27(1), pages 20-58, January.
    4. Mayoral, Silvia & Moreno, David & Zareei, Abalfazl, 2022. "Using a hedging network to minimize portfolio risk," Finance Research Letters, Elsevier, vol. 44(C).

  15. Po-Hsuan Hsu & Hsiao-Hui Lee & Shu-Cing Peng & Long Yi, 2018. "Natural Disasters, Technology Diversity, and Operating Performance," The Review of Economics and Statistics, MIT Press, vol. 100(4), pages 619-630, October.

    Cited by:

    1. Lé Mathias, 2022. "The adaptation of economies to climate change: lessons from the economic research [L’adaptation des économies au changement climatique : les enseignements tirés de la recherche économique]," Bulletin de la Banque de France, Banque de France, issue 239.
    2. Hasan, Iftekhar & Manfredonia, Stefano & Noth, Felix, 2021. "Cultural resilience, religion, and economic recovery: Evidence from the 2005 hurricane season," IWH Discussion Papers 9/2021, Halle Institute for Economic Research (IWH).
    3. Hasan, Iftekhar & Manfredonia, Stefano & Noth, Felix, 2020. "Cultural resilience and economic recovery: Evidence from Hurricane Katrina," IWH Discussion Papers 16/2020, Halle Institute for Economic Research (IWH).
    4. Bosco, Maria Giovanna & Valeriani, Elisa, 2023. "Energy retrofitting of firms after a natural disaster: A ‘build back better’ strategy," Energy Policy, Elsevier, vol. 179(C).
    5. Cirera,Xavier & Comin,Diego Adolfo & Vargas Da Cruz,Marcio Jose & Lee,Kyungmin & Torres Coronado,Jesica, 2022. "Technology and Resilience," Policy Research Working Paper Series 9949, The World Bank.
    6. Liu, Tie-Ying & Lin, Ye, 2023. "Does global warming affect unemployment? International evidence," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 991-1005.
    7. Anson T. Y. Ho & Kim Huynh & David T. Jacho-Chávez & Geneviève Vallée, 2023. "We Didn’t Start the Fire: Effects of a Natural Disaster on Consumers’ Financial Distress," Staff Working Papers 23-15, Bank of Canada.
    8. Ai, Li & Gao, Lucia S., 2023. "Firm-level risk of climate change: Evidence from climate disasters," Global Finance Journal, Elsevier, vol. 55(C).
    9. Guoqing Qian & Chuansong Duanmu & Nisar Ali & Adnan Khan & Sumeet Malik & Yong Yang & Muhammad Bilal, 2022. "Hazardous wastes, adverse impacts, and management strategies: a way forward to environmental sustainability," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(8), pages 9731-9756, August.
    10. Gómez, Jaime & Krammer, Sorin M.S. & Pérez-Aradros, Beatriz & Salazar, Idana, 2024. "Resilience to the pandemic: The role of female management, multi-unit structure, and business model innovation," Journal of Business Research, Elsevier, vol. 172(C).
    11. Zhang, Tianyu, 2022. "Independent directors and patenting strategies: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 81(C).
    12. Qiuyue Zhang & Yili Lin & Yu Cao, 2024. "From Financialization to Sustainability: The Impact of Climate Risks on Shadow Banking Activities in Non-Financial Firms in China," Sustainability, MDPI, vol. 16(19), pages 1-20, October.
    13. Machokoto, Michael & Gyimah, Daniel & Ntim, Collins G., 2021. "Do peer firms influence innovation?," The British Accounting Review, Elsevier, vol. 53(5).
    14. Yuzuka Kashiwagi, 2020. "The Heterogeneous Impact of Post-Disaster Subsidies on Small and Medium Firms," Economics of Disasters and Climate Change, Springer, vol. 4(3), pages 601-623, October.
    15. Yujue Wang, 2022. "Short-term shock, long-lasting payment: Evidence from the Lushan Earthquake," Papers 2212.01553, arXiv.org, revised Dec 2022.
    16. Liang, Chen & Zhu, Minghao & Lee, Peter K.C. & Cheng, T.C.E. & Yeung, Andy C.L., 2024. "Combating extreme weather through operations management: Evidence from a natural experiment in China," International Journal of Production Economics, Elsevier, vol. 267(C).
    17. Hoskins, Jake D. & Carson, Stephen J., 2022. "Industry conditions, market share, and the firm’s ability to derive business-line profitability from diverse technological portfolios," Journal of Business Research, Elsevier, vol. 149(C), pages 178-192.
    18. Michele Battisti & Filippo Belloc & Massimo Del Gatto, 2023. "COVID-19, Innovative Firms and Resilience," WIPO Economic Research Working Papers 73, World Intellectual Property Organization - Economics and Statistics Division.
    19. Feng, Cong & Fay, Scott, 2020. "Store Closings and Retailer Profitability: A Contingency Perspective," Journal of Retailing, Elsevier, vol. 96(3), pages 411-433.
    20. Wang, Qilin & Huang, Yehua & Zhao, Mengyao & Liu, Jinzhao, 2024. "Do natural disasters hinder analysts’ information production of non-affected firms?," Economics Letters, Elsevier, vol. 234(C).

  16. Bhattacharya, Utpal & Hsu, Po-Hsuan & Tian, Xuan & Xu, Yan, 2017. "What Affects Innovation More: Policy or Policy Uncertainty?," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 52(5), pages 1869-1901, October.

    Cited by:

    1. Ren, Meixu & Zhao, Jingmei & Ke, Konglin & Li, Yidong, 2023. "Bank homogeneity and risk-taking: Evidence from China," The Quarterly Review of Economics and Finance, Elsevier, vol. 92(C), pages 142-154.
    2. Wang, Quan-Jing & Feng, Gen-Fu & Chen, Yin E. & Wen, Jun & Chang, Chun-Ping, 2019. "The impacts of government ideology on innovation: What are the main implications?," Research Policy, Elsevier, vol. 48(5), pages 1232-1247.
    3. Wei-Fong Pan, 2019. "Geopolitical Risk and R&D investment," Economics Discussion Papers em-dp2019-11, Department of Economics, University of Reading.
    4. Cohle, Zachary & Ortega, Alberto, 2023. "The effect of the opioid crisis on patenting," Journal of Economic Behavior & Organization, Elsevier, vol. 214(C), pages 493-521.
    5. Ma, Rufei & Cai, Huan & Ji, Qiang & Zhai, Pengxiang, 2021. "The impact of feed-in tariff degression on R&D investment in renewable energy: The case of the solar PV industry," Energy Policy, Elsevier, vol. 151(C).
    6. Huang, Ying Sophie & Wu, Jiajia & Guo, Feng, 2022. "Venture capital staging under economic policy uncertainty," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 572-596.
    7. Zhang, Zhengyong & Xu, Zefeng & Ding, Yi, 2023. "Do economic growth target constraints affect firm innovation?," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 373-388.
    8. Sammy G. Muriithi & Bruce A. Walters & William R. McCumber & Luis R. Robles, 2022. "Managerial entrenchment and corporate social responsibility engagement: the role of economic policy uncertainty," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(2), pages 621-640, June.
    9. Xia, Xiaoxue & Xiao, Yao, 2023. "Firm-level perception of competition and innovation: Textual evidence from China," Finance Research Letters, Elsevier, vol. 53(C).
    10. Hinh Khieu & Nam H. Nguyen & Hieu V. Phan & Jon A. Fulkerson, 2023. "Political Corruption and Corporate Risk-Taking," Journal of Business Ethics, Springer, vol. 184(1), pages 93-113, April.
    11. Suham Cahyono & Iman Harymawan & Khairul Anuar Kamarudin, 2023. "The impacts of tenure diversity on boardroom and corporate carbon emission performance: Exploring from the moderating role of corporate innovation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2507-2535, September.
    12. Fan, Jianyong & Liu, Yu & Zhang, Qi & Zhao, Peng, 2022. "Does government debt impede firm innovation? Evidence from the rise of LGFVs in China," Journal of Banking & Finance, Elsevier, vol. 138(C).
    13. Oskar Kowalewski & Muhammad Farooq Ahmad & Saqib Aziz & Rwan El-Khatib, 2022. "Firm-Level Political Risk and Dividend Payout," Working Papers 2022-ACF-04, IESEG School of Management.
    14. Amin, Md Ruhul & Wang, Xinyu & Aktas, Elvan, 2023. "Does oil price uncertainty affect corporate innovation?," Energy Economics, Elsevier, vol. 118(C).
    15. Ho, Chun-Yu & Huang, Shaoqing & Shi, Hao & Wu, Jun, 2018. "Financial deepening and innovation: The role of political institutions," World Development, Elsevier, vol. 109(C), pages 1-13.
    16. Daniel Tut, 2022. "Policy uncertainty and cash dynamics," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 45(2), pages 422-444, June.
    17. Liu, Yun & Gao, Qun, 2024. "Economic policy uncertainty and enterprise innovation in China: From the perspective of equity financing and financing structure," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 17-33.
    18. Youtao Xiang & Sumuya Borjigin, 2024. "High–low volatility spillover network between economic policy uncertainty and commodity futures markets," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 44(8), pages 1295-1319, August.
    19. Aibai, Abuduwali & Peng, Yuchao & Shen, Peiyi & Xu, Hongmei, 2022. "Can local policy uncertainty curtail corporate speculation on financial assets?," International Review of Financial Analysis, Elsevier, vol. 83(C).
    20. Francesco Aiello & Graziella Bonanno & Stefania Patrizia Sonia Rossi, 2019. "Risk Aversion And Entrepreneurship: Financing Innovation For Smes Across Europe. Evidence From Multilevel Models," Working Papers 201902, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    21. El Ghoul, Sadok & Guedhami, Omrane & Mansi, Sattar & Wang, He (Helen), 2023. "Economic policy uncertainty, institutional environments, and corporate cash holdings," Research in International Business and Finance, Elsevier, vol. 65(C).
    22. Yuchen Lin & Daxin Dong & Jiaxin Wang, 2021. "The Negative Impact of Uncertainty on R&D Investment: International Evidence," Sustainability, MDPI, vol. 13(5), pages 1-21, March.
    23. Luo, Deming & Jiang, Sainan & Yao, Zhongwei, 2023. "Economic policy uncertainty and mutual fund risk shifting," Pacific-Basin Finance Journal, Elsevier, vol. 77(C).
    24. Bhambhwani, Siddharth M., 2022. "Disruption and stock markets: Evidence from Hong Kong," International Review of Financial Analysis, Elsevier, vol. 81(C).
    25. Al-Thaqeb, Saud Asaad & Algharabali, Barrak Ghanim, 2019. "Economic policy uncertainty: A literature review," The Journal of Economic Asymmetries, Elsevier, vol. 20(C).
    26. Woo‐Jong Lee & Jeffrey Pittman & Walid Saffar, 2020. "Political Uncertainty and Cost Stickiness: Evidence from National Elections around the World," Contemporary Accounting Research, John Wiley & Sons, vol. 37(2), pages 1107-1139, June.
    27. Taehyun Kim & Quoc H Nguyen, 2020. "The Effect of Public Spending on Private Investment," Review of Finance, European Finance Association, vol. 24(2), pages 415-451.
    28. Onal, Bunyamin, 2023. "Do politically connected directors play an information role under policy uncertainty?," Journal of Multinational Financial Management, Elsevier, vol. 68(C).
    29. Ongsakul, Viput & Treepongkaruna, Sirimon & Jiraporn, Pornsit & Uyar, Ali, 2021. "Do firms adjust corporate governance in response to economic policy uncertainty? Evidence from board size," Finance Research Letters, Elsevier, vol. 39(C).
    30. Bedford, Anna & Ma, Le & Ma, Nelson & Vojvoda, Kristina, 2022. "Australian innovation: Patent database construction and first evidence," Pacific-Basin Finance Journal, Elsevier, vol. 73(C).
    31. Acciai, Claudia, 2021. "The politics of research and innovation: Understanding instrument choices in complex governance environments – the case of France and Italy," Research Policy, Elsevier, vol. 50(9).
    32. He, Feng & Ma, Yaming & Zhang, Xiaojie, 2020. "How does economic policy uncertainty affect corporate Innovation?–Evidence from China listed companies," International Review of Economics & Finance, Elsevier, vol. 67(C), pages 225-239.
    33. Liu, Baohua & Zhou, Wei & Chan, Kam C. & Chen, Yining, 2020. "Corporate executives with financial backgrounds: The crowding-out effect on innovation investment and outcomes," Journal of Business Research, Elsevier, vol. 109(C), pages 161-173.
    34. Haoyuan Ding & Bo Pu & Tong Qi & Kai Wang, 2022. "Valuation effects of the US–China trade war: The effects of foreign managers and foreign exposure," Journal of Economic Surveys, Wiley Blackwell, vol. 36(3), pages 662-683, July.
    35. Shang, Longfei & Lin, Ji-Chai & Saffar, Walid, 2021. "Does economic policy uncertainty drive the initiation of corporate lobbying?," Journal of Corporate Finance, Elsevier, vol. 70(C).
    36. Chen, Yanyan, 2022. "Does political turnover affect corporate investment? Evidence from China," Emerging Markets Review, Elsevier, vol. 51(PA).
    37. Shen, Huayu & Hou, Fei, 2021. "Trade policy uncertainty and corporate innovation evidence from Chinese listed firms in new energy vehicle industry," Energy Economics, Elsevier, vol. 97(C).
    38. Ke Mao & Junxin Huang, 2022. "How Does Climate Policy Uncertainty Affect Green Innovation? Evidence from China," IJERPH, MDPI, vol. 19(23), pages 1-14, November.
    39. Shafiullah, Muhammad & Miah, Mohammad Dulal & Alam, Md Samsul & Atif, Muhammad, 2021. "Does economic policy uncertainty affect renewable energy consumption?," Renewable Energy, Elsevier, vol. 179(C), pages 1500-1521.
    40. Yuan, Tiezhen & Wu, Ji (George) & Qin, Ni & Xu, Jian, 2022. "Being nice to stakeholders: The effect of economic policy uncertainty on corporate social responsibility," Economic Modelling, Elsevier, vol. 108(C).
    41. Lee, Chien-Chiang & Chang, Yu-Fang & Wang, En-Ze, 2022. "Crossing the rivers by feeling the stones: The effect of China's green credit policy on manufacturing firms' carbon emission intensity," Energy Economics, Elsevier, vol. 116(C).
    42. Zhou, Yuqin & Liu, Zhenhua & Wu, Shan, 2022. "The global economic policy uncertainty spillover analysis: In the background of COVID-19 pandemic," Research in International Business and Finance, Elsevier, vol. 61(C).
    43. Vincent Tawiah & Abdulrasheed Zakari, 2024. "Government political ideology and green innovation: evidence from OECD countries," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-22, June.
    44. Wang, Fengrong & Mbanyele, William & Muchenje, Linda, 2022. "Economic policy uncertainty and stock liquidity: The mitigating effect of information disclosure," Research in International Business and Finance, Elsevier, vol. 59(C).
    45. Kai Zhao & Huahua Huang & Wanshu Wu, 2022. "State-Level Urban Agglomeration and Enterprise Innovation: A Quasi-Natural Experiment," Sustainability, MDPI, vol. 14(15), pages 1-17, July.
    46. Cui Zhang & Xiongjin Feng & Yanzhen Wang, 2022. "Technology Spillovers among Innovation Agents from the Perspective of Network Connectedness," Mathematics, MDPI, vol. 10(16), pages 1-17, August.
    47. Wang, Heng & Wei, Siqi & Zhu, Xiaoyang, 2023. "Stand in the wind: Market power reformation during uncertain periods," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 12-28.
    48. Xu, Zhaoxia, 2020. "Economic policy uncertainty, cost of capital, and corporate innovation," Journal of Banking & Finance, Elsevier, vol. 111(C).
    49. Ding, Na & Gu, Leilei & Peng, Yuchao, 2022. "Fintech, financial constraints and innovation: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 73(C).
    50. Shen, Huayu & Liu, Runxin & Xiong, Hao & Hou, Fei & Tang, Xiaoyi, 2021. "Economic policy uncertainty and stock price synchronicity: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 65(C).
    51. Bin Wang & Samia Khalid & Hamid Mahmood, 2024. "R&D Spending and Economic Policy Uncertainty in Asian Countries: an Advanced Panel Data Estimation Study," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4710-4729, March.
    52. Dung Viet Tran, 2020. "Economic policy uncertainty and bank dividend policy," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(3), pages 339-361, September.
    53. Peng, Daoju & Colak, Gonul & Shen, Jianfu, 2023. "Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy," Journal of Corporate Finance, Elsevier, vol. 79(C).
    54. Duong, Huu Nhan & Nguyen, Justin Hung & Nguyen, My & Rhee, S. Ghon, 2020. "Navigating through economic policy uncertainty: The role of corporate cash holdings," Journal of Corporate Finance, Elsevier, vol. 62(C).
    55. D'Mello, Ranjan & Toscano, Francesca, 2020. "Economic policy uncertainty and short-term financing: The case of trade credit," Journal of Corporate Finance, Elsevier, vol. 64(C).
    56. Smales, Lee A., 2020. "Examining the relationship between policy uncertainty and market uncertainty across the G7," International Review of Financial Analysis, Elsevier, vol. 71(C).
    57. Chen, Sheng-Syan & Chen, Yan-Shing & Liang, Woan-lih & Wang, Yanzhi, 2020. "Public R&D spending and cross-sectional stock returns," Research Policy, Elsevier, vol. 49(1).
    58. Dang, Tung Lam & Luong, Hoang & Nguyen, Lily & Nguyen, My, 2024. "Political uncertainty and commonality in liquidity," Pacific-Basin Finance Journal, Elsevier, vol. 83(C).
    59. Mario Daniele Amore, 2020. "Innovation disclosure in times of uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 792-815, October.
    60. Zhang, Cheng & Yang, Chunhong & Liu, Cheng, 2021. "Economic policy uncertainty and corporate risk-taking: Loss aversion or opportunity expectations," Pacific-Basin Finance Journal, Elsevier, vol. 69(C).
    61. Deng, Yuping & Wu, Yanrui & Xu, Helian, 2019. "Political turnover and firm pollution discharges: An empirical study," China Economic Review, Elsevier, vol. 58(C).
    62. Drago? Tohãnean, , and & Alexandru Ilie Buzatu & Cristina-Andrada Baba & Bogdan Georgescu, 2020. "Business Model Innovation Through the Use of Digital Technologies: Managing Risks and Creating Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(55), pages 758-758, August.
    63. Hammer, Benjamin & Mettner, Sven & Schweizer, Denis & Wünsche, Norbert, 2023. "Management buyouts in times of economic policy uncertainty," Finance Research Letters, Elsevier, vol. 52(C).
    64. Ye, Chusheng & Ye, Qin & Shi, Xunpeng & Sun, Yongping, 2020. "Technology gap, global value chain and carbon intensity: Evidence from global manufacturing industries," Energy Policy, Elsevier, vol. 137(C).
    65. Cui, Di & Ding, Mingfa & Han, Yikai & Suardi, Sandy, 2022. "Foreign shareholders, relative foreign policy uncertainty and corporate cash holdings," International Review of Financial Analysis, Elsevier, vol. 84(C).
    66. Wen, Fenghua & Li, Cui & Sha, Han & Shao, Liuguo, 2021. "How does economic policy uncertainty affect corporate risk-taking? Evidence from China," Finance Research Letters, Elsevier, vol. 41(C).
    67. Huang, Dan & Liu, Baohua & Chan, Kam C. & Chen, Yining, 2023. "Intended and unintended effects of mandatory R&D disclosure on innovation outcomes," Economic Modelling, Elsevier, vol. 119(C).
    68. Cui, Xin & Wang, Chunfeng & Sensoy, Ahmet & Liao, Jing & Xie, Xiaochen, 2023. "Economic policy uncertainty and green innovation: Evidence from China," Economic Modelling, Elsevier, vol. 118(C).
    69. Huilong Liu & Jianqiu Liu & Hong Wang & Dan Yang, 2023. "Does the Prohibition of Long‐lived Asset Impairment Reversals Affect Corporate Innovation? Evidence from a Quasi‐experiment in China," Abacus, Accounting Foundation, University of Sydney, vol. 59(1), pages 134-162, March.
    70. Almaghrabi, Khadija S., 2021. "Borrowing during periods of policy uncertainty: The role of foreign lenders," International Review of Financial Analysis, Elsevier, vol. 77(C).
    71. Nie, Jing & Yin, Libo, 2022. "Do dividends signal safety? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 82(C).
    72. Xuan Yang & Shihao Mao & Luxuan Sun & Chao Feng & Yinshuang Xia, 2022. "The Effect of Economic Policy Uncertainty on Green Technology Innovation: Evidence from China’s Enterprises," Sustainability, MDPI, vol. 14(18), pages 1-17, September.
    73. Lou, Zhukun & Chen, Siyu & Yin, Wenwei & Zhang, Chuan & Yu, Xiaoyu, 2022. "Economic policy uncertainty and firm innovation: Evidence from a risk-taking perspective," International Review of Economics & Finance, Elsevier, vol. 77(C), pages 78-96.
    74. Chao‐Cheng Mai & Shih‐Chuan Lin, 2021. "The effects of uncertainties over R&D policy or market demand on R&D levels," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(4), pages 1048-1056, June.
    75. Xiaoqiong Wang & Siqi Wei & Xiaoyang Zhu, 2024. "Economic policy uncertainty and heterogeneous institutional investor horizons," Review of Quantitative Finance and Accounting, Springer, vol. 62(1), pages 39-67, January.
    76. Hoang, Dung Phuong & Chu, Lan Khanh & To, Trung Thanh, 2023. "How do economic policy uncertainty, geopolitical risk, and natural resources rents affect economic complexity? Evidence from advanced and emerging market economies," Resources Policy, Elsevier, vol. 85(PA).
    77. Bai, Dongbei & Du, Lizhao & Xu, Yang & Abbas, Shujaat, 2023. "Climate policy uncertainty and corporate green innovation: Evidence from Chinese A-share listed industrial corporations," Energy Economics, Elsevier, vol. 127(PB).
    78. Lin, Yongjia & Fu, Xiaoqing & Fu, Xiaolan, 2021. "Varieties in state capitalism and corporate innovation: Evidence from an emerging economy," Journal of Corporate Finance, Elsevier, vol. 67(C).
    79. Cui, Xin & Wang, Chunfeng & Liao, Jing & Fang, Zhenming & Cheng, Feiyang, 2021. "Economic policy uncertainty exposure and corporate innovation investment: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).
    80. Feldman, David & Kang, Chang-Mo & Li, Jiaming & Saxena, Konark, 2021. "Politically motivated corporate decisions as tournament participation/inclusion games," Journal of Corporate Finance, Elsevier, vol. 67(C).
    81. Muhammad Arif Khan & Xuezhi Qin & Khalil Jebran & Abdul Rashid, 2020. "The Sensitivity of Firms’ Investment to Uncertainty and Cash Flow: Evidence From Listed State-Owned Enterprises and Non-State-Owned Enterprises in China," SAGE Open, , vol. 10(1), pages 21582440209, January.
    82. Li, Xin & Li, Zheng & Su, Chi-Wei & Umar, Muhammad & Shao, Xuefeng, 2022. "Exploring the asymmetric impact of economic policy uncertainty on China's carbon emissions trading market price: Do different types of uncertainty matter?," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    83. Im, Hyun Joong & Shon, Janghoon, 2019. "The effect of technological imitation on corporate innovation: Evidence from US patent data," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    84. Feng, Gen-Fu & Zheng, Mingbo, 2022. "Economic policy uncertainty and renewable energy innovation: International evidence," Innovation and Green Development, Elsevier, vol. 1(2).
    85. Benjamin Hammer & Nils Janssen & Bernhard Schwetzler, 2021. "Cross-border buyout pricing," Journal of Business Economics, Springer, vol. 91(5), pages 705-731, July.
    86. Luo, Kun & Lim, Edwin KiaYang & Qu, Wen & Zhang, Xuan, 2021. "Board cultural diversity, government intervention and corporate innovation effectiveness: Evidence from China," Journal of Contemporary Accounting and Economics, Elsevier, vol. 17(2).
    87. Fang-Nan Liao & Xiao-Li Ji & Zhi-Ping Wang, 2019. "Firms’ Sustainability: Does Economic Policy Uncertainty Affect Internal Control?," Sustainability, MDPI, vol. 11(3), pages 1-26, February.
    88. Xiaoming Peng & Yihao Li & Chengxin Guo & Liang Peng & Sijin Tan, 2023. "“Risk” or “Opportunity”? The High Sensitivity of Corporate Green Innovation to Environmental Policy Uncertainty: Evidence from China," Sustainability, MDPI, vol. 15(11), pages 1-18, June.
    89. Taylor, Mark & Hsu, Po-Hsuan & Wang, Zigan & Xu, Qi, 2021. "Currency Volatility and Global Technological Innovation," CEPR Discussion Papers 16611, C.E.P.R. Discussion Papers.
    90. Jiao, Anqi & Lu, Juntai, 2024. "Buffing firm innovation by lobbying," Journal of Corporate Finance, Elsevier, vol. 85(C).
    91. Cheng Peng & Hui Jiang & Tianyi Zhang, 2022. "Does the national risk of overseas investment affect the strategic innovation behavior of enterprises? Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(5), pages 1548-1565, July.
    92. Cui, Chuantao & Li, Leona Shao-Zhi, 2023. "Trade policy uncertainty and new firm entry: Evidence from China," Journal of Development Economics, Elsevier, vol. 163(C).
    93. Yu, Zhen & Xiao, Yao & Li, Jinpo, 2021. "Firm-level perception of uncertainty and innovation activity: Textual evidence from China's A-share market," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    94. Lin William Cong & Sabrina T. Howell, 2021. "Policy Uncertainty and Innovation: Evidence from Initial Public Offering Interventions in China," Management Science, INFORMS, vol. 67(11), pages 7238-7261, November.
    95. Ji (George) Wu & Jian Zhang & Yiwen Wu & Dongmin Kong, 2020. "When to go abroad: economic policy uncertainty and Chinese firms’ overseas investment," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(2), pages 1435-1470, June.
    96. Nian Li & Chunling Li & Runsen Yuan & Muhammad Asif Khan & Xiaoran Sun & Nosherwan Khaliq, 2021. "Investor Attention and Corporate Innovation Performance: Evidence from Web Search Volume Index of Chinese Listed Companies," Mathematics, MDPI, vol. 9(9), pages 1-23, April.
    97. Onal, Bunyamin & Petmezas, Dimitris & Xiong, Nan, 2022. "Societal equality sentiment and executive compensation," Journal of Corporate Finance, Elsevier, vol. 77(C).
    98. Tut, Daniel & Cao, Melanie, 2021. "Capital Reallocation and Firm-Level Productivity Under Political Uncertainty," MPRA Paper 108528, University Library of Munich, Germany.
    99. Chen, Yinghui, 2021. "Does political turnover stifle or stimulate corporate innovation?," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1126-1145.
    100. Moshirian, Fariborz & Tian, Xuan & Zhang, Bohui & Zhang, Wenrui, 2021. "Stock market liberalization and innovation," Journal of Financial Economics, Elsevier, vol. 139(3), pages 985-1014.
    101. Tian, Jing & Li, Haiwei & You, Pin, 2022. "Economic policy uncertainty, bank loan, and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 76(C).
    102. Yanyang Yan & Zhichao Wu, 2020. "Regional innovation distribution and its dynamic evolution: Policy impact and spillover effect—Based on the perspective of innovation motivation," PLOS ONE, Public Library of Science, vol. 15(7), pages 1-29, July.
    103. He, Yuqian & Tang, Song & Wang, Lanfang & Wang, Susheng & Yu, Tao, 2024. "Private equity market development, state ownership, and firm innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 958-985.
    104. Guan, Jialin & Xu, Huijuan & Huo, Da & Hua, Yechun & Wang, Yunfeng, 2021. "Economic policy uncertainty and corporate innovation: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).
    105. Yu, Jian & Shi, Xunpeng & Guo, Dongmei & Yang, Longjian, 2021. "Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index," Energy Economics, Elsevier, vol. 94(C).
    106. Shi, Xing & Zhang, Ya & Wu, Yanrui & Wu, Huaqing, 2023. "Political turnover and firm innovation in China: The moderating role of innovation and entrepreneurship environment," Journal of Asian Economics, Elsevier, vol. 88(C).
    107. Luo, Yue & Chen, Yangyang & Lin, Ji-Chai, 2022. "Does air quality affect inventor productivity? Evidence from the NOx budget program," Journal of Corporate Finance, Elsevier, vol. 73(C).
    108. Wan, Qunchao & Chen, Jin & Yao, Zhu & Yuan, Ling, 2022. "Preferential tax policy and R&D personnel flow for technological innovation efficiency of China's high-tech industry in an emerging economy," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    109. Wen, Jun & Zhang, Sen & Chang, Chun-Ping, 2022. "Legal origins and innovation: Global evidence," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    110. Lyu, Xiaoliang & Ma, Jiameng & Zhang, Xiaochen, 2023. "Social trust and corporate innovation: An informal institution perspective," The North American Journal of Economics and Finance, Elsevier, vol. 64(C).
    111. Feng, Suling & Sui, Bo & Liu, Huimin & Li, Guoxiang, 2020. "Environmental decentralization and innovation in China," Economic Modelling, Elsevier, vol. 93(C), pages 660-674.
    112. Chen, Fanglin & Chen, Zhongfei & Zhang, Xin, 2024. "Belated stock returns for green innovation under carbon emissions trading market," Journal of Corporate Finance, Elsevier, vol. 85(C).
    113. Liuyang Ren & Xi Zhong & Liangyong Wan, 2022. "Defending the shell: differential effects of delisting pressure on R&D intensity and bribery expenditure," Review of Managerial Science, Springer, vol. 16(5), pages 1437-1470, July.
    114. William, Mbanyele & Fengrong, Wang, 2022. "Economic policy uncertainty and industry innovation: Cross country evidence," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 208-228.
    115. Qincheng Zhang & Mingzeng Yang, 2023. "Digital Transformation, Top Management Team Heterogeneity, and Corporate Innovation: Evidence from A Quasi-Natural Experiment in China," Sustainability, MDPI, vol. 15(3), pages 1-23, January.
    116. Jie Gao & Huiying Wu & Jiaxing You & Meg Smith, 2021. "Migrant entrepreneurs and firm innovation," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(5), pages 6069-6112, December.
    117. Suyi Zheng & Jiandong Wen, 2023. "How Does Firm-Level Economic Policy Uncertainty Affect Corporate Innovation? Evidence from China," Sustainability, MDPI, vol. 15(7), pages 1-23, April.
    118. Han, Liyan & Xie, Chen & Jin, Jiayu & Zhao, Yang, 2023. "Effect of low-carbon innovation on carbon risk: International firm-level investigation," International Review of Financial Analysis, Elsevier, vol. 90(C).
    119. William J. Luther, 2022. "Regulatory ambiguity in the market for bitcoin," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 1-14, March.
    120. Tang, Tianwei & Jiang, Xiaojing & Zhu, Kaiwen & Ying, Ziyao & Liu, Wenyu, 2024. "Effects of the promotion pressure of officials on green low-carbon transition: Evidence from 277 cities in China," Energy Economics, Elsevier, vol. 129(C).
    121. Chi, Jianxin Daniel & Su, Xunhua & Tang, Yun & Xu, Bin, 2020. "Is language an economic institution? Evidence from R&D investment," Journal of Corporate Finance, Elsevier, vol. 62(C).
    122. Kexian Zhang & Xiaoying Liu & Min Hong, 2021. "Discretionary Effort on Green Technology Innovation: How Chinese Enterprises Act when Facing Financing Constraints," PLOS ONE, Public Library of Science, vol. 16(12), pages 1-19, December.
    123. Choi, Seong-jin & Liu, Huilong & Yin, Jun & Qi, Yunfei & Lee, Jeoung Yul, 2021. "The effect of political turnover on firms’ strategic change in the emerging economies: The moderating role of political connections and financial resources," Journal of Business Research, Elsevier, vol. 137(C), pages 255-266.
    124. Ardianto Ardianto & Nadia Anridho & Suham Cahyono & Abu Hanifah Md. Noman Alam & Iman Harymawan, 2024. "The role of risk management committee on the relationship between corporate carbon emission disclosure and capital structure," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 2127-2158, May.
    125. Hou, Deshuai & Chan, Kam C. & Dong, Manru & Yao, Qiuge, 2022. "The impact of economic policy uncertainty on a firm’s green behavior: Evidence from China," Research in International Business and Finance, Elsevier, vol. 59(C).
    126. Xu, Xiaodong & Mu, Yayu & Wang, Juan, 2023. "Corporate risk and financial asset holdings," Pacific-Basin Finance Journal, Elsevier, vol. 81(C).
    127. Chu, Chien-Chi & Li, Yong-Li & Li, Shi-Jie & Ji, Yun, 2021. "Uncertainty, venture capital and entrepreneurial enterprise innovation—Evidence from companies listed on China's GEM," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    128. Zheng, Mingbo & Feng, Gen-Fu & Jang, Chyi-Lu & Chang, Chun-Ping, 2021. "Terrorism and green innovation in renewable energy," Energy Economics, Elsevier, vol. 104(C).
    129. Tuyen, Bui Quang & Phuong Anh, Do Vu & Mai, Nguyen Phuong & Long, To Quang, 2023. "Does corporate engagement in social responsibility affect firm innovation? The mediating role of digital transformation," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 292-303.
    130. Hassan, M. Kabir & Karim, Md. Sydul & Kozlowski, Steven E., 2022. "Implications of public corruption for local firms: Evidence from corporate debt maturity," Journal of Financial Stability, Elsevier, vol. 58(C).
    131. Berger, Allen N. & Guedhami, Omrane & Kim, Hugh H. & Li, Xinming, 2022. "Economic policy uncertainty and bank liquidity hoarding," Journal of Financial Intermediation, Elsevier, vol. 49(C).
    132. Wei, Yu & Nan, Haoxi & Wei, Guiwu, 2020. "The impact of employee welfare on innovation performance: Evidence from China's manufacturing corporations," International Journal of Production Economics, Elsevier, vol. 228(C).
    133. Huang, Jiexiang & Roberts, Helen & Tan, Eric K.M., 2024. "Media uncertainty and risk-taking," International Review of Financial Analysis, Elsevier, vol. 91(C).
    134. Zhou, Xiaoxiao & Dai, Mengsi & Ma, Xiaowei & Charles, Vincent & Shahzad, Umer & Zhao, Xin, 2024. "Economic policy uncertainty and the inhibitory effect of firms' green technology innovation," Global Finance Journal, Elsevier, vol. 60(C).
    135. Li, Kaifeng & Guo, Zhaoxuan & Chen, Qi, 2021. "The effect of economic policy uncertainty on enterprise total factor productivity based on financial mismatch: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    136. Saud Asaad Al‐Thaqeb & Barrak Ghanim Algharabali & Khaled Tareq Alabdulghafour, 2022. "The pandemic and economic policy uncertainty," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 2784-2794, July.
    137. Li, Xiao, 2020. "The impact of economic policy uncertainty on insider trades: A cross-country analysis," Journal of Business Research, Elsevier, vol. 119(C), pages 41-57.
    138. Dongmin Kong & Jialong Wang & Yanan Wang & Jian Zhang, 2022. "Language and innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(1-2), pages 297-326, January.
    139. Chen, Tao & Gao, Huasheng & Wang, Yuxi, 2021. "Tariff uncertainty and firm innovation: Evidence from the U.S.–China Permanent Normal Trade Relation," Journal of Empirical Finance, Elsevier, vol. 62(C), pages 12-27.
    140. Zhaocheng Xu, 2024. "Will CEO-TMT Overseas Experience Differences Reduce Innovation Investment? Evidence from Chinese Manufacturing Listed Companies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 771-800, March.
    141. Afzali, Mansoor & Ҫolak, Gönül & Fu, Mengchuan, 2021. "Economic uncertainty and corruption: Evidence from public and private firms," Journal of Financial Stability, Elsevier, vol. 57(C).
    142. Wang, Quan-Jing & Feng, Gen-Fu & Wang, Hai-Jie & Chang, Chun-Ping, 2021. "The impacts of democracy on innovation: Revisited evidence," Technovation, Elsevier, vol. 108(C).
    143. Xinyuan Wang & Zhenyang Zhang & Dongphil Chun, 2021. "The Influencing Mechanism of Internal Control Effectiveness on Technological Innovation: CSR as a Mediator," Sustainability, MDPI, vol. 13(23), pages 1-17, November.
    144. Liping Fu & Shan Zhang & Fan Wu, 2022. "The Impact of Compensation Gap on Corporate Innovation: Evidence from China’s Pharmaceutical Industry," IJERPH, MDPI, vol. 19(3), pages 1-14, February.
    145. Colak, Gonul & Gounopoulos, Dimitrios & Loukopoulos, Panagiotis & Loukopoulos, Georgios, 2021. "Political power, local policy uncertainty and IPO pricing," Journal of Corporate Finance, Elsevier, vol. 67(C).
    146. Jiang, Xiandeng & Kong, Dongming & Xiao, Chengrui, 2020. "Policy certainty and heterogeneous firm innovation: Evidence from China," China Economic Review, Elsevier, vol. 63(C).
    147. Yogeeswari Subramaniam & Nanthakumar Loganathan, 2022. "Uncertainty and technological innovation: evidence from developed and developing countries," Economic Change and Restructuring, Springer, vol. 55(4), pages 2527-2545, November.
    148. Naser Makarem & Harjinder Singh & Nigar Sultana & Darren Henderson, 2023. "Policy uncertainty and real activities manipulation: evidence from Brexit," Review of Quantitative Finance and Accounting, Springer, vol. 61(4), pages 1415-1440, November.
    149. Syed Muhammad Imran & Hafeez Ur Rehman & Rana Ejaz Ali Khan, 2020. "Effect of corruption on firm level innovation: Evidence from Pakistan," Economics and Business Letters, Oviedo University Press, vol. 9(1), pages 41-47.
    150. Ho, Po-Hsin & Huang, Chia-Wei & Lin, Chih-Yung & Yen, Ju-Fang, 2024. "Risk culture in corporate innovation," International Review of Financial Analysis, Elsevier, vol. 91(C).
    151. Mandaroux, Rahel & Schindelhauer, Kai & Basse Mama, Houdou, 2023. "How to reinforce the effectiveness of the EU emissions trading system in stimulating low-carbon technological change? Taking stock and future directions," Energy Policy, Elsevier, vol. 181(C).
    152. Dang, Man & Puwanenthiren, Premkanth & Nguyen, Manh Toan & Hoang, Viet Anh & Mazur, Mieszko & Henry, Darren, 2022. "Does managerial tone matter for stock liquidity? Evidence from textual disclosures," Finance Research Letters, Elsevier, vol. 48(C).
    153. Tan, Yongxian & Tian, Xuan & Zhang, Xinde & Zhao, Hailong, 2020. "The real effect of partial privatization on corporate innovation: Evidence from China's split share structure reform," Journal of Corporate Finance, Elsevier, vol. 64(C).
    154. Chunhuan Xiao & Ziyin Zhuang & Amei Feng, 2021. "OFDI Entry Modes and Firms’ Innovation: Evidence from Chinese A-Share Listed Firms," Sustainability, MDPI, vol. 13(14), pages 1-17, July.
    155. Cao, Yang & Chen, Yinghui & Zhang, Yuhe, 2022. "Political uncertainty, innovation-driven strategy, and corporate R&D," Research in International Business and Finance, Elsevier, vol. 60(C).
    156. Shen, Xieyang & Yang, Sijie & Chen, Yulin & Zeng, Jianyu, 2022. "How does economic policy uncertainty influence managers' learning from peers' stock prices? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 74(C).
    157. Gu, Wentao & Yuan, Wenyu, 2024. "Research on the influence of chain shareholder network on enterprise green innovation," Journal of Business Research, Elsevier, vol. 172(C).
    158. Alam, Ahmed W. & Farjana, Ashupta & Houston, Reza, 2023. "Firm investment steering through state-level policy uncertainty," Finance Research Letters, Elsevier, vol. 58(PC).
    159. Zhen Yu & Yuankun Li & Jing Zhao, 2023. "Epidemic outbreak and foreign direct investment fluctuation," The World Economy, Wiley Blackwell, vol. 46(4), pages 1051-1081, April.
    160. Tabash, Mosab I. & Farooq, Umar & Ashfaq, Khurram & Tiwari, Aviral Kumar, 2022. "Economic policy uncertainty and financing structure: A new panel data evidence from selected Asian economies," Research in International Business and Finance, Elsevier, vol. 60(C).
    161. Wen, Jun & Wang, Siqin & Yang, Xiuyun & Zhou, Xiaozhou, 2023. "Impacts of epidemics on innovation: An empirical analysis," Technovation, Elsevier, vol. 119(C).

  17. Hsu, Po-Hsuan & Taylor, Mark P. & Wang, Zigan, 2016. "Technical trading: Is it still beating the foreign exchange market?," Journal of International Economics, Elsevier, vol. 102(C), pages 188-208.

    Cited by:

    1. Yamani, Ehab, 2019. "Diversification role of currency momentum for carry trade: Evidence from financial crises," Journal of Multinational Financial Management, Elsevier, vol. 49(C), pages 1-19.
    2. Federico Bassi & Dany Lang & Raquel Almeida Ramos, 2023. "Bet against the trend and cash in profits: An agent‑based model of endogenous fluctuations of exchange rates," Post-Print hal-04428234, HAL.
    3. Andrey Shternshis & Stefano Marmi, 2023. "Price predictability at ultra-high frequency: Entropy-based randomness test," Papers 2312.16637, arXiv.org, revised May 2024.
    4. Hassanniakalager, Arman & Sermpinis, Georgios & Stasinakis, Charalampos, 2021. "Trading the foreign exchange market with technical analysis and Bayesian Statistics," Journal of Empirical Finance, Elsevier, vol. 63(C), pages 230-251.
    5. Bošnjak Mile & Novak Ivan & Vlajčić Davor, 2021. "Market Efficiency of Euro Exchange Rates and Trading Strategies," Naše gospodarstvo/Our economy, Sciendo, vol. 67(2), pages 10-19, June.
    6. Taylor, Mark & Hsu, Po-Hsuan & Wang, Zigan, 2020. "The Out-of-Sample Performance of Carry Trades," CEPR Discussion Papers 15052, C.E.P.R. Discussion Papers.
    7. Paolo Angelis & Roberto Marchis & Mario Marino & Antonio Luciano Martire & Immacolata Oliva, 2021. "Betting on bitcoin: a profitable trading between directional and shielding strategies," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 44(2), pages 883-903, December.
    8. Hung, Chiayu & Lai, Hung-Neng, 2022. "Information asymmetry and the profitability of technical analysis," Journal of Banking & Finance, Elsevier, vol. 134(C).
    9. Anghel, Dan Gabriel, 2021. "Data Snooping Bias in Tests of the Relative Performance of Multiple Forecasting Models," Journal of Banking & Finance, Elsevier, vol. 126(C).
    10. Chuang, O-Chia & Chuang, Hui-Ching & Wang, Zixuan & Xu, Jin, 2024. "Profitability of technical trading rules in the Chinese stock market," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
    11. Osman Kilic & Joseph M. Marks & Kiseok Nam, 2022. "Predictable asset price dynamics, risk-return tradeoff, and investor behavior," Review of Quantitative Finance and Accounting, Springer, vol. 59(2), pages 749-791, August.
    12. Hudson, Robert & McGroarty, Frank & Urquhart, Andrew, 2017. "Sampling frequency and the performance of different types of technical trading rules," Finance Research Letters, Elsevier, vol. 22(C), pages 136-139.
    13. Erdemlioglu, Deniz & Petitjean, Mikael & Vargas, Nicolas, 2021. "Market Instability and Technical Trading at High Frequency: Evidence from NASDAQ Stocks," LIDAM Reprints LFIN 2021016, Université catholique de Louvain, Louvain Finance (LFIN).
    14. Fong, Tom Pak Wing & Wu, Shui Tang, 2020. "Predictability in sovereign bond returns using technical trading rules: Do developed and emerging markets differ?," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    15. Kevin Rink, 2023. "The predictive ability of technical trading rules: an empirical analysis of developed and emerging equity markets," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 37(4), pages 403-456, December.
    16. Huang, Jing-Zhi & Huang, Zhijian (James), 2020. "Testing moving average trading strategies on ETFs," Journal of Empirical Finance, Elsevier, vol. 57(C), pages 16-32.
    17. Smita Roy Trivedi, 2022. "Technical analysis using Heiken Ashi Stochastic: To catch a trend, use a HASTOC," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 1836-1847, April.
    18. Potì, Valerio & Levich, Richard & Conlon, Thomas, 2020. "Predictability and pricing efficiency in forward and spot, developed and emerging currency markets," Journal of International Money and Finance, Elsevier, vol. 107(C).
    19. Yamani, Ehab, 2021. "Foreign exchange market efficiency and the global financial crisis: Fundamental versus technical information," The Quarterly Review of Economics and Finance, Elsevier, vol. 79(C), pages 74-89.
    20. Yamani, Ehab, 2021. "Can technical trading beat the foreign exchange market in times of crisis?," Global Finance Journal, Elsevier, vol. 48(C).
    21. Liu, Li & Tan, Siming & Wang, Yudong, 2020. "Can commodity prices forecast exchange rates?," Energy Economics, Elsevier, vol. 87(C).
    22. Sugarbayar Enkhbayar & Robert Ślepaczuk, 2024. "Predictive modeling of foreign exchange trading signals using machine learning techniques," Working Papers 2024-10, Faculty of Economic Sciences, University of Warsaw.
    23. Raquel Almeida Ramos & Federico Bassi & Dany Lang, 2020. "Bet against the trend and cash in profits," DISCE - Working Papers del Dipartimento di Economia e Finanza def090, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    24. Sermpinis, Georgios & Hassanniakalager, Arman & Stasinakis, Charalampos & Psaradellis, Ioannis, 2021. "Technical analysis profitability and Persistence: A discrete false discovery approach on MSCI indices," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    25. Matthew Famiglietti & Yuliya Ivanova & Christopher J. Neely & Paul A. Weller, 2014. "Can risk explain the profitability of technical trading in currency markets?," Working Papers 2014-033, Federal Reserve Bank of St. Louis, revised 12 Jun 2020.
    26. Jamali, Ibrahim & Yamani, Ehab, 2019. "Out-of-sample exchange rate predictability in emerging markets: Fundamentals versus technical analysis," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 61(C), pages 241-263.
    27. Taylor, Mark & Xu, Qi & Kozhan, Roman, 2020. "Prospect Theory and Currency Returns: Empirical Evidence," CEPR Discussion Papers 15306, C.E.P.R. Discussion Papers.
    28. Hambuckers, J. & Ulm, M., 2023. "On the role of interest rate differentials in the dynamic asymmetry of exchange rates," Economic Modelling, Elsevier, vol. 129(C).
    29. Flavio Ivo Riedlinger & João Nicolau, 2020. "The Profitability in the FTSE 100 Index: A New Markov Chain Approach," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 27(1), pages 61-81, March.
    30. Shangkun Deng & Haoran Yu & Chenyang Wei & Tianxiang Yang & Shimada Tatsuro, 2021. "The profitability of Ichimoku Kinkohyo based trading rules in stock markets and FX markets," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5321-5336, October.
    31. Andrei Shynkevich, 2021. "Impact of bitcoin futures on the informational efficiency of bitcoin spot market," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(1), pages 115-134, January.
    32. Ying-Sing Liu, 2021. "The Impact of Trading Information Sets on Exchange Rate Change and Volatility: Evidence From Taiwan," SAGE Open, , vol. 11(4), pages 21582440211, November.
    33. Urquhart, Andrew & Zhang, Hanxiong, 2019. "The performance of technical trading rules in Socially Responsible Investments," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 397-411.
    34. Psaradellis, Ioannis & Laws, Jason & Pantelous, Athanasios A. & Sermpinis, Georgios, 2023. "Technical analysis, spread trading, and data snooping control," International Journal of Forecasting, Elsevier, vol. 39(1), pages 178-191.
    35. Souropanis, Ioannis & Vivian, Andrew, 2023. "Forecasting realized volatility with wavelet decomposition," Journal of Empirical Finance, Elsevier, vol. 74(C).
    36. Qi Xu & Ying Wang, 2021. "Managing volatility in commodity momentum," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(5), pages 758-782, May.
    37. V. Lanzetta, 2024. "Transfer learning for financial data predictions: a systematic review," Papers 2409.17183, arXiv.org.
    38. Robert Hudson & Andrew Urquhart, 2021. "Technical trading and cryptocurrencies," Annals of Operations Research, Springer, vol. 297(1), pages 191-220, February.
    39. Batten, Jonathan A. & Lucey, Brian M. & McGroarty, Frank & Peat, Maurice & Urquhart, Andrew, 2018. "Does intraday technical trading have predictive power in precious metal markets?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 52(C), pages 102-113.
    40. Potì, Valerio, 2018. "A new tight and general bound on return predictability," Economics Letters, Elsevier, vol. 162(C), pages 140-145.
    41. Panopoulou, Ekaterini & Souropanis, Ioannis, 2019. "The role of technical indicators in exchange rate forecasting," Journal of Empirical Finance, Elsevier, vol. 53(C), pages 197-221.
    42. Hu, Shicheng & Zhang, Weijie & Li, Danping & Wu, Bing, 2023. "Incorporating improved directional change and regime change detection to formulate trading strategies in foreign exchange markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 622(C).
    43. Luo, Ji & Tee, Kai-Hong & Li, Baibing, 2017. "Timing liquidity in the foreign exchange market: Did hedge funds do it?," Journal of Multinational Financial Management, Elsevier, vol. 40(C), pages 47-62.
    44. Konstandinos Chourmouziadis & Dimitra K. Chourmouziadou & Prodromos D. Chatzoglou, 2021. "Embedding Four Medium-Term Technical Indicators to an Intelligent Stock Trading Fuzzy System for Predicting: A Portfolio Management Approach," Computational Economics, Springer;Society for Computational Economics, vol. 57(4), pages 1183-1216, April.
    45. Georgios Sermpinis & Arman Hassanniakalager & Charalampos Stasinakis & Ioannis Psaradellis, 2018. "Technical Analysis and Discrete False Discovery Rate: Evidence from MSCI Indices," Papers 1811.06766, arXiv.org, revised Jun 2019.
    46. Dockery, Everton & Todorov, Ivan, 2023. "Further evidence on the returns to technical trading rules: Insights from fourteen currencies," Journal of Multinational Financial Management, Elsevier, vol. 69(C).
    47. Yung-Ho Chang, 2019. "Cross-market information spillover and the performance of technical trading in the foreign exchange market," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 43(2), pages 211-227, April.

  18. Frederick L. Bereskin & Terry L. Campbell II & Po-Hsuan Hsu, 2016. "Corporate Philanthropy, Research Networks, and Collaborative Innovation," Financial Management, Financial Management Association International, vol. 45(1), pages 175-206, March.

    Cited by:

    1. Ko, Kuan-Cheng & Nie, Jun & Ran, Rong & Gu, Yuan, 2020. "Corporate social responsibility, social identity, and innovation performance in China," Pacific-Basin Finance Journal, Elsevier, vol. 63(C).
    2. María Lourdes Arco-Castro & María Victoria Lopez-Pérez & Sara Rodriguez-Gomez & Raquel Garde-Sánchez, 2020. "Do Stakeholders Modulate Philanthropic Strategy? Corporate Philanthropy as Stakeholders’ Engagement," Sustainability, MDPI, vol. 12(18), pages 1-18, September.
    3. Hegde, Shantaram P. & Mishra, Dev R., 2019. "Married CEOs and corporate social responsibility," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 226-246.
    4. Rongbin Ruan & Wan Chen & Zuping Zhu, 2022. "Linking Environmental Corporate Social Responsibility with Green Innovation Performance: The Mediating Role of Shared Vision Capability and the Moderating Role of Resource Slack," Sustainability, MDPI, vol. 14(24), pages 1-20, December.
    5. Chongfeng Wang & Gupeng Zhang, 2019. "Examining the moderating effect of technology spillovers embedded in the intra- and inter-regional collaborative innovation networks of China," Scientometrics, Springer;Akadémiai Kiadó, vol. 119(2), pages 561-593, May.
    6. William Mbanyele, 2022. "Firms' innovation strategy under the shadow of corporate social responsibility disclosure: Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(2), pages 339-355, March.
    7. Huang, Minjie & Kubick, Thomas R. & Tseng, Kevin, 2021. "Technology spillovers and the duration of executive compensation," Journal of Banking & Finance, Elsevier, vol. 131(C).
    8. Roger C. Mayer & Richard S. Warr & Jing Zhao, 2018. "Do Pro‐Diversity Policies Improve Corporate Innovation?," Financial Management, Financial Management Association International, vol. 47(3), pages 617-650, September.
    9. Chourou, Lamia, 2023. "Corporate donations and religiosity: Cross-country evidence," Journal of Behavioral and Experimental Finance, Elsevier, vol. 39(C).
    10. Agarwal, Vikas & Lu, Yan & Ray, Sugata, 2021. "Are hedge funds' charitable donations strategic?," Journal of Corporate Finance, Elsevier, vol. 66(C).
    11. Hu, Jun & Fang, Qi & Wu, Huiying, 2023. "Environmental tax and highly polluting firms' green transformation: Evidence from green mergers and acquisitions," Energy Economics, Elsevier, vol. 127(PB).
    12. Li-Hsun Wang & Chu-Hsiung Lin & Erin H. Kao & Hung-Gay Fung, 2017. "Good deeds earn chits? Evidence from philanthropic family controlled firms," Review of Quantitative Finance and Accounting, Springer, vol. 49(3), pages 765-783, October.
    13. Li, Chengming & Xu, Yang & Zheng, Hao & Wang, Zeyu & Han, Haiting & Zeng, Liangen, 2023. "Artificial intelligence, resource reallocation, and corporate innovation efficiency: Evidence from China's listed companies," Resources Policy, Elsevier, vol. 81(C).
    14. Li, Ganglei & Shao, Yunfei, 2023. "How do top management team characteristics affect digital orientation? Exploring the internal driving forces of firm digitalization," Technology in Society, Elsevier, vol. 74(C).
    15. Agarwal, Vikas & Lu, Yan & Ray, Sugata, 2020. "Are hedge funds' charitable donations strategic?," CFR Working Papers 20-14, University of Cologne, Centre for Financial Research (CFR).
    16. Shuxia Zhang & Liping Xu & Ning Liu, 2022. "Crowding‐in and crowding‐out effects of corporate philanthropy on R&D investment," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 1835-1849, September.
    17. Rui Li & Jing Rao & Liangyong Wan, 2022. "The digital economy, enterprise digital transformation, and enterprise innovation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 2875-2886, October.
    18. Lei Xu & Xiaoning Guo & Yan Liu & Xiaochen Sun & Jie Ji, 2022. "How Does Corporate Charitable Giving Affect Enterprise Innovation? A Literature Review and Research Directions," Sustainability, MDPI, vol. 14(23), pages 1-21, November.
    19. Zhang, Mingyue & Peng, Donghui, 2023. "The impact of digital transformation on corporate cross-border mergers and acquisitions," Finance Research Letters, Elsevier, vol. 58(PB).
    20. Lai, Shaojie & Li, Xiaorong & Chan, Kam C., 2020. "Does bank shareholding impact corporate innovation? Evidence from China," Economic Modelling, Elsevier, vol. 92(C), pages 57-69.
    21. Filippo Mezzanotti & Timothy Simcoe, 2023. "Research and/or Development? Financial Frictions and Innovation Investment," Working Papers 23-39, Center for Economic Studies, U.S. Census Bureau.
    22. Kang, Martin & Miller, Andrew & Jang, Kyungmyung & Kim, Horim, 2022. "Firm performance and information security technology intellectual property," Technological Forecasting and Social Change, Elsevier, vol. 181(C).

  19. Frederick L. Bereskin & Po-Hsuan Hsu, 2016. "Corporate Philanthropy and Innovation: The Case of the Pharmaceutical Industry," Journal of Applied Corporate Finance, Morgan Stanley, vol. 28(2), pages 80-86, June.

    Cited by:

    1. Jianping Qi & Ninon K. Sutton & Qiancheng Zheng, 2020. "The value of innovation and the spillover effect on alliance partners," Review of Quantitative Finance and Accounting, Springer, vol. 55(4), pages 1427-1457, November.
    2. Lan Li & Gang Li & Fu-Sheng Tsai & Hsiu-Yu Lee & Chien-Hsing Lee, 2019. "The Effects of Corporate Social Responsibility on Service Innovation Performance: The Role of Dynamic Capability for Sustainability," Sustainability, MDPI, vol. 11(10), pages 1-20, May.
    3. Li-Hsun Wang & Chu-Hsiung Lin & Erin H. Kao & Hung-Gay Fung, 2017. "Good deeds earn chits? Evidence from philanthropic family controlled firms," Review of Quantitative Finance and Accounting, Springer, vol. 49(3), pages 765-783, October.
    4. Xiaoyan Pan & Kum-Sik Oh & Mengmeng Wang, 2021. "Strategic Orientation, Digital Capabilities, and New Product Development in Emerging Market Firms: The Moderating Role of Corporate Social Responsibility," Sustainability, MDPI, vol. 13(22), pages 1-16, November.
    5. Lei Xu & Xiaoning Guo & Yan Liu & Xiaochen Sun & Jie Ji, 2022. "How Does Corporate Charitable Giving Affect Enterprise Innovation? A Literature Review and Research Directions," Sustainability, MDPI, vol. 14(23), pages 1-21, November.
    6. Filippo Mezzanotti & Timothy Simcoe, 2023. "Research and/or Development? Financial Frictions and Innovation Investment," Working Papers 23-39, Center for Economic Studies, U.S. Census Bureau.

  20. Chen, Chen & Chen, Yangyang & Hsu, Po-Hsuan & Podolski, Edward J., 2016. "Be nice to your innovators: Employee treatment and corporate innovation performance," Journal of Corporate Finance, Elsevier, vol. 39(C), pages 78-98.

    Cited by:

    1. Tsang, Albert & Wang, Kun Tracy & Liu, Simeng & Yu, Li, 2021. "Integrating corporate social responsibility criteria into executive compensation and firm innovation: International evidence," Journal of Corporate Finance, Elsevier, vol. 70(C).
    2. Zhang, Huili & Cui, Xuegang & Xu, Lei & Wang, Kaiyan, 2024. "Non-executive employee stock ownership plans and corporate innovation efficiency: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 72(C).
    3. Chen, I-Ju & Hsu, Po-Hsuan & Officer, Micah S. & Wang, Yanzhi, 2020. "The Oscar goes to…: High-tech firms’ acquisitions in response to rivals’ technology breakthroughs," Research Policy, Elsevier, vol. 49(7).
    4. An, Yahui & Liu, Xiukun, 2023. "Local attention to employees’ rights and firm value: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 382-394.
    5. Zuo, Junqing & Zhang, Wei & Hu, Mingya & Feng, Xu & Zou, Gaofeng, 2022. "Employee relations and stock price crash risk: Evidence from employee lawsuits," International Review of Financial Analysis, Elsevier, vol. 82(C).
    6. Cirera, Xavier & Martins-Neto, Antonio Soares, 2023. "Do innovative firms pay higher wages? Micro-level evidence from Brazil," Research Policy, Elsevier, vol. 52(1).
    7. Yun‐an Bai, 2022. "Corporate social responsibility and corporate innovation output: Empirical evidence based on Chinese listed companies," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3534-3547, December.
    8. Kong, Dongmin & Wang, Yanan & Zhang, Jian, 2020. "Efficiency wages as gift exchange: Evidence from corporate innovation in China," Journal of Corporate Finance, Elsevier, vol. 65(C).
    9. Bao, Hengmiao & Yang, Shijie, 2024. "Is there life after product quality failures? Evidence from employment decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 218(C), pages 325-355.
    10. Amin, Md Ruhul & Kim, Incheol & Lee, Suin, 2021. "Local religiosity, workplace safety, and firm value," Journal of Corporate Finance, Elsevier, vol. 70(C).
    11. Gaetan de Rassenfosse & Paul Jensen & T'Mir Julius & Alfons Palangkaraya & Elizabeth Webster, 2021. "Is the patent system a level playing field? The effect of patent attorney firms," Working Papers 15, Chair of Science, Technology, and Innovation Policy.
    12. Liu, Baohua & Sun, Pei-Yu & Zeng, Yongliang, 2020. "Employee-related corporate social responsibilities and corporate innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 357-372.
    13. Dae Soo Choi & Chang Soo Sung & Joo Y. Park, 2020. "How Does Technology Startups Increase Innovative Performance? The Study of Technology Startups on Innovation Focusing on Employment Change in Korea," Sustainability, MDPI, vol. 12(2), pages 1-14, January.
    14. Montserrat Manzaneque & Alfonso A. Rojo-Ramírez & Julio Diéguez-Soto & Maria J. Martínez-Romero, 2020. "How negative aspiration performance gaps affect innovation efficiency," Small Business Economics, Springer, vol. 54(1), pages 209-233, January.
    15. Unsal, Omer & Houston, Reza, 2024. "R&D grants and medical innovation," Journal of Economics and Business, Elsevier, vol. 128(C).
    16. Lou, Zhukun & Wang, Chong & Liu, Yaxin & Xu, Jing, 2023. "It takes two to tango: Impact of salary co-movement between top executives and ordinary employees on corporate innovation," Finance Research Letters, Elsevier, vol. 55(PB).
    17. Adhikari, Hari P. & Choi, Wonseok & Sah, Nilesh B., 2017. "That is what friends do: employee friendliness and innovation," Journal of Economics and Business, Elsevier, vol. 90(C), pages 65-76.
    18. Kong, Dongmin & Zhang, Bohui & Zhang, Jian, 2022. "Higher education and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 72(C).
    19. Liu, Guanchun & Lu, Di & Yang, Jinyu, 2023. "Innovation for promotion: The effect of executive involvement on inventors' innovation choice," Journal of Corporate Finance, Elsevier, vol. 80(C).
    20. Nico Dewaelheyns & Cynthia Van Hulle & Yannick Van Landuyt & Mathias Verreydt, 2021. "Labor Contracts, Wages and SME Failure," Sustainability, MDPI, vol. 13(14), pages 1-15, July.
    21. Fauver, Larry & McDonald, Michael B. & Taboada, Alvaro G., 2018. "Does it pay to treat employees well? International evidence on the value of employee-friendly culture," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 84-108.
    22. Huang, Yi-Hou & Liang, Woan-lih & Truong, Quang-Thai & Wang, Yanzhi, 2022. "No new tricks for old dogs? Old directors and innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    23. Wang, Maochuan & Yan, Youliang, 2023. "Employee treatment and corporate investment efficiency: Evidence from China," Economic Modelling, Elsevier, vol. 128(C).
    24. Li, Yanqiong & Li, Sihao, 2024. "ESG performance and innovation quality," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1361-1373.
    25. Becker, Mary & Cardazzi, Alexander & McGurk, Zachary, 2022. "Employee satisfaction and stock returns during the COVID-19 Pandemic," Journal of Behavioral and Experimental Finance, Elsevier, vol. 33(C).
    26. Cao, Zhangfan & Rees, William, 2020. "Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency," Journal of Corporate Finance, Elsevier, vol. 65(C).
    27. Na, Ke, 2020. "CEOs’ outside opportunities and relative performance evaluation: evidence from a natural experiment," Journal of Financial Economics, Elsevier, vol. 137(3), pages 679-700.
    28. Tu Nguyen & Sandy Suardi & Jing Zhao, 2021. "Employee Treatment and Bank Default Risk during the Credit Crisis," Journal of Financial Services Research, Springer;Western Finance Association, vol. 59(3), pages 173-208, June.
    29. Najah Attig, 2024. "Relaxed Financial Constraints and Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 189(1), pages 111-131, January.
    30. Tan, Wenhao & Wang, Yanping & Guo, Xiuyuan, 2022. "Official inspection, educational threshold and employment goal," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 755-765.
    31. Zhi Cao & Yinping Mu, 2022. "Social and Environmental Regulations and Corporate Innovation," Sustainability, MDPI, vol. 14(23), pages 1-17, December.
    32. Qing Wan & Xiaoke Cheng & Kam C. Chan & Shenghao Gao, 2021. "Born to innovate? The birth‐order effect of CEOs on corporate innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(9-10), pages 1846-1888, October.
    33. Rui Zhao & Dawei Liang & Yukun Pan & Qianqian Du, 2022. "Air Pollution and Employee Protection: The Moderating Effect of Public Attention and Environmental Regulations," Sustainability, MDPI, vol. 14(18), pages 1-18, September.
    34. Sabri Boubaker & Lamia Chourou & Marwa Haddar & Taher Hamza, 2019. "Does employee welfare affect corporate debt maturity?," Post-Print hal-02277647, HAL.
    35. Wang, Li & Dai, Yunhao & Kong, Dongmin, 2021. "Air pollution and employee treatment," Journal of Corporate Finance, Elsevier, vol. 70(C).
    36. Ding, Xiaoya (Sara) & Guo, Mengmeng & Kuai, Yicheng & Niu, Geng, 2023. "Social trust and firm innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 474-493.
    37. Liu, Chelsea, 2021. "CEO gender and employee relations: Evidence from labor lawsuits," Journal of Banking & Finance, Elsevier, vol. 128(C).
    38. Saeed, Abubakr, 2021. "The impact of employee friendly practices on dividend payments: Evidence from emerging economies," Journal of Business Research, Elsevier, vol. 135(C), pages 592-605.
    39. Li, John, 2022. "The effect of employee satisfaction on effective corporate tax planning: Evidence from Glassdoor," Advances in accounting, Elsevier, vol. 57(C).
    40. Mary Becker & Alexander Cardazzi & Zachary McGurk, 2021. "Employee satisfaction and stock returns during the COVID-19 Pandemic," Working Papers 21-02, Department of Economics, West Virginia University.
    41. Jiao, Yawen, 2024. "Managing decision fatigue: Evidence from analysts’ earnings forecasts," Journal of Accounting and Economics, Elsevier, vol. 77(1).
    42. Xing Li & Xia Chen & Baolei Qi & Gaoliang Tian, 2020. "Employee quality and audit fee: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(5), pages 4533-4566, December.
    43. Pham, Mia Hang & Merkoulova, Yulia & Veld, Chris, 2024. "Award-winning CEOs and corporate innovation," Journal of Banking & Finance, Elsevier, vol. 159(C).
    44. Wen Chen, 2023. "Digital economy development, corporate social responsibility and low‐carbon innovation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1664-1679, July.
    45. Wang, Lin & Tang, Yingkai & Chen, Yaozhi & Wang, Kun, 2021. "Be a better boss. Employee treatment, trust level and family business innovation: Evidence from China," Research in International Business and Finance, Elsevier, vol. 58(C).
    46. Anagnostopoulou, Seraina C. & Avgoustaki, Argyro, 2023. "The impact of human resource practices on corporate investment efficiency," International Review of Financial Analysis, Elsevier, vol. 87(C).
    47. Sun, Xuan Sean & Habib, Ahsan & Bhuiyan, Md. Borhan Uddin, 2020. "Workforce environment and audit fees: International evidence," Journal of Contemporary Accounting and Economics, Elsevier, vol. 16(1).
    48. Terence J. V. Saldanha & Arvin Sahaym & Sunil Mithas & Mariana Giovanna Andrade-Rojas & Abhishek Kathuria & Hsiao-Hui Lee, 2020. "Turning Liabilities of Global Operations into Assets: IT-Enabled Social Integration Capacity and Exploratory Innovation," Information Systems Research, INFORMS, vol. 31(2), pages 361-382, June.
    49. Blake Rayfield & Omer Unsal, 2019. "Employee Disputes and Innovation Performance: Evidence from Pharmaceutical Industry," NFI Working Papers 2019-WP-01, Indiana State University, Scott College of Business, Networks Financial Institute.
    50. Cameron Truong & Thu Ha Nguyen & Thanh Huynh, 2021. "Customer satisfaction and the cost of capital," Review of Accounting Studies, Springer, vol. 26(1), pages 293-342, March.
    51. Chen, Jun & Hshieh, Shenje & Zhang, Feng, 2021. "The role of high-skilled foreign labor in startup performance: Evidence from two natural experiments," Journal of Financial Economics, Elsevier, vol. 142(1), pages 430-452.
    52. Wei, Yu & Nan, Haoxi & Wei, Guiwu, 2020. "The impact of employee welfare on innovation performance: Evidence from China's manufacturing corporations," International Journal of Production Economics, Elsevier, vol. 228(C).
    53. Yang, Baochen & Song, Xinyu, 2023. "Does oil price uncertainty matter in firm innovation? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 88(C).
    54. Dan Zhang & Shiguang Ma & Xiaofei Pan, 2023. "How do institutional investors influence accounting conservatism in China?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(S2), pages 2719-2754, June.
    55. Jun Wang & Congcong Liu & Zhuan Xie & Guangjun Shen, 2024. "Tax incentives and corporate innovation: Evidence from China's value‐added tax reform," Contemporary Economic Policy, Western Economic Association International, vol. 42(1), pages 183-202, January.
    56. Panpan Fu & Seema Wati Narayan & Olaf Weber & Yonggang Tian & Yi-Shuai Ren, 2022. "Does Local Confucian Culture Affect Corporate Environmental, Social, and Governance Ratings? Evidence from China," Sustainability, MDPI, vol. 14(24), pages 1-18, December.
    57. Cao, Zhangfan & Chen, Steven Xianglong & Lee, Edward, 2022. "Does business strategy influence interfirm financing? Evidence from trade credit," Journal of Business Research, Elsevier, vol. 141(C), pages 495-511.
    58. Unsal, Omer & Brodmann, Jennifer, 2020. "The impact of employee relations on the reputation of the board of directors and CEO," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 372-388.
    59. Ning Jia, 2019. "Corporate innovation strategy and disclosure policy," Review of Quantitative Finance and Accounting, Springer, vol. 52(1), pages 253-288, January.
    60. Dai, Yunhao & Tong, Xinchu & Wang, Li, 2022. "Workplace safety accident, employee treatment, and firm value: Evidence from China," Economic Modelling, Elsevier, vol. 115(C).
    61. Yuqi Gu, 2023. "Environmental performance and employee welfare: Evidence from health benefit costs," International Review of Finance, International Review of Finance Ltd., vol. 23(3), pages 484-501, September.
    62. Chen, Wen, 2023. "Bank connections, corporate social responsibility and low-carbon innovation," Energy Policy, Elsevier, vol. 183(C).
    63. Unsal, Omer, 2019. "Employee relations and firm risk: Evidence from court rooms," Research in International Business and Finance, Elsevier, vol. 48(C), pages 1-16.
    64. Chen, Yangyang & Podolski, Edward J. & Veeraraghavan, Madhu, 2017. "National culture and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 43(C), pages 173-187.

  21. Hsu, Po-Hsuan & Lee, Hsiao-Hui & Liu, Alfred Zhu & Zhang, Zhipeng, 2015. "Corporate innovation, default risk, and bond pricing," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 329-344.

    Cited by:

    1. Cowling, Marc & Ughetto, Elisa & Lee, Neil, 2018. "The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 166-176.
    2. Byun, SeongK. & Fuller, Kathleen & Lin, Zhilu, 2021. "The costs and benefits associated with inventor CEOs," Journal of Corporate Finance, Elsevier, vol. 71(C).
    3. Wang, Jiaxin & Qiang, Haofan & Liang, Yuchao & Huang, Xiang & Zhong, Wenrui, 2024. "How carbon risk affects corporate debt defaults: Evidence from Paris agreement," Energy Economics, Elsevier, vol. 129(C).
    4. Meles, Antonio & Salerno, Dario & Sampagnaro, Gabriele & Verdoliva, Vincenzo & Zhang, Jianing, 2023. "The influence of green innovation on default risk: Evidence from Europe," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 692-710.
    5. Hsu, Po-Hsuan & Huang, Peng & Humphery-Jenner, Mark & Powell, Ronan, 2021. "Cross-border mergers and acquisitions for innovation," Journal of International Money and Finance, Elsevier, vol. 112(C).
    6. Muhammad Atif & Searat Ali, 2021. "Environmental, social and governance disclosure and default risk," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3937-3959, December.
    7. Mahmud Hossain & Gerald J. Lobo & Santanu Mitra, 2023. "Firm-level political risk and corporate tax avoidance," Review of Quantitative Finance and Accounting, Springer, vol. 60(1), pages 295-327, January.
    8. Abinzano, Isabel & Martinez, Beatriz & Poletti-Hughes, Jannine, 2023. "Women in power with power: The influence of meaningful board representation on default risk," International Review of Financial Analysis, Elsevier, vol. 89(C).
    9. Chen, Chen & Chen, Yangyang & Hsu, Po-Hsuan & Podolski, Edward J., 2016. "Be nice to your innovators: Employee treatment and corporate innovation performance," Journal of Corporate Finance, Elsevier, vol. 39(C), pages 78-98.
    10. Fu, Yumei & He, Feng & Li, Jintian & Zan, Bingyan, 2024. "Commonality in liquidity and corporate default risk - Evidence from China," Research in International Business and Finance, Elsevier, vol. 69(C).
    11. Zhitao, Wang & Xiang, Ma, 2023. "Financial mismatch on corporate debt default risk: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
    12. Nie, Zi & Ling, Xuan & Chen, Meian, 2023. "The power of technology: FinTech and corporate debt default risk in China," Pacific-Basin Finance Journal, Elsevier, vol. 78(C).
    13. Habib, Ahsan & Ranasinghe, Dinithi, 2022. "Asset redeployability and credit ratings," Finance Research Letters, Elsevier, vol. 50(C).
    14. Chengyun Liu & Ziting Zhou & Kun Su & Ke Liu & Hui An, 2024. "Water risk and financial analysts' information environment: Empirical evidence from China," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1265-1304, February.
    15. Isabel Abinzano & Pilar Corredor & Beatriz Martinez, 2021. "Does family ownership always reduce default risk?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4025-4060, September.
    16. Coluccia, Daniela & Dabić, Marina & Del Giudice, Manlio & Fontana, Stefano & Solimene, Silvia, 2020. "R&D innovation indicator and its effects on the market. An empirical assessment from a financial perspective," Journal of Business Research, Elsevier, vol. 119(C), pages 259-271.
    17. Jiang, Cuiqing & Zhou, Yiru & Chen, Bo, 2023. "Mining semantic features in patent text for financial distress prediction," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    18. Islam, Md Shahidul & Alam, Md Samsul & Bin Hasan, Shehub & Mollah, Sabur, 2022. "Firm-level political risk and distance-to-default," Journal of Financial Stability, Elsevier, vol. 63(C).
    19. Sivathaasan Nadarajah & Muhammad Atif & Ammar Ali Gull, 2022. "State-Level Culture and Workplace Diversity Policies: Evidence from US Firms," Journal of Business Ethics, Springer, vol. 177(2), pages 443-462, May.
    20. Zaman, Rashid & Atawnah, Nader & Haseeb, Muhammad & Nadeem, Muhammad & Irfan, Saadia, 2021. "Does corporate eco-innovation affect stock price crash risk?," The British Accounting Review, Elsevier, vol. 53(5).
    21. Blind, Georg & Lottanti von Mandach, Stefania, 2017. "When Vultures Bring Blessings: Employment Growth in Japanese Businesses under Private Equity Ownership," MPRA Paper 77764, University Library of Munich, Germany.
    22. Wang, Jimin & Ho, Choy Yeing (Chloe) & Shan, Yuan George, 2024. "Does cybersecurity risk stifle corporate innovation activities?," International Review of Financial Analysis, Elsevier, vol. 91(C).
    23. Chuluun, Tuugi & Prevost, Andrew & Upadhyay, Arun, 2017. "Firm network structure and innovation," Journal of Corporate Finance, Elsevier, vol. 44(C), pages 193-214.
    24. Kim, Incheol & Pantzalis, Christos & Zhang, Zhengyi, 2021. "Multinationality and the value of green innovation," Journal of Corporate Finance, Elsevier, vol. 69(C).
    25. Brasel, Kelsey R. & Hill, Mary S. & Taylor, Gary K., 2022. "The relevance of GAAP vs. non-GAAP net assets to creditors: An examination of the credit default swap market," Advances in accounting, Elsevier, vol. 56(C).
    26. Bai, Qing & Tian, Shaonan, 2020. "Innovate or die: Corporate innovation and bankruptcy forecasts," Journal of Empirical Finance, Elsevier, vol. 59(C), pages 88-108.
    27. Lu, Chao & Yang, Meng & Xia, Xiaoxue, 2023. "Economic policy uncertainty and default risk: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 821-836.
    28. Ziyang Li & Qianwei Ying & Wu Yan & Chenjun Fan, 2022. "Does just‐in‐time adoption have an impact on corporate innovation: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 1599-1635, April.
    29. Nadarajah, Sivathaasan & Duong, Huu Nhan & Ali, Searat & Liu, Benjamin & Huang, Allen, 2021. "Stock liquidity and default risk around the world," Journal of Financial Markets, Elsevier, vol. 55(C).
    30. Xiaowo Wu & Jiangwei Tu & Boru Liu & Xi Zhou & Yanxiong Wu, 2022. "Credit Risk Evaluation of Forest Farmers under Internet Crowdfunding Mode: The Case of China’s Collective Forest Regions," Sustainability, MDPI, vol. 14(10), pages 1-17, May.
    31. Griffin, Paul A. & Hong, Hyun A. & Ryou, Ji Woo, 2018. "Corporate innovative efficiency: Evidence of effects on credit ratings," Journal of Corporate Finance, Elsevier, vol. 51(C), pages 352-373.
    32. Boubaker, Sabri & Cellier, Alexis & Manita, Riadh & Saeed, Asif, 2020. "Does corporate social responsibility reduce financial distress risk?," Economic Modelling, Elsevier, vol. 91(C), pages 835-851.
    33. Giraudo, Emanuele & Giudici, Giancarlo & Grilli, Luca, 2019. "Entrepreneurship policy and the financing of young innovative companies: Evidence from the Italian Startup Act," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    34. Jiangjing Que & Xueyong Zhang, 2020. "The role of foreign and domestic venture capital in innovation: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(S1), pages 1077-1110, April.
    35. Ziqin Yu & Xiang Xiao, 2022. "Innovation information disclosure and stock price crash risk‐based supervision and insurance effect path analysis," Australian Economic Papers, Wiley Blackwell, vol. 61(3), pages 534-590, September.
    36. Chen, Rongda & Zhou, Hanxian & Jin, Chenglu & Liu, Jia, 2020. "Discount or premium? Pricing of structured products: An analysis of Chinese market," International Review of Financial Analysis, Elsevier, vol. 70(C).
    37. Zhang, Dan & Pan, Xiaofei & Ma, Shiguang, 2023. "The effects of institutional investors and their contestability on firm innovation: Evidence from Chinese listed firms," Research Policy, Elsevier, vol. 52(10).
    38. Gerald J. Lobo & Yuan Xie & Joseph H. Zhang, 2018. "Innovation, financial reporting quality, and audit quality," Review of Quantitative Finance and Accounting, Springer, vol. 51(3), pages 719-749, October.
    39. Panta, Humnath & Narayanasamy, Arun & Panta, Ayush, 2023. "Organizational capital and credit ratings," Finance Research Letters, Elsevier, vol. 57(C).
    40. Andriosopoulos, Dimitris & Czarnowski, Pawel & Marshall, Andrew, 2023. "Do corporate lawyers matter? Evidence from patents," Journal of Corporate Finance, Elsevier, vol. 83(C).
    41. Hui Deng & Lingyun Xiong & Lijuan Xiao, 2024. "Does patent infringement litigation affect stock price crash risk? Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(1), pages 3-39, March.
    42. Sharma, Susan Sunila & Narayan, Paresh Kumar, 2022. "Technology shocks and stock returns: A long-term perspective," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 67-83.
    43. Wei, Yu & Nan, Haoxi & Wei, Guiwu, 2020. "The impact of employee welfare on innovation performance: Evidence from China's manufacturing corporations," International Journal of Production Economics, Elsevier, vol. 228(C).
    44. Sena, Vania & Duygun, Meryem & Lubrano, Giuseppe & Marra, Marianna & Shaban, Mohamed, 2018. "Board independence, corruption and innovation. Some evidence on UK subsidiaries," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 22-43.
    45. Liu, Zhonglu & Pang, Tengfei & Sun, Haibo, 2024. "Decarbonization policy and high-carbon enterprise default risk: Evidence from China," Economic Modelling, Elsevier, vol. 134(C).
    46. Wang, Liyue & Yang, Liuyong, 2023. "Environmental, social and governance performance and credit risk: Moderating effect of corporate life cycle," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
    47. Liu, Junrong & Deng, Guoying & Yan, Jingzhou & Ma, Shibo, 2023. "Unraveling the impact of climate policy uncertainty on corporate default risk: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PB).
    48. Yuan George Shan & Indrit Troshani & Jimin Wang & Lu Zhang, 2023. "Managerial ownership and financial distress: evidence from the Chinese stock market," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 20(1), pages 192-221, May.
    49. Ning Jia, 2019. "Corporate innovation strategy and disclosure policy," Review of Quantitative Finance and Accounting, Springer, vol. 52(1), pages 253-288, January.
    50. Lee, Hwang Hee & Oh, Frederick Dongchuhl, 2020. "Corporate innovation and credit default swap spreads," Finance Research Letters, Elsevier, vol. 32(C).

  22. Hsu, Po-Hsuan & Tian, Xuan & Xu, Yan, 2014. "Financial development and innovation: Cross-country evidence," Journal of Financial Economics, Elsevier, vol. 112(1), pages 116-135.

    Cited by:

    1. Nannan Wang & Dengfeng Cui & Chengguo Jin, 2022. "The Value of Internal Control during a Crisis: Evidence from Enterprise Resilience," Sustainability, MDPI, vol. 15(1), pages 1-18, December.
    2. Husain, Shaiara & Sohag, Kazi & Wu, Yanrui, 2024. "Proven reserve oil and renewable energy nexus: Efficacy of policy stringency," Resources Policy, Elsevier, vol. 90(C).
    3. Zhu, Zhaohui & Tan, Yafei, 2022. "Can green industrial policy promote green innovation in heavily polluting enterprises? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 59-75.
    4. KOUAKOU, Dorgyles C.M. & YEO, Kolotioloma I.H., 2023. "Can innovation reduce the size of the informal economy? Econometric evidence from 138 countries," MPRA Paper 119264, University Library of Munich, Germany.
    5. Wang, Jianlong & Wang, Weilong & Liu, Yong & Wu, Haitao, 2023. "Can industrial robots reduce carbon emissions? Based on the perspective of energy rebound effect and labor factor flow in China," Technology in Society, Elsevier, vol. 72(C).
    6. Wei-Chuan Kao, 2018. "Innovation quality of firms with the research and development tax credit," Review of Quantitative Finance and Accounting, Springer, vol. 51(1), pages 43-78, July.
    7. Chen, Donghua & Yu, Xin & Zhang, Zhou, 2019. "Foreign direct investment comovement and home country institutions," Journal of Business Research, Elsevier, vol. 95(C), pages 220-231.
    8. Hassan, M. Kabir & Houston, Reza & Karim, M. Sydul, 2021. "Courting innovation: The effects of litigation risk on corporate innovation," Journal of Corporate Finance, Elsevier, vol. 71(C).
    9. Yuan, Li & Rao, Siqi & Yang, Shenggang & Dai, Pengyi, 2023. "Does equity market openness increase productivity? the dual effects of Shanghai-Hong Kong stock Connect program in China," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
    10. de Faria, Aline Mariane & Oliveira Junior, Moacir de Miranda & Borini, Felipe Mendes, 2019. "Pubic funding for innovation: The importance of individual resources of the entrepreneur and the relational resources of the firm," Technology in Society, Elsevier, vol. 59(C).
    11. Zeqiraj, Veton & Sohag, Kazi & Soytas, Ugur, 2020. "Stock market development and low-carbon economy: The role of innovation and renewable energy," Energy Economics, Elsevier, vol. 91(C).
    12. Cavallaro, Eleonora & Villani, Ilaria, 2024. "Financial Asymmetries, Risk Sharing and Growth in The EU," Single Market Economics Papers WP2024/21, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    13. Zhang, Zhengyong & Xu, Zefeng & Ding, Yi, 2023. "Do economic growth target constraints affect firm innovation?," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 373-388.
    14. Zhu, Xiaoquan & Peng, Hongfeng & Zhang, Zijian, 2020. "The nexus of judicial efficiency, social burden and default risk: Cross-country evidence," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 68(C).
    15. Ma, Yu & Zhang, Tingting & Qian, Wenyu & Wei, Danqi, 2022. "Financial development, demographic changes, and the growth of the non-hydro renewable energy Industry—An empirical test based on R&D and financing costs," Renewable Energy, Elsevier, vol. 185(C), pages 217-229.
    16. Wang, Jiaxin & Qiang, Haofan & Liang, Yuchao & Huang, Xiang & Zhong, Wenrui, 2024. "How carbon risk affects corporate debt defaults: Evidence from Paris agreement," Energy Economics, Elsevier, vol. 129(C).
    17. Chen, Shiu-Sheng, 2017. "Exchange rate undervaluation and R&D activity," Journal of International Money and Finance, Elsevier, vol. 72(C), pages 148-160.
    18. Kamilia Loukil, 2020. "The Impact of Financial Development on Innovation Activities in Emerging and Developing Countries," Business and Economic Research, Macrothink Institute, vol. 10(1), pages 112-119, March.
    19. Lee, Jiyoon, 2022. "Do firms use credit lines to support investment opportunities?: Evidence from success in R&D," Journal of Empirical Finance, Elsevier, vol. 69(C), pages 1-14.
    20. Zhang, Zhinan & Xu, Xiangyun, 2023. "Sustainable financial risk, resources abundance and technological innovation: Evidence from resources abundance economies," Resources Policy, Elsevier, vol. 83(C).
    21. Xu, Yibin & Chen, Zhibin & Fan, Rui, 2023. "Highly skilled foreign labor introduction policies and corporate innovation: Evidence from a natural experiment in China," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 137-156.
    22. Jin, Laiqun & Dai, Jiaying & Jiang, Weijie & Cao, Kairui, 2023. "Digital finance and misallocation of resources among firms: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 66(C).
    23. Qureshi, Irfan & Park, Donghyun & Crespi, Gustavo Atilio & Benavente, Jose Miguel, 2021. "Trends and determinants of innovation in Asia and the Pacific vs. Latin America and the Caribbean," Journal of Policy Modeling, Elsevier, vol. 43(6), pages 1287-1309.
    24. Li, Kailun & Xia, Yifei & Zhang, Jianing, 2023. "CEOs’ multicultural backgrounds and firm innovation: Evidence from China," Finance Research Letters, Elsevier, vol. 57(C).
    25. Antonio Ciccone & Elias Papaioannou, 2023. "Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark Industry Characteristics," The Economic Journal, Royal Economic Society, vol. 133(649), pages 130-158.
    26. Bailey, Warren B. & Cao, Xiaping & Yang, Zhenyi & Zhou, Sili, 2024. "Who leads and who follows? The cross-border peer effect in investment by Chinese and US firms," Journal of International Economics, Elsevier, vol. 147(C).
    27. Amin, Md Ruhul & Wang, Xinyu & Aktas, Elvan, 2023. "Does oil price uncertainty affect corporate innovation?," Energy Economics, Elsevier, vol. 118(C).
    28. Li, Yunhe & Liu, Yu & Xie, Feixue, 2019. "Technology directors and firm innovation," Journal of Multinational Financial Management, Elsevier, vol. 50(C), pages 76-88.
    29. Mirzaei, Ali & Grosse, Robert, 2019. "The interaction of quantity and quality of finance: Did it make industries more resilient to the recent global financial crisis?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 493-512.
    30. Atangana Ondoa, Henri & Nyebe Andela, Berthe, 2023. "Are natural resources a blessing or a curse for scientific and technical research in Africa?," Resources Policy, Elsevier, vol. 85(PA).
    31. Allen, Franklin & Qian, Jun & Qian, Meijun, 2018. "A Review of China’s Institutions," CEPR Discussion Papers 13269, C.E.P.R. Discussion Papers.
    32. Bircan, Cagatay & de Haas, R., 2015. "The Limits of Lending : Banks and Technology Adoption Across Russia," Discussion Paper 2015-011, Tilburg University, Center for Economic Research.
    33. Ho, Chun-Yu & Huang, Shaoqing & Shi, Hao & Wu, Jun, 2018. "Financial deepening and innovation: The role of political institutions," World Development, Elsevier, vol. 109(C), pages 1-13.
    34. Yongqiang Chu & Xuan Tian & Wenyu Wang, 2019. "Corporate Innovation Along the Supply Chain," Management Science, INFORMS, vol. 67(6), pages 2445-2466, June.
    35. de Haas, Ralph & Popov, A., 2018. "Financial Development and Industrial Pollution," Discussion Paper 2018-024, Tilburg University, Center for Economic Research.
    36. Oliver Levine & Missaka Warusawitharana, 2014. "Finance and Productivity Growth: Firm-level Evidence," Finance and Economics Discussion Series 2014-17, Board of Governors of the Federal Reserve System (U.S.).
    37. Chen, Zhigang & Lv, Bingyang & Liu, Yongzheng, 2019. "Financial development and the composition of government expenditure: Theory and cross-country evidence," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 600-611.
    38. Hou, Qingsong & Hu, May & Yuan, Yuan, 2017. "Corporate innovation and political connections in Chinese listed firms," Pacific-Basin Finance Journal, Elsevier, vol. 46(PA), pages 158-176.
    39. Luo, Lianfa & Cheng, Zhiming & Ye, Qingqing & Cheng, Yanjun & Smyth, Russell & Yang, Zhiqing & Zhang, Le, 2023. "Nonmonetary Awards and Innovation: Evidence from Winning China's Top Brand Contest," GLO Discussion Paper Series 1345, Global Labor Organization (GLO).
    40. Xuan Zhang, 2023. "The impact of digital finance on corporate labor productivity: evidence from Chinese-listed companies," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 50(3), pages 527-550, September.
    41. Liu, Qigui & Wang, Junyi & Chi, Wenqiang, 2022. "The spillover effects of innovation content disclosure in MD&A," Pacific-Basin Finance Journal, Elsevier, vol. 76(C).
    42. Chun Jiang & Amei Feng & Chunhuan Xiao, 2021. "Does Capital Account Liberalization Spur Entrepreneurship: The Role of Financial Development," Sustainability, MDPI, vol. 13(16), pages 1-19, August.
    43. Francesco Aiello & Graziella Bonanno & Stefania Patrizia Sonia Rossi, 2019. "Risk Aversion And Entrepreneurship: Financing Innovation For Smes Across Europe. Evidence From Multilevel Models," Working Papers 201902, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    44. Cavallaro, Eleonora & Villani, Ilaria, 2021. "Real income convergence and the patterns of financial integration in the EU," The North American Journal of Economics and Finance, Elsevier, vol. 56(C).
    45. Villani, Davide, 2021. "Revisiting the external financial dependence index in light of the rise of corporate net lending: What do we really measure?," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 361-376.
    46. Fenghua Pan & Bofei Yang, 2019. "Financial development and the geographies of startup cities: evidence from China," Small Business Economics, Springer, vol. 52(3), pages 743-758, March.
    47. Bechlioulis, Alexandros & Economidou, Claire & Karamanis, Dimitrios & Konstantios, Dimitrios, 2023. "How important are capital controls in shaping innovation activity?," Journal of International Money and Finance, Elsevier, vol. 131(C).
    48. Mélise Jaud & Madina Kukenova & Martin Strieborny, 2009. "Financial dependence and intensive margin of trade," PSE Working Papers halshs-00575005, HAL.
    49. SooGeun Ahn & Jeewhan Yoon & YoungJun Kim, 2018. "The innovation activities of small and medium-sized enterprises and their growth: quantile regression analysis and structural equation modeling," The Journal of Technology Transfer, Springer, vol. 43(2), pages 316-342, April.
    50. Boubakri, Narjess & Chkir, Imed & Saadi, Samir & Zhu, Hui, 2021. "Does national culture affect corporate innovation? International evidence," Journal of Corporate Finance, Elsevier, vol. 66(C).
    51. Yuchen Lin & Daxin Dong & Jiaxin Wang, 2021. "The Negative Impact of Uncertainty on R&D Investment: International Evidence," Sustainability, MDPI, vol. 13(5), pages 1-21, March.
    52. Alam, Ashraful & Uddin, Moshfique & Yazdifar, Hassan & Shafique, Sujana & Lartey, Theophilus, 2020. "R&D investment, firm performance and moderating role of system and safeguard: Evidence from emerging markets," Journal of Business Research, Elsevier, vol. 106(C), pages 94-105.
    53. Kamguia, Brice & Tadadjeu, Sosson & Miamo, Clovis & Njangang, Henri, 2022. "Does foreign aid impede economic complexity in developing countries?," International Economics, Elsevier, vol. 169(C), pages 71-88.
    54. Jia, Qiaoyu & Zhou, Jia'nan, 2021. "The dark side of stock market liberalization: Perspectives from corporate R&D activities in China," The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
    55. Zhu, Xiaoyang & Asimakopoulos, Stylianos & Kim, Jaebeom, 2020. "Financial development and innovation-led growth: Is too much finance better?," Journal of International Money and Finance, Elsevier, vol. 100(C).
    56. Shao, Chuanlin & Tao, Yunqing & Chen, Dong & Ye, Yongwei, 2023. "Curse or blessing: National industrial investment fund and corporate R&D in China," Finance Research Letters, Elsevier, vol. 54(C).
    57. Zhang, Yiren & Ran, Congjing, 2023. "Effect of digital economy on air pollution in China? New evidence from the “National Big Data Comprehensive Pilot Area” policy," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 986-1004.
    58. Liu, Shasha & Kong, Dongmin & Zhang, Jian, 2024. "Air pollution-induced brain drain: Evidence from inventor mobility," International Review of Financial Analysis, Elsevier, vol. 91(C).
    59. Kamran Bilir & Davin Chor & Kalina Manova, 2014. "Host-Country Financial Development and Multinational Activity," NBER Working Papers 20046, National Bureau of Economic Research, Inc.
    60. Liu, Jiangtao & Zhang, Yi & Kuang, Jia, 2023. "Fintech development and green innovation: Evidence from China," Energy Policy, Elsevier, vol. 183(C).
    61. Adisu Fanta Bate & Esther Wanjiru Wachira & Sándor Danka, 2023. "The determinants of innovation performance: an income-based cross-country comparative analysis using the Global Innovation Index (GII)," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-27, December.
    62. Brem, Alexander & Nylund, Petra & Viardot, Eric, 2020. "The impact of the 2008 financial crisis on innovation: A dominant design perspective," Journal of Business Research, Elsevier, vol. 110(C), pages 360-369.
    63. Guney, Yilmaz & Karpuz, Ahmet & Ozkan, Neslihan, 2017. "R&D investments and credit lines," Journal of Corporate Finance, Elsevier, vol. 46(C), pages 261-283.
    64. Didier, Tatiana & Levine, Ross & Llovet Montanes, Ruth & Schmukler, Sergio L., 2021. "Capital market financing and firm growth," Journal of International Money and Finance, Elsevier, vol. 118(C).
    65. Trabelsi Ramzi & Akri Ben Salah, 2018. "The Determinants of Innovation Capacity in the Less Innovative Countries in the Euro-Mediterranean Region," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(2), pages 526-543, June.
    66. Joel Stiebale & Nicole Wößner, 2020. "M&As, Investment and Financing Constraints," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 27(1), pages 49-92, January.
    67. Bedford, Anna & Ma, Le & Ma, Nelson & Vojvoda, Kristina, 2022. "Australian innovation: Patent database construction and first evidence," Pacific-Basin Finance Journal, Elsevier, vol. 73(C).
    68. Yuming Zhang & Juanjuan Zhang & Zhang Cheng, 2021. "Stock Market Liberalization and Corporate Green Innovation: Evidence from China," IJERPH, MDPI, vol. 18(7), pages 1-22, March.
    69. Antonio Accetturo & Luciana Aimone & Enrico Beretta & Silvia Camussi & Luigi Cannari & Daniele Coin & Laura Conti & Roberto Cullino & Alessandro Fabbrini & Cristina Fabrizi & Giovanni Iuzzolino & Ales, 2015. "Deindustrialization and tertiarization: structural changes in North West Italy," Questioni di Economia e Finanza (Occasional Papers) 282, Bank of Italy, Economic Research and International Relations Area.
    70. Carolina Senent-Bailach & Andrea Rey-Martí, 2017. "Creating Entrepreneurship through Social Innovation: The Case of I-Box Create," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 11(4), December.
    71. Li, Chengming & Wang, Yilin & Zhou, Zhihan & Wang, Zeyu & Mardani, Abbas, 2023. "Digital finance and enterprise financing constraints: Structural characteristics and mechanism identification," Journal of Business Research, Elsevier, vol. 165(C).
    72. Huiquan Li & Qingning Lin & Yan Wang & Shiping Mao, 2023. "Can Digital Finance Improve China’s Agricultural Green Total Factor Productivity?," Agriculture, MDPI, vol. 13(7), pages 1-19, July.
    73. Liu, Yuandan & Tang, Tingfeng & Ah, Ranran & Luo, Limin, 2024. "Has digital technology promoted the restructuring of global value chains? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 269-280.
    74. Xiaoxue Liu & Jingyun Zhou & You Wu & Na Hao, 2022. "The Influence of Party Organization Involvements in Corporate Governance on Innovation: Evidence from China’s Private-Owned Enterprises," Sustainability, MDPI, vol. 14(24), pages 1-30, December.
    75. Ping Ji & Weidong Huo & Lan Bo & Weiwei Zhang & Xiaoxian Chen, 2022. "Would Financial Development Help China Achieve Carbon Peak Emissions?," IJERPH, MDPI, vol. 19(19), pages 1-19, October.
    76. Li, Kaixian & Wang, Dongyu & Xu, Tong & Zhang, Yuqi, 2024. "Financial development and resource-curse hypothesis: Moderating role of internal and external conflict in the MENA region," Resources Policy, Elsevier, vol. 90(C).
    77. Su, Zili, 2023. "Essays on equity incentive and share pledging in China," Other publications TiSEM fb4495ee-f9bc-45c7-9d85-1, Tilburg University, School of Economics and Management.
    78. Cho, Chanho & Halford, Joseph T. & Hsu, Scott & Ng, Lilian, 2016. "Do managers matter for corporate innovation?," Journal of Corporate Finance, Elsevier, vol. 36(C), pages 206-229.
    79. Mhuru, Raviro Mercy & Daglish, Toby & Geng, Heng, 2022. "Oil discoveries and innovation," Energy Economics, Elsevier, vol. 110(C).
    80. Kou, Mingting & Yang, Yuanqi & Chen, Kaihua, 2020. "The impact of external R&D financing on innovation process from a supply-demand perspective," Economic Modelling, Elsevier, vol. 92(C), pages 375-387.
    81. Bisharat Hussain Chang & Khalil Ahmed Channa & Emmanuel Uche & Osamah Ibrahim Khalaf & Osamah Waheed Ali, 2022. "Analyzing the impacts of terrorism on innovation activity: A cross country empirical study," Advances in Decision Sciences, Asia University, Taiwan, vol. 26(Special), pages 124-161, December.
    82. Thomas Pernet & Mathilde Maurel & Zhao Ruili, 2023. "Internal finance, financial constraint and pollution emissions: evidence from China," Documents de travail du Centre d'Economie de la Sorbonne 23015, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    83. Filippo Mezzanotti, 2021. "Roadblock to Innovation: The Role of Patent Litigation in Corporate R&D," Management Science, INFORMS, vol. 67(12), pages 7362-7390, December.
    84. Kong, Dongmin & Zhao, Ying & Liu, Shasha, 2021. "Trust and innovation: Evidence from CEOs' early-life experience," Journal of Corporate Finance, Elsevier, vol. 69(C).
    85. Yang, Ann Shawing & Okada, Hiromu, 2019. "Corporate innovations as institutional anomie: Patent activities and financial performance of the international aerospace industry," Finance Research Letters, Elsevier, vol. 28(C), pages 328-336.
    86. Wen, Jun & Zhao, Xin-Xin & Fu, Qiang & Chang, Chun-Ping, 2023. "The impact of extreme weather events on green innovation: Which ones bring to the most harm?," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    87. Boasiako, Kwabena Antwi & Adasi Manu, Sylvester & Antwi-Darko, Nana Yaw, 2022. "Does financing influence the sensitivity of cash and investment to asset tangibility?," International Review of Financial Analysis, Elsevier, vol. 80(C).
    88. Abdin, Joynal & Sharma, Abhijit & Trivedi, Rohit & Wang, Chengang, 2024. "Financing constraints, intellectual property rights protection and incremental innovation: Evidence from transition economy firms," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    89. Kun Wang & Bing Chen & Yuhong Li, 2024. "Technological, process or managerial innovation? How does digital transformation affect green innovation in industrial enterprises?," Economic Change and Restructuring, Springer, vol. 57(1), pages 1-32, February.
    90. Trung V. Vu, 2022. "Linking LGBT inclusion and national innovative capacity," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(1), pages 191-214, January.
    91. Liu, Shasha & Ji, Mianmian & Wang, Huijuan, 2021. "Decentralization and firm innovation: Evidence from a natural experiment in China," Economic Modelling, Elsevier, vol. 94(C), pages 501-512.
    92. Gordon, Elizabeth A. & Hsu, Hsiao-Tang & Huang, Huichi, 2020. "Peer R&D disclosure and corporate innovation: Evidence from American depositary receipt firms," Advances in accounting, Elsevier, vol. 49(C).
    93. Jia, Ning & Tian, Xuan, 2018. "Accessibility and materialization of firm innovation," Journal of Corporate Finance, Elsevier, vol. 48(C), pages 515-541.
    94. Shuanglian Chen & Zhehao Huang & Benjamin M. Drakeford & Pierre Failler, 2019. "Lending Interest Rate, Loaning Scale, and Government Subsidy Scale in Green Innovation," Energies, MDPI, vol. 12(23), pages 1-22, November.
    95. Ross Levine & Chen Lin & Lai Wei, 2015. "Insider Trading and Innovation," NBER Working Papers 21634, National Bureau of Economic Research, Inc.
    96. Lee, Chien-Chiang & Wang, Chih-Wei & Ho, Shan-Ju, 2020. "Financial innovation and bank growth: The role of institutional environments," The North American Journal of Economics and Finance, Elsevier, vol. 53(C).
    97. Peng Liu & Daxin Dong, 2020. "Impact of Economic Policy Uncertainty on Trade Credit Provision: The Role of Social Trust," Sustainability, MDPI, vol. 12(4), pages 1-24, February.
    98. Cheng, Rui & Frijns, Bart & Kim, Hyeongjun & Ryu, Doojin, 2024. "Effects of option incentive compensation on corporate innovation: The case of China," Economic Systems, Elsevier, vol. 48(1).
    99. Simona Mateut, 2018. "Subsidies, financial constraints and firm innovative activities in emerging economies," Small Business Economics, Springer, vol. 50(1), pages 131-162, January.
    100. Barros, Victor & Verga Matos, Pedro & Miranda Sarmento, Joaquim & Rino Vieira, Pedro, 2023. "High-tech firms: Dividend policy in a context of sustainability and technological change," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    101. Ying Xie & Minglong Zhang, 2023. "Influence of Clean Energy and Financial Structure on China’s Provincial Carbon Emission Efficiency—Empirical Analysis Based on Spatial Spillover Effects," Sustainability, MDPI, vol. 15(4), pages 1-25, February.
    102. Yang, Xingquan & Han, Liang & Li, Wanli & Yin, Xingqiang & Tian, Lin, 2017. "Monetary policy, cash holding and corporate investment: Evidence from China," China Economic Review, Elsevier, vol. 46(C), pages 110-122.
    103. Alsagr, Naif & Ozturk, Ilhan, 2024. "Natural resources rent and green investment: Does institutional quality matter?," Resources Policy, Elsevier, vol. 90(C).
    104. Kai Tang & Qianbo Chen & Weijie Tan & Yi Jun Wu Feng, 2022. "The Impact of Financial Deepening on Carbon Reductions in China: Evidence from City- and Enterprise-Level Data," IJERPH, MDPI, vol. 19(18), pages 1-15, September.
    105. Igan, Deniz & Kutan, Ali M. & Mirzaei, Ali, 2020. "The real effects of capital inflows in emerging markets," Journal of Banking & Finance, Elsevier, vol. 119(C).
    106. Kai Zhao & Huahua Huang & Wanshu Wu, 2022. "State-Level Urban Agglomeration and Enterprise Innovation: A Quasi-Natural Experiment," Sustainability, MDPI, vol. 14(15), pages 1-17, July.
    107. He, Eric & Jacob, Martin & Vashishtha, Rahul & Venkatachalam, Mohan, 2022. "Does differential taxation of short-term relative to long-term capital gains affect long-term investment?," Journal of Accounting and Economics, Elsevier, vol. 74(1).
    108. Blanco, Iván & Wehrheim, David, 2017. "The bright side of financial derivatives: Options trading and firm innovation," Journal of Financial Economics, Elsevier, vol. 125(1), pages 99-119.
    109. De Haas, Ralph & Popov, Alexander, 2019. "Finance and Green Growth," CEPR Discussion Papers 14012, C.E.P.R. Discussion Papers.
    110. Xu Luo & Mengke Yu & Yongsheng Jin, 2023. "The Impact of Economic Policy Uncertainty on Enterprise Green Innovation: A Study on the Moderating Effect of Carbon Information Disclosure," Sustainability, MDPI, vol. 15(6), pages 1-17, March.
    111. Sun, Wenhao & Gao, Jijun & Jacoby, Gady & Wu, Zhenyu, 2024. "Access to capital and energy efficiency: How high-speed rail investments benefit high-tech firms," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 91(C).
    112. Xu, Zhaoxia, 2020. "Economic policy uncertainty, cost of capital, and corporate innovation," Journal of Banking & Finance, Elsevier, vol. 111(C).
    113. Han Long & Gen-Fu Feng & Chun-Ping Chang, 2023. "How does ESG performance promote corporate green innovation?," Economic Change and Restructuring, Springer, vol. 56(4), pages 2889-2913, August.
    114. Ding, Na & Gu, Leilei & Peng, Yuchao, 2022. "Fintech, financial constraints and innovation: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 73(C).
    115. Kim, Jeayoon & Park, Kwangwoo, 2018. "Effect of the Clean Development Mechanism on the deployment of renewable energy: Less developed vs. well-developed financial markets," Energy Economics, Elsevier, vol. 75(C), pages 1-13.
    116. Lei, Jin & Qiu, Jiaping & Wan, Chi, 2018. "Asset tangibility, cash holdings, and financial development," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 223-242.
    117. Jacek Lewkowicz & Anna Lewczuk, 2022. "Innovation through Collaboration," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 70(1), pages 36-56, January.
    118. Chen, Sheng-Syan & Kao, Wei-Chuan & Wang, Yanzhi, 2021. "Tax policy and innovation performance: Evidence from enactment of the alternative simplified credit," Journal of Banking & Finance, Elsevier, vol. 125(C).
    119. James R Brown & Gustav Martinsson & Christian Thomann, 2022. "Can Environmental Policy Encourage Technical Change? Emissions Taxes and R&D Investment in Polluting Firms," The Review of Financial Studies, Society for Financial Studies, vol. 35(10), pages 4518-4560.
    120. Hongchen Li & Huijun Qi & Hongjian Cao & Li Yuan, 2022. "Industrial Policy and Technological Innovation of New Energy Vehicle Industry in China," Energies, MDPI, vol. 15(24), pages 1-17, December.
    121. Li, Keming, 2018. "Innovation externalities and the customer/supplier link," Journal of Banking & Finance, Elsevier, vol. 86(C), pages 101-112.
    122. Wang, Si-Meng & Wang, Miao & Feng, Chao, 2024. "Deleveraging and green technology innovation: Evidence from Chinese listed companies," Research in International Business and Finance, Elsevier, vol. 69(C).
    123. Yao, Xin & Li, Xiyan, 2023. "Dark side of resource dependence: Inadequate entrepreneurship," Resources Policy, Elsevier, vol. 85(PA).
    124. Julian Atanassov, 2016. "Arm’s Length Financing and Innovation: Evidence from Publicly Traded Firms," Management Science, INFORMS, vol. 62(1), pages 128-155, January.
    125. Ephraim Clark & Zhuo Qiao, 2022. "Stock exchange efficiency and convergence: international evidence," Annals of Operations Research, Springer, vol. 313(2), pages 855-875, June.
    126. Nattarinee Denlertchaikul & Pattanaporn Chatjuthamard & Pornsit Jiraporn & Piyachart Phiromswad, 2022. "The Interaction Effect of Text-Based Corporate Innovation and Economic Policy Uncertainty on Firm Performance," SAGE Open, , vol. 12(4), pages 21582440221, November.
    127. Jia, Junsheng & He, Xiaoyu & Zhu, Taiyu & Zhang, Eryu, 2023. "Does green finance reform promote corporate green innovation? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
    128. Adhikari, Hari P. & Choi, Wonseok & Sah, Nilesh B., 2017. "That is what friends do: employee friendliness and innovation," Journal of Economics and Business, Elsevier, vol. 90(C), pages 65-76.
    129. Liu, Tong & Mao, Yifei & Tian, Xuan, 2023. "The role of human capital: Evidence from corporate innovation," Journal of Empirical Finance, Elsevier, vol. 74(C).
    130. Luca Giordano & Claudia Guagliano, 2016. "The Impact of Financial Architecture on Technical Innovation," Applied Economics and Finance, Redfame publishing, vol. 3(3), pages 263-287, August.
    131. Henri Njangang & Simplice A. Asongu & Sosson Tadadjeu & Yann Nounamo, 2021. "Is financial development shaping or shaking economic sophistication in African countries?," Working Papers 21/018, European Xtramile Centre of African Studies (EXCAS).
    132. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.
    133. Yang, Sen & Xu, Jiawei & Lei, Tianyi & Wang, Mengdi, 2024. "How to improve the efficiency of green development? The role of digital finance," Finance Research Letters, Elsevier, vol. 63(C).
    134. Koptyug, Nikita & Persson, Lars & Tåg, Joacim, 2019. "Should We Worry about the Decline of the Public Corporation? A Brief Survey of the Economics and External Effects of the Stock Market," Working Paper Series 1298, Research Institute of Industrial Economics.
    135. Alina Sorescu & Sorin M. Sorescu & Will J. Armstrong & Bart Devoldere, 2018. "Two Centuries of Innovations and Stock Market Bubbles," Marketing Science, INFORMS, vol. 37(4), pages 507-529, August.
    136. Mamun, Md Al & Sohag, Kazi & Shahbaz, Muhammad & Hammoudeh, Shawkat, 2018. "Financial Markets, Innovations and Cleaner Energy Production in OECD Countries," MPRA Paper 85771, University Library of Munich, Germany, revised 06 Apr 2018.
    137. Xiaoyu Bai & Shengxu Xiong & Zhe Zhou & Xin Liu, 2024. "How to Improve an Enterprise’s Innovation Capability from the Perspective of High- and Low-Level Enterprises Using Fuzzy-Set Qualitative Comparative Analysis," Sustainability, MDPI, vol. 16(7), pages 1-15, April.
    138. Cheng, Yuanyuan & Du, Kerui & Yao, Xin, 2023. "Stringent environmental regulation and inconsistent green innovation behavior: Evidence from air pollution prevention and control action plan in China," Energy Economics, Elsevier, vol. 120(C).
    139. Mao, Yifei, 2021. "Managing innovation: The role of collateral," Journal of Accounting and Economics, Elsevier, vol. 72(1).
    140. Brown, James R. & Martinsson, Gustav & Petersen, Bruce C., 2015. "Do Financing Constraints Matter for R&D?," Working Paper Series in Economics and Institutions of Innovation 394, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    141. Yanyan Sun & Sha Fan, 2023. "Chinese Outward Foreign Direct Investment and Innovation in Host Countries: Evidence from Countries Along the Belt and Road," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 15(2), pages 234-253, May.
    142. Yang, Bao & Chou, Hsin-I. & Zhao, Jing, 2020. "Innovation or dividend payout: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 68(C), pages 180-203.
    143. He, Chao & Li, Yanxi & Zhu, Jiawei, 2022. "The effect of firm-level perception of uncertainty on innovation: Evidence from China’s listed firms," Economics Letters, Elsevier, vol. 221(C).
    144. Abhiroop Mukherjee & Alminas Zaldokas, 2017. "Do Corporate Taxes Hinder Innovation?," HKUST IEMS Thought Leadership Brief Series 2017-16, HKUST Institute for Emerging Market Studies, revised Jul 2017.
    145. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    146. Acharya, Viral & Xu, Zhaoxia, 2017. "Financial dependence and innovation: The case of public versus private firms," Journal of Financial Economics, Elsevier, vol. 124(2), pages 223-243.
    147. Francisca Sempere-Ripoll & Sofia Estelles-Miguel & Ronald Rojas-Alvarado & Jose-Luis Hervas-Oliver, 2020. "Does Technological Innovation Drive Corporate Sustainability? Empirical Evidence for the European Financial Industry in Catching-Up and Central and Eastern Europe Countries," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    148. Trinugroho, Irwan & Law, Siong Hook & Lee, Weng Chang & Wiwoho, Jamal & Sergi, Bruno S., 2021. "Effect of financial development on innovation: Roles of market institutions," Economic Modelling, Elsevier, vol. 103(C).
    149. Liu, Yang & Blankenburg, Martin & Wang, Mei, 2023. "Earnings expectations of grey and green energy firms: Analysis against the background of global climate change mitigation," Energy Economics, Elsevier, vol. 121(C).
    150. Huang, Yi-Hou & Liang, Woan-lih & Truong, Quang-Thai & Wang, Yanzhi, 2022. "No new tricks for old dogs? Old directors and innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    151. Pang, Caiji & Wang, Ying, 2020. "Stock pledge, risk of losing control and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 60(C).
    152. Hassan F. Gholipour, 2020. "Urban house prices and investments in small and medium-sized industrial firms: Evidence from provinces of Iran," Urban Studies, Urban Studies Journal Limited, vol. 57(16), pages 3347-3362, December.
    153. Allen, Jason & Paligorova, Teodora, 2015. "Bank loans for private and public firms in a liquidity crunch," Journal of Financial Stability, Elsevier, vol. 18(C), pages 106-116.
    154. Ye, Chusheng & Ye, Qin & Shi, Xunpeng & Sun, Yongping, 2020. "Technology gap, global value chain and carbon intensity: Evidence from global manufacturing industries," Energy Policy, Elsevier, vol. 137(C).
    155. Steff De Visscher & Markus Eberhardt & Gerdie Everaert, 2017. "Measuring productivity and absorptive capacity evolution," Discussion Papers 2017-11, University of Nottingham, GEP.
    156. Xuemeng Guo & Ke Guo & Hanzhong Zheng, 2023. "Industrial Agglomeration and Enterprise Innovation Sustainability: Empirical Evidence from the Chinese A-Share Market," Sustainability, MDPI, vol. 15(15), pages 1-26, July.
    157. Bekhet, Hussain Ali & Latif, Nurul Wahilah Abdul, 2018. "The impact of technological innovation and governance institution quality on Malaysia's sustainable growth: Evidence from a dynamic relationship," Technology in Society, Elsevier, vol. 54(C), pages 27-40.
    158. Brancati, Emanuele & Minetti , Raoul & Zhu, Susan Chun, 2020. "Finance and Innovation in the Production Network," Working Papers 2020-13, Michigan State University, Department of Economics.
    159. Ur Rehman, Ijaz & Shahbaz, Muhammad & Kyophilavong, Phouphet, 2013. "Do Technological Developments and Financial Development Promote Economic Growth: Fresh Evidence from Romania," MPRA Paper 51813, University Library of Munich, Germany, revised 29 Nov 2013.
    160. Glaeser, Stephen, 2018. "The effects of proprietary information on corporate disclosure and transparency: Evidence from trade secrets," Journal of Accounting and Economics, Elsevier, vol. 66(1), pages 163-193.
    161. Cui, Xin & Wang, Chunfeng & Sensoy, Ahmet & Liao, Jing & Xie, Xiaochen, 2023. "Economic policy uncertainty and green innovation: Evidence from China," Economic Modelling, Elsevier, vol. 118(C).
    162. Xiaoyang Zhu, 2023. "Financial development and declining market dynamics: Another dark side of “too much finance”?," Empirical Economics, Springer, vol. 65(1), pages 275-309, July.
    163. Giebel, Marek & Kraft, Kornelius, 2020. "Bank credit supply and firm innovation behavior in the financial crisis," Journal of Banking & Finance, Elsevier, vol. 121(C).
    164. Dong, Xiao & Yu, Mingzhe, 2024. "Green bond issuance and green innovation: Evidence from China's energy industry," International Review of Financial Analysis, Elsevier, vol. 94(C).
    165. Dongmin Kong & Chen Lin & Lai Wei & Jian Zhang, 2022. "Information Accessibility and Corporate Innovation," Management Science, INFORMS, vol. 68(11), pages 7837-7860, November.
    166. Hussain, Muzzammil & Ye, Zhiwei & Bashir, Adnan & Chaudhry, Naveed Iqbal & Zhao, Yingjun, 2021. "A nexus of natural resource rents, institutional quality, human capital, and financial development in resource-rich high-income economies," Resources Policy, Elsevier, vol. 74(C).
    167. Liu, Yu, 2020. "The comparative and interactive effects of political, academic and financial directors," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 546-565.
    168. Ding, Yuanyi, 2023. "Does natural resources cause sustainable financial development or resources curse? Evidence from group of seven economies," Resources Policy, Elsevier, vol. 81(C).
    169. Jiang, Mingrui & Luo, Sumei & Zhou, Guangyou, 2020. "Financial development, OFDI spillovers and upgrading of industrial structure," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    170. Adamu Jibir & Hassan Zada & Musa Abdu & Naveed Khan, 2023. "Financial Development And Innovationled Economic Growth: Empirical Insight From Sub-Saharan Africa," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 68(237), pages 97-136, April – J.
    171. Wenxiu Hu & Jinzhu Du & Weiguo Zhang, 2020. "Corporate Social Responsibility Information Disclosure and Innovation Sustainability: Evidence from China," Sustainability, MDPI, vol. 12(1), pages 1-19, January.
    172. Hu, Guoqiang & Wang, Xiaoqi & Wang, Yu, 2021. "Can the green credit policy stimulate green innovation in heavily polluting enterprises? Evidence from a quasi-natural experiment in China," Energy Economics, Elsevier, vol. 98(C).
    173. Liu, Duan & Qiu, Qi & Chen, Shou, 2023. "Timeliness of technological innovation and decisions of IPO timing and pricing," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 498-519.
    174. Hao, Xiangchao & Sun, Qinru & Xie, Fang, 2020. "Does foreign exchange derivatives market promote R&D? International industry-level evidence," Economic Modelling, Elsevier, vol. 91(C), pages 33-42.
    175. Cui, Xin & Wang, Chunfeng & Liao, Jing & Fang, Zhenming & Cheng, Feiyang, 2021. "Economic policy uncertainty exposure and corporate innovation investment: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).
    176. Michalô °€ Brzozowski, 2020. "Impact of Credit Market Development and Stability on Productivity: New Evidence from the Industry Level," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 111-129, May.
    177. Li, Xiang, 2022. "How does economic policy uncertainty affect corporate debt maturity?," IWH Discussion Papers 5/2022, Halle Institute for Economic Research (IWH).
    178. Zhu, Yaxi & Ding, Hong & Du, Shanxing, 2024. "Banking competition and regional carbon emissions: Intensifying or suppressing? – Estimation based on a bilateral random frontier model," International Review of Financial Analysis, Elsevier, vol. 91(C).
    179. Su, Jing & Jiang, Jiaoliang & Zhang, Bingbing & Cao, Lijuan, 2023. "Industry salary gap incentive and enterprise innovation," Journal of Asian Economics, Elsevier, vol. 87(C).
    180. Maria Aristizabal-Ramirez & Maria Camila Botero-Franco & Gustavo Canavire-Bacarreza, 2017. "Does Financial Development Promote Innovation in Developing Economies? An Empirical Analysis," Review of Development Economics, Wiley Blackwell, vol. 21(3), pages 475-496, August.
    181. Robert Dekle & Cheng Hsiao & Siyan Wang, 2001. "The Real Effects of Capital Inflows on Emerging Markets," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 4(02), pages 165-202.
    182. Huang, Xiaoqi & Liu, Wei & Zhang, Zhan & Zou, Xinyu & Li, Pujuan, 2023. "Quantity or quality: Environmental legislation and corporate green innovations," Ecological Economics, Elsevier, vol. 204(PB).
    183. Jason Roderick Donaldson & Giorgia Piacentino & Anjan Thakor, 2021. "Intermediation Variety," Journal of Finance, American Finance Association, vol. 76(6), pages 3103-3152, December.
    184. Asamoah, Michael Effah & Alagidede, Imhotep Paul & Adu, Frank, 2021. "Financial development, portfolio investments and the real economy in Africa," Economic Systems, Elsevier, vol. 45(4).
    185. Liying Huang & Lerong He & Guangqing Yang, 2021. "Performance Shortfalls and R&D Investment Change: Aspirations, Actions, and Expectations," Sustainability, MDPI, vol. 13(6), pages 1-21, March.
    186. Xu, Shengxiang & Chen, Hsinghung & Dong, Shuli & Guo, Zizheng, 2023. "Can upgrading information infrastructure improve the innovation ability of companies? Empirical evidence from China," Telecommunications Policy, Elsevier, vol. 47(6).
    187. Jun Wen & Waheed Ali & Jamal Hussain & Nadeem Akhtar Khan & Hadi Hussain & Najabat Ali & Rizwan Akhtar, 2022. "Dynamics between green innovation and environmental quality: new insights into South Asian economies," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(2), pages 543-565, July.
    188. Dong, Xiao & Yu, Mingzhe, 2023. "Does FinTech development facilitate firms' innovation? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 89(C).
    189. Chu, Wai-Kwong & Yang, Nien-Tzu & Yang, Sheng-Yung, 2016. "Corporate governance’ impact on research and development," Journal of Business Research, Elsevier, vol. 69(6), pages 2239-2243.
    190. Oliver Denk & Sebastian Schich & Boris Cournède, 2015. "Why implicit bank debt guarantees matter: Some empirical evidence," OECD Journal: Financial Market Trends, OECD Publishing, vol. 2014(2), pages 63-88.
    191. Nan Liu & Yanbo Liu & Yuya Sasaki, 2024. "Estimation and Inference for Causal Functions with Multiway Clustered Data," Papers 2409.06654, arXiv.org.
    192. Xiang, Xiaojian & Liu, Chuanjiang & Yang, Mian, 2022. "Who is financing corporate green innovation?," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 321-337.
    193. Lora Dimitrova & Sapnoti K Eswar, 2023. "Capital Gains Tax, Venture Capital, and Innovation in Start-Ups," Review of Finance, European Finance Association, vol. 27(4), pages 1471-1519.
    194. Ding, Jinxiu & Li, Lingxue & Zhao, Jinsong, 2024. "How does fintech prompt corporations toward ESG sustainable development? Evidence from China," Energy Economics, Elsevier, vol. 131(C).
    195. Yuan, Min & Chen, Wenjun & Qin, Jialiang, 2021. "Bank-based financing and catch-up innovation: A three-way interaction approach," Economics Letters, Elsevier, vol. 209(C).
    196. Jacob, Martin & Vossebürger, Robert, 2022. "The role of personal income taxes in corporate investment decisions," Journal of Corporate Finance, Elsevier, vol. 77(C).
    197. Sosson Tadadjeu & Brice Kamguia & Ronald Djeunankan, 2023. "Access to drinking water and sanitation in developing countries: Does financial development matter?," International Review of Applied Economics, Taylor & Francis Journals, vol. 37(4), pages 457-481, July.
    198. Meng, Yijun & Yin, Chao, 2019. "Trust and the cost of debt financing," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 59(C), pages 58-73.
    199. Zheng, Gaoping & Wang, Shuxun & Xu, Yongxin, 2018. "Monetary stimulation, bank relationship and innovation: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 89(C), pages 237-248.
    200. Lumeng, Wang & Hailin, Chen & Shilai, Chen, 2023. "Information infrastructure, technic link and corporate innovation," Finance Research Letters, Elsevier, vol. 56(C).
    201. Brown, James R. & Martinsson, Gustav & Petersen, Bruce C., 2017. "Stock markets, credit markets, and technology-led growth," Journal of Financial Intermediation, Elsevier, vol. 32(C), pages 45-59.
    202. Li, Yanfei & Ji, Qiang & Zhang, Dayong, 2020. "Technological catching up and innovation policies in China: What is behind this largely successful story?," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    203. Eberhardt, Markus & Everaert, Gerdie & De Visscher, Stef, 2017. "Measuring Productivity and Absorptive Capacity Evolution in OECD Economies," CEPR Discussion Papers 12261, C.E.P.R. Discussion Papers.
    204. Ximing Yin & Ben-lu Hai & Jin Chen, 2019. "Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics," Sustainability, MDPI, vol. 11(15), pages 1-18, August.
    205. Pełka Marcin, 2019. "Assessment of the Development of the European Oecd Countries with the Application of Linear Ordering and Ensemble Clustering of Symbolic Data," Folia Oeconomica Stetinensia, Sciendo, vol. 19(2), pages 117-133, December.
    206. Drudi, Francesco & Moench, Emanuel & Holthausen, Cornelia & Weber, Pierre-François & Ferrucci, Gianluigi & Setzer, Ralph & Adao, Bernardino & Dées, Stéphane & Alogoskoufis, Spyros & Téllez, Mar Delgad, 2021. "Climate change and monetary policy in the euro area," Occasional Paper Series 271, European Central Bank.
    207. Naeem, Kashif & Li, Matthew C., 2019. "Corporate investment efficiency: The role of financial development in firms with financing constraints and agency issues in OECD non-financial firms," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 53-68.
    208. Adhikari, Binay Kumar & Agrawal, Anup, 2016. "Religion, gambling attitudes and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 37(C), pages 229-248.
    209. Xiaoming Peng & Yihao Li & Chengxin Guo & Liang Peng & Sijin Tan, 2023. "“Risk” or “Opportunity”? The High Sensitivity of Corporate Green Innovation to Environmental Policy Uncertainty: Evidence from China," Sustainability, MDPI, vol. 15(11), pages 1-18, June.
    210. Yeguan Yu, 2023. "The Impact of Financial System on Carbon Intensity: From the Perspective of Digitalization," Sustainability, MDPI, vol. 15(2), pages 1-22, January.
    211. BELAÏD, Fateh & Elsayed, Ahmed H. & Omri, Anis, 2021. "Key drivers of renewable energy deployment in the MENA Region: Empirical evidence using panel quantile regression," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 225-238.
    212. Dai, Yanke & Du, Ting & Gao, Huasheng & Gu, Yan & Wang, Yongqin, 2024. "Patent pledgeability, trade secrecy, and corporate patenting," Journal of Corporate Finance, Elsevier, vol. 85(C).
    213. Yu, Yongze & Li, Ke & Duan, Shenglan & Song, Chenchen, 2023. "Economic growth and environmental pollution in China: New evidence from government work reports," Energy Economics, Elsevier, vol. 124(C).
    214. Martin Christensen & Andrea Conte & Filippo Di Pietro & Patrizio Lecca & Giovanni Mandras & Simone Salotti, 2018. "The third pillar of the Investment Plan for Europe: An impact assessment using the RHOMOLO model," JRC Working Papers on Territorial Modelling and Analysis 2018-02, Joint Research Centre.
    215. Yi, Zhaoying & Xu, Xiaowei & Wei, Minghai & Lin, Bingxuan, 2023. "Foreign institutional ownership externalities and supplier innovation," Journal of Corporate Finance, Elsevier, vol. 80(C).
    216. Kong, Dongmin & Yang, Xiandong & Xu, Jian, 2020. "Energy price and cost induced innovation: Evidence from China," Energy, Elsevier, vol. 192(C).
    217. R. Arbolino & R. Boffardi, 2017. "The Role of Regional Institutions in Research and Innovation Investments of Italy's Cohesion Policy," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 1-2, pages 167-192.
    218. Khan, Zeeshan & Hussain, Muzzammil & Shahbaz, Muhammad & Yang, Siqun & Jiao, Zhilun, 2020. "Natural resource abundance, technological innovation, and human capital nexus with financial development: A case study of China," Resources Policy, Elsevier, vol. 65(C).
    219. Pezeshkan, Amir & Smith, Adam & Fainshmidt, Stav & Amini Sedeh, Amirmahmood, 2016. "National business systems and firm innovation: A study of developing economies," Journal of Business Research, Elsevier, vol. 69(11), pages 5413-5418.
    220. Meng, Yijun & Wang, Xun & Zhang, Guoguo & Zheng, Shilin, 2021. "Trust and corporate R&D investment: Cross-country evidence," Finance Research Letters, Elsevier, vol. 40(C).
    221. Seong K. Byun & Jong-Min & Han Xia, 2021. "Incremental vs. Breakthrough Innovation: The Role of Technology Spillovers," Management Science, INFORMS, vol. 67(3), pages 1779-1802, March.
    222. Chen, Shengqi & Zhang, Hong, 2021. "Does digital finance promote manufacturing servitization: Micro evidence from China," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 856-869.
    223. Jiaji An & He Di, 2024. "How Can Financial Innovation Curb Carbon Emissions in China? Exploring the Mediating Role of Industrial Structure Upgrading from a Spatial Perspective," Sustainability, MDPI, vol. 16(11), pages 1-20, May.
    224. Chen, Zhibin & Xu, Yibin & Tian, Zongtao & Meng, Xu, 2022. "The Impact of Social Insurance Law on Corporate Innovation: Evidence from a quasi-natural experiment," Economic Modelling, Elsevier, vol. 111(C).
    225. Chen, Jie & Leung, Woon Sau & Evans, Kevin P., 2016. "Are employee-friendly workplaces conducive to innovation?," Journal of Corporate Finance, Elsevier, vol. 40(C), pages 61-79.
    226. Tianjian Yang & Minghui Han & Yilin Zhong & Junhao Zhong & Qinghua Zhang, 2023. "Relationship between financial development and intelligent transformation of manufacturing: evidence from 69 countries," Economic Change and Restructuring, Springer, vol. 56(5), pages 3437-3474, October.
    227. Md Al Mamun & Sabri Boubaker & Md Zakir Hossain & Riadh Manita, 2024. "Female political empowerment and green finance," Post-Print hal-04454783, HAL.
    228. Heng GENG & Harald HAU & Sandy LAI, 2015. "Technological Progress and Ownership Structure," Swiss Finance Institute Research Paper Series 15-39, Swiss Finance Institute.
    229. Hu, Shan & Yu, Yongze & Fei, Qingyu, 2023. "Social credit and patent quality: Evidence from China," Journal of Asian Economics, Elsevier, vol. 84(C).
    230. Spyridon Boikos & Ioannis Bournakis & Dimitris Christopoulos & Peter McAdam, 2021. "Financial Reforms and Innovation: A Micro-Macro Perspective," Discussion Paper Series 2021_08, Department of Economics, University of Macedonia, revised Jun 2021.
    231. Yang, Lisha & Ni, Mengying, 2022. "Is financial development beneficial to improve the efficiency of green development? Evidence from the “Belt and Road” countries," Energy Economics, Elsevier, vol. 105(C).
    232. Du, Qunyang & Li, Zhongyuan & Du, Min & Yang, Tianle, 2024. "Government venture capital and innovation performance in alternative energy production: The moderating role of environmental regulation and capital market activity," Energy Economics, Elsevier, vol. 129(C).
    233. Lin William Cong & Sabrina T. Howell, 2021. "Policy Uncertainty and Innovation: Evidence from Initial Public Offering Interventions in China," Management Science, INFORMS, vol. 67(11), pages 7238-7261, November.
    234. Balsmeier, Benjamin & Fleming, Lee & Manso, Gustavo, 2017. "Independent boards and innovation," Journal of Financial Economics, Elsevier, vol. 123(3), pages 536-557.
    235. Nian Li & Chunling Li & Runsen Yuan & Muhammad Asif Khan & Xiaoran Sun & Nosherwan Khaliq, 2021. "Investor Attention and Corporate Innovation Performance: Evidence from Web Search Volume Index of Chinese Listed Companies," Mathematics, MDPI, vol. 9(9), pages 1-23, April.
    236. Gur Nurullah & Babacan Mehmet & Ahmet Faruk Aysan & Suleyman Selim, 2023. "Firm Size and Financing Behavior during the COVID-19 Pandemic: Evidence from SMEs in Istanbul," Working Papers hal-03984328, HAL.
    237. Huang, Zhehao & Liao, Gaoke & Li, Zhenghui, 2019. "Loaning scale and government subsidy for promoting green innovation," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 148-156.
    238. Lee, Chien-Chiang & Wang, Chang-song, 2022. "Financial development, technological innovation and energy security: Evidence from Chinese provincial experience," Energy Economics, Elsevier, vol. 112(C).
    239. Zuo, Jingjing & Huang, Changqing & Qiu, Baoyin & Mai, Ruidong, 2023. "The construction of social credit system and corporate innovation: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 81(C).
    240. Francis, Bill & Mani, Suresh Babu & Sharma, Zenu & Wu, Qiang, 2021. "The impact of organization capital on firm innovation," Journal of Financial Stability, Elsevier, vol. 53(C).
    241. Henri Njangang & Luc Ndeffo Nembot & Joseph Pasky Ngameni, 2020. "Does financial development reduce the size of the informal economy in sub‐Saharan African countries?," African Development Review, African Development Bank, vol. 32(3), pages 375-391, September.
    242. Rui Wang & Yi-Na Li & Jiuchang Wei, 2022. "Growing in the changing global landscape: the intangible resources and performance of high-tech corporates," Asia Pacific Journal of Management, Springer, vol. 39(3), pages 999-1022, September.
    243. Kellard, Neil M. & Kontonikas, Alexandros & Lamla, Michael J. & Maiani, Stefano & Wood, Geoffrey, 2023. "Institutional settings and financing green innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 89(C).
    244. Giebel, Marek & Kraft, Kornelius, 2018. "Bank credit supply and firm innovation," ZEW Discussion Papers 18-011, ZEW - Leibniz Centre for European Economic Research.
    245. Moshirian, Fariborz & Tian, Xuan & Zhang, Bohui & Zhang, Wenrui, 2021. "Stock market liberalization and innovation," Journal of Financial Economics, Elsevier, vol. 139(3), pages 985-1014.
    246. Ding Hu & Xianming Fang & Yuting Meng DiGiovanni, 2023. "Technological progress, financial constrains, and digital financial inclusion," Small Business Economics, Springer, vol. 61(4), pages 1693-1721, December.
    247. Tian, Jing & Li, Haiwei & You, Pin, 2022. "Economic policy uncertainty, bank loan, and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 76(C).
    248. Mr. Boileau Loko & Yuanchen Yang, 2022. "Fintech, Female Employment, and Gender Inequality," IMF Working Papers 2022/108, International Monetary Fund.
    249. Alberto Mendez-Morales & Carlos Yanes-Guerra, 2018. "Financial Systems and Private Innovation Activity. A Research for OECD Countries," Proceedings of the 11th International RAIS Conference, November 19-20, 2018 02AM, Research Association for Interdisciplinary Studies.
    250. Dinger, Valeriya & Erman, Lisardo & te Kaat, Daniel Marcel, 2022. "Bank bailouts and economic growth: Evidence from cross-country, cross-industry data," Journal of Financial Stability, Elsevier, vol. 60(C).
    251. Gu, Leilei & Ni, Xiaoran & Peng, Yuchao & Zhang, Huilin, 2020. "Entry of foreign banks, state ownership, and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
    252. He, Yuqian & Tang, Song & Wang, Lanfang & Wang, Susheng & Yu, Tao, 2024. "Private equity market development, state ownership, and firm innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 958-985.
    253. Muhammad Usman Arshad & Muhammad Nadir Shabbir & Momna Niazi, 2023. "Trade Openness and Public Innovation: A Causality Analysis," SAGE Open, , vol. 13(3), pages 21582440231, September.
    254. María Huertas González-Serrano & Vicente Prado-Gascó & Josep Crespo-Hervás & Ferran Calabuig-Moreno, 2019. "Does sport affect the competitiveness of European Union countries? An analysis of the degree of innovation and GDP per capita using linear and QCA models," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1343-1362, December.
    255. Li, Quan & Chen, Huimin & Chen, Yang & Xiao, Tong & Wang, Li, 2023. "Digital economy, financing constraints, and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
    256. Kerr, William R. & Nanda, Ramana, 2015. "Financing innovation," Bank of Finland Research Discussion Papers 28/2015, Bank of Finland.
    257. Cheng-Ben Wang & Jie-Ru Rong & Jia-Ming Zhu, 2023. "RETRACTED ARTICLE: Algorithm research on the influence of financing structure and cash holding on enterprise innovation based on system GMM model function theory," Journal of Combinatorial Optimization, Springer, vol. 45(2), pages 1-28, March.
    258. Yang, Bofei & Zhu, Shengjun, 2022. "Public funds in high-tech industries: A blessing or a curse," Socio-Economic Planning Sciences, Elsevier, vol. 83(C).
    259. Bingwen Wang & Chen Wang, 2023. "Green Finance and Technological Innovation in Heavily Polluting Enterprises: Evidence from China," IJERPH, MDPI, vol. 20(4), pages 1-16, February.
    260. Ding, Hui & Liu, Chenguang & Ni, Xiaoran, 2023. "Creditor protection and labor investment efficiency: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PD).
    261. Paola Rossi & Diego Scalise, 2022. "Financial development and growth in European regions," Journal of Regional Science, Wiley Blackwell, vol. 62(2), pages 389-411, March.
    262. Bae, Kee-Hong & Bailey, Warren & Kang, Jisok, 2021. "Why is stock market concentration bad for the economy?," Journal of Financial Economics, Elsevier, vol. 140(2), pages 436-459.
    263. Ding, Xiaoya (Sara) & Guo, Mengmeng & Kuai, Yicheng & Niu, Geng, 2023. "Social trust and firm innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 474-493.
    264. Kalcheva, Ivalina & Smith, Janet Kiholm & Smith, Richard L., 2020. "Institutional investment and the changing role of public equity markets: International evidence," Journal of Corporate Finance, Elsevier, vol. 64(C).
    265. Beck, Thorsten & Döttling, Robin & Lambert, Thomas & Van Dijk, Mathijs, 2020. "Liquidity Creation, Investment, and Growth," CEPR Discussion Papers 14956, C.E.P.R. Discussion Papers.
    266. Deng, Jiapin & Liu, Qiao, 2024. "Good finance, bad finance, and resource misallocation: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 159(C).
    267. Fateh Belaid & Ahmed H. Elsayed, 2019. "What drives renewable energy production in MENA Region? Investigating the roles of political stability, governance and financial sector," Working Papers 1322, Economic Research Forum, revised 21 Aug 2019.
    268. Abdul Rahman, 2020. "Long run Association of Stock Prices and Crude Oil Prices: Evidence from Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 124-131.
    269. Fei Xie & Bohui Zhang & Wenrui Zhang, 2022. "Trust, Incomplete Contracting, and Corporate Innovation," Management Science, INFORMS, vol. 68(5), pages 3419-3443, May.
    270. Ismail Senturk & Fiaz Ahmad Sulehri & Syeda Mehak Ali, 2022. "Financial Development and Innovation Led-Growth: A Case of Selected Developing Countries," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 81-97, September.
    271. Lai, Shaojie & Yang, Laifeng & Wang, Qing & Anderson, Hamish D., 2023. "Judicial independence and corporate innovation: Evidence from the establishment of circuit courts," Journal of Corporate Finance, Elsevier, vol. 80(C).
    272. Wang, Rui & Yang, Shijie, 2023. "Credit ratings and firm innovation: Evidence from sovereign downgrades," Journal of Banking & Finance, Elsevier, vol. 148(C).
    273. Ge, Jianjun & Li, Donghui & Ni, Yingzhao & Yang, Shijie, 2022. "Inflexibility and corporate innovation: Cross-country evidence," Journal of Multinational Financial Management, Elsevier, vol. 64(C).
    274. Young Soo Lee & Han Sung Kim & Seo Hwan Joo, 2020. "Financialization and Innovation Short-termism in OECD Countries," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(2), pages 259-286, June.
    275. Henri Njangang & Youssouf Nvuh-Njoya, 2023. "Unravelling the link between democracy and economic complexity: fresh evidence from the Varieties of Democracy data," SN Business & Economics, Springer, vol. 3(3), pages 1-32, March.
    276. Luo, Yonggen & Wang, Deli & Hu, Shiyang, 2024. "Patent collateral and the trajectory of innovation," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
    277. Xiaoxu Zhang & Yu Song & Hongyu Liu, 2023. "Too Much of a Good Thing? The Impact of Serial M&A on Innovation Performance," Sustainability, MDPI, vol. 15(12), pages 1-23, June.
    278. Minxin Zuo & Tao Wu, 2022. "Does Environmental Credit Rating Promote Green Innovation in Enterprises? Evidence from Heavy Polluting Listed Companies in China," IJERPH, MDPI, vol. 19(20), pages 1-15, October.
    279. Beladi, Hamid & Hou, Qingsong & Hu, May, 2022. "The party school education and corporate innovation: Evidence from SOEs in China," Journal of Corporate Finance, Elsevier, vol. 72(C).
    280. Perdichizzi, Salvatore & Duqi, Andi & Molyneux, Philip & Tamimi, Hussein Al, 2023. "Does unconventional monetary policy boost local economic development? The case of TLTROs and Italy," Journal of Banking & Finance, Elsevier, vol. 148(C).
    281. Wen, Jun & Zhang, Sen & Chang, Chun-Ping, 2022. "Legal origins and innovation: Global evidence," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    282. Lyu, Xiaoliang & Ma, Jiameng & Zhang, Xiaochen, 2023. "Social trust and corporate innovation: An informal institution perspective," The North American Journal of Economics and Finance, Elsevier, vol. 64(C).
    283. Alexander, Anna & De Vito, Antonio & Menicacci, Luca, 2024. "At what cost? Environmental regulation and corporate cash holdings," Finance Research Letters, Elsevier, vol. 61(C).
    284. Zhengjuan Xie & Jiang Du & Yongchao Wu, 2022. "Does financialization of non-financial corporations promote the persistence of innovation: evidence from A-share listed manufacturing corporations in China," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(2), pages 229-250, June.
    285. Wang, Xun, 2022. "Capital account liberalization, financial dependence and technological innovation: Cross-country evidence," Journal of Banking & Finance, Elsevier, vol. 145(C).
    286. Chen Lin & Sibo Liu & Lai Wei, 2023. "Banking and innovation: a review," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 21(1), pages 143-176, January.
    287. Valentine Soumtang Bime & Dieudonné Mignamissi & Agathe Cassandra Koumis Ngagni, 2024. "Does financial openness matter for economic transformation in sub-Saharan Africa?," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-49, April.
    288. Li, Yumei & Naqvi, Bushra & Caglar, Ersin & Chu, Chien-Chi, 2020. "N-11 countries: Are the new victims of resource-curse?," Resources Policy, Elsevier, vol. 67(C).
    289. Ziyang Yue & Gangqiang Yang & Haisen Wang, 2023. "How do tax reductions motivate technological innovation?," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-18, December.
    290. Schain, Jan Philip & Stiebale, Joel, 2016. "Innovation, institutional ownership, and financial constraints," DICE Discussion Papers 219, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    291. Fidrmuc, Jan & Gaibulloev, Khusrav & Mirzaei, Ali & Moore, Tomoe, 2024. "The effect of capital inflows on the imports of capital goods in developing countries," Journal of Corporate Finance, Elsevier, vol. 84(C).
    292. Yuyu Liu & Duan Ji & Lin Zhang & Jingjing An & Wenyan Sun, 2021. "Rural Financial Development Impacts on Agricultural Technology Innovation: Evidence from China," IJERPH, MDPI, vol. 18(3), pages 1-17, January.
    293. Wang, Kunlun & Zheng, Leven J. & Lin, Boqiang, 2024. "Demand-side incentives, competition, and firms’ innovative activities: Evidence from automobile industry in China," Energy Economics, Elsevier, vol. 132(C).
    294. Pradhan, Rudra P. & Arvin, Mak B. & Bahmani, Sahar, 2018. "Are innovation and financial development causative factors in economic growth? Evidence from a panel granger causality test," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 130-142.
    295. Lu Zhang & Jiakui Chen & Ziyi Liu & Zhiyuan Hao, 2023. "Digital Inclusive Finance, Financing Constraints, and Technological Innovation of SMEs—Differences in the Effects of Financial Regulation and Government Subsidies," Sustainability, MDPI, vol. 15(9), pages 1-20, April.
    296. Chen, Fanglin & Chen, Zhongfei & Zhang, Xin, 2024. "Belated stock returns for green innovation under carbon emissions trading market," Journal of Corporate Finance, Elsevier, vol. 85(C).
    297. Hong Xu & Baozhen Liu & Kai Lin & Yunyun Zhang & Bei Liu & Mingjie Xie, 2022. "Towards Carbon Neutrality: Carbon Emission Performance of Science and Technology Finance Policy," IJERPH, MDPI, vol. 19(24), pages 1-22, December.
    298. Khezri, Mohsen & Heshmati, Almas & Khodaei, Mehdi, 2021. "The role of R&D in the effectiveness of renewable energy determinants: A spatial econometric analysis," Energy Economics, Elsevier, vol. 99(C).
    299. Popov, Alexander, 2017. "Evidence on finance and economic growth," Working Paper Series 2115, European Central Bank.
    300. Li, Chengming & Xu, Yang & Zheng, Hao & Wang, Zeyu & Han, Haiting & Zeng, Liangen, 2023. "Artificial intelligence, resource reallocation, and corporate innovation efficiency: Evidence from China's listed companies," Resources Policy, Elsevier, vol. 81(C).
    301. Fritsch, Ursula, 2015. "Is Offshoring Beneficial or Detrimental to Innovation in Developed Countries?," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112973, Verein für Socialpolitik / German Economic Association.
    302. Xie, Xueyan & Zhu, Xiaoyang, 2022. "FinTech and capital allocation efficiency: Another equity-efficiency dilemma?," Global Finance Journal, Elsevier, vol. 53(C).
    303. Huang, Wei & Goodell, John W. & Xia, Qing & Yuan, Shuai, 2024. "Trade credit provision and innovation: A strategic trade-off," International Review of Financial Analysis, Elsevier, vol. 94(C).
    304. Canh Phuc Nguyen & Christophe Schinckus & Thanh Dinh Su, 2020. "The drivers of economic complexity: International evidence from financial development and patents," International Economics, CEPII research center, issue 164, pages 140-150.
    305. Mahdieh Rezagholizadeh & Younes Abdi, 2022. "Financial development and development of renewable energy technologies: A comparison of developing and developed countries," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2022(1), pages 95-118.
    306. Zhang, Xuezhi & Wu, Wenxin & Zhou, Zixun & Yuan, Lin, 2020. "Geographic proximity, information flows and corporate innovation: Evidence from the high-speed rail construction in China," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
    307. Kais Mtar & Walid Belazreg, 2021. "Causal Nexus Between Innovation, Financial Development, and Economic Growth: the Case of OECD Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(1), pages 310-341, March.
    308. Li, Qing & Wu, Yanrui, 2020. "Intangible capital, ICT and sector growth in China," Telecommunications Policy, Elsevier, vol. 44(1).
    309. Contreras, Salvador & Ghosh, Amit & Kong, Joon Ho, 2021. "Financial crisis, Bank failures and corporate innovation," Journal of Banking & Finance, Elsevier, vol. 129(C).
    310. Li, Xiang & Su, Dan, 2020. "How does economic policy uncertainty affect corporate debt maturity?," IWH Discussion Papers 6/2020, Halle Institute for Economic Research (IWH).
    311. William, Mbanyele & Fengrong, Wang, 2022. "Economic policy uncertainty and industry innovation: Cross country evidence," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 208-228.
    312. Badeeb, Ramez Abubakr & Szulczyk, Kenneth R. & Zahra, Samia & Mukherjee, Tanusree Chakravarty, 2023. "Innovation dynamics in the natural resource curse hypothesis: A new perspective from BRICS countries," Resources Policy, Elsevier, vol. 81(C).
    313. Giraudo, Emanuele & Giudici, Giancarlo & Grilli, Luca, 2019. "Entrepreneurship policy and the financing of young innovative companies: Evidence from the Italian Startup Act," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    314. Bryan Harcy & Can Sever, 2020. "Financial Crises and Innovation," BIS Working Papers 846, Bank for International Settlements.
    315. Pan, Xiongfeng & Uddin, Md. Kamal & Han, Cuicui & Pan, Xianyou, 2019. "Dynamics of financial development, trade openness, technological innovation and energy intensity: Evidence from Bangladesh," Energy, Elsevier, vol. 171(C), pages 456-464.
    316. Jiang, Xuanyu & Yuan, Qingbo, 2018. "Institutional investors' corporate site visits and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 48(C), pages 148-168.
    317. Francisco Javier Forcadell & Elisa Aracil & Fernando Úbeda, 2019. "The Influence of Innovation on Corporate Sustainability in the International Banking Industry," Sustainability, MDPI, vol. 11(11), pages 1-15, June.
    318. Yann Truong & Brian G. Nagy, 2021. "Nascent ventures’ green initiatives and angel investor judgments of legitimacy and funding," Small Business Economics, Springer, vol. 57(4), pages 1801-1818, December.
    319. Lin Zhu & Fan Dong & Liangwen Hu, 2023. "Mechanisms of How Private Equity Drives Industrial Upgrade: An Empirical Study Based on China’s Panel Data," Sustainability, MDPI, vol. 15(3), pages 1-15, January.
    320. Hasan Dinçer & Serhat Yüksel & Fatih Pınarbaşı & Mehmet Ali Alhan, 2020. "Risky Financial Assets in Financial Integration and the Impacts of Derivatives on Banking Returns," World Scientific Book Chapters, in: Stéphane Goutte & Khaled Guesmi (ed.), Risk Factors and Contagion in Commodity Markets and Stocks Markets, chapter 6, pages 133-159, World Scientific Publishing Co. Pte. Ltd..
    321. Zhang, Ping & Wang, Yiru & Gao, Jieying, 2023. "Going public and innovation: Evidence from the ChiNext stock market," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 586-613.
    322. Chi, Jianxin Daniel & Su, Xunhua & Tang, Yun & Xu, Bin, 2020. "Is language an economic institution? Evidence from R&D investment," Journal of Corporate Finance, Elsevier, vol. 62(C).
    323. Paramati, Sudharshan Reddy & Mo, Di & Huang, Ruixian, 2021. "The role of financial deepening and green technology on carbon emissions: Evidence from major OECD economies," Finance Research Letters, Elsevier, vol. 41(C).
    324. Halima Jibril & Annina Kaltenbrunner & Effi Kesidou, 2018. "Financialisation and innovation in emerging economics," FMM Working Paper 27-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    325. Bena, Jan & Ferreira, Miguel A & Matos, Pedro & Pires, Pedro, 2017. "Are foreign investors locusts? The long-term effects of foreign institutional ownership," Journal of Financial Economics, Elsevier, vol. 126(1), pages 122-146.
    326. Aktas, Nihat & Andries, Kathleen & Croci, Ettore & Ozdakak, Ali, 2019. "Stock market development and the financing role of IPOs in acquisitions," Journal of Banking & Finance, Elsevier, vol. 98(C), pages 25-38.
    327. Feng, Gen-Fu & Niu, Peng & Wang, Jun-Zhuo & Liu, Jian, 2022. "Capital market liberalization and green innovation for sustainability: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 610-623.
    328. Cai, Kelly & Zhu, Hui, 2020. "Does going public in the U.S. facilitate corporate innovation of foreign firms?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    329. Wang, Zhan-ao & Zheng, Chengsi, 2022. "Is technological innovation the cure for overcapacity? Exploring mediating and moderating mechanisms," Journal of Business Research, Elsevier, vol. 147(C), pages 348-361.
    330. Abidemi C. Adegboye & Samuel Iweriebor, 2018. "Does Access to Finance Enhance SME Innovation and Productivity in Nigeria? Evidence from the World Bank Enterprise Survey," African Development Review, African Development Bank, vol. 30(4), pages 449-461, December.
    331. Xiaoxiao Zhou & Xinyue Hu & Mei Duan & Licheng Peng & Xin Zhao, 2024. "Go for Economic Transformation and Development in China: Financial Development, Higher Education, and Green Technology Evolution," Evaluation Review, , vol. 48(1), pages 32-62, February.
    332. Proksch, Dorian & Haberstroh, Marcus Max & Pinkwart, Andreas, 2017. "Increasing the national innovative capacity: Identifying the pathways to success using a comparative method," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 256-270.
    333. Zhu, Mingqi, 2023. "Validating resources curse hypothesis in US: Exploring the relevancy of financial market risk and technology innovation," Resources Policy, Elsevier, vol. 84(C).
    334. Tianchu Feng & Meijuan Liu & Chaozhu Li, 2022. "How Does Vertical Fiscal Imbalance Affect CO 2 Emissions? The Role of Capital Mismatch," Sustainability, MDPI, vol. 14(17), pages 1-15, August.
    335. Wang, Jimin & Wang, Cong, 2021. "Can religions explain cross country differences in innovative activities?," Technovation, Elsevier, vol. 107(C).
    336. Liu, Xiaoqian & Wang, Chang'an & Zhao, Shikuan & Ding, Jian & Jia, You, 2024. "Role of Fintech adoption in the impact of sustainable policy intervention on enterprise transformation in resource-based cities: Evidence from China," Resources Policy, Elsevier, vol. 88(C).
    337. Elena Rogova & Galina Aprelkova, 2020. "The Effect of IPCC Reports and Regulatory Announcements on the Stock Market," Sustainability, MDPI, vol. 12(8), pages 1-17, April.
    338. Li, Junwei, 2024. "Impact of financial development on innovation efficiency of high-tech industrial development zones in Chinese cities," Technology in Society, Elsevier, vol. 76(C).
    339. Chang, Hsiu-yun & Liang, Woan-lih & Wang, Yanzhi, 2019. "Do institutional investors still encourage patent-based innovation after the tech bubble period?," Journal of Empirical Finance, Elsevier, vol. 51(C), pages 149-164.
    340. Peisen Liu & Shoujun Huang & Houjian Li, 2018. "Bank Concentration and Firms' Debt Structure: Evidence from China," Annals of Economics and Finance, Society for AEF, vol. 19(1), pages 213-227, May.
    341. S.S. Alharbi & M. Al Mamun & Sabri Boubaker & S.K.A. Rizvi, 2023. "Green Finance and Renewable Energy: A Worldwide Evidence," Post-Print hal-04434113, HAL.
    342. Gao, Wenlian & Chou, Julia, 2015. "Innovation efficiency, global diversification, and firm value," Journal of Corporate Finance, Elsevier, vol. 30(C), pages 278-298.
    343. Chu, Chien-Chi & Li, Yong-Li & Li, Shi-Jie & Ji, Yun, 2021. "Uncertainty, venture capital and entrepreneurial enterprise innovation—Evidence from companies listed on China's GEM," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    344. (Grace) Qing Hao & Keming Li, 2016. "The Bright Side of Discretionary Accruals: Evidence from Finance and Innovation," European Financial Management, European Financial Management Association, vol. 22(4), pages 540-575, September.
    345. Giovanna Vertova, 2014. "The State and National Systems of Innovation: A Sympathetic Critique," Economics Working Paper Archive wp_823, Levy Economics Institute.
    346. Tuyen, Bui Quang & Phuong Anh, Do Vu & Mai, Nguyen Phuong & Long, To Quang, 2023. "Does corporate engagement in social responsibility affect firm innovation? The mediating role of digital transformation," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 292-303.
    347. Jian Xu & Xi Yang & Daqi Xin & Wencang Zhou & Xiaoyang Zhu, 2019. "Firm Location And Innovation: Evidence From Chinese Listed Firms," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 24(04), pages 1-20, December.
    348. Thanh Le & Ngoc Vu Bich & Sau Mai & Ha Nguyen & Hung Bui, 2023. "Financial Development and International R&D Spillovers Through Trade: Evidence From Developing Countries," SAGE Open, , vol. 13(1), pages 21582440231, March.
    349. Feng, Ling & Pei, Tingting & Zhou, Zhiguang, 2024. "The impact of U.S. monetary policy on Chinese firms’ innovation," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1097-1111.
    350. Ching-Hung Chang & Qingqing Wu, 2021. "Board Networks and Corporate Innovation," Management Science, INFORMS, vol. 67(6), pages 3618-3654, June.
    351. Wang, Jiaxin & Huang, Xiang & Gu, Qiankun & Song, Zilong & Sun, Ruiyi, 2023. "How does fintech affect bank risk? A perspective based on financialized transfer of government implicit debt risk," Economic Modelling, Elsevier, vol. 128(C).
    352. Blake Rayfield & Omer Unsal, 2019. "Employee Disputes and Innovation Performance: Evidence from Pharmaceutical Industry," NFI Working Papers 2019-WP-01, Indiana State University, Scott College of Business, Networks Financial Institute.
    353. Hu, Xiao & Wang, Jiayi & Wu, Banggang & Xiang, Shuting, 2023. "Venture capital firms' lead orientation and entry to new investment markets," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
    354. Sharma, Susan Sunila & Narayan, Paresh Kumar, 2022. "Technology shocks and stock returns: A long-term perspective," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 67-83.
    355. Amess, Kevin & Stiebale, Joel & Wright, Mike, 2016. "The impact of private equity on firms׳ patenting activity," European Economic Review, Elsevier, vol. 86(C), pages 147-160.
    356. Hyeladi Stanley Dibal & Habila Abel Haruna & Chinyere C. Onyejiaku & Ogbole Friday Ogbole & Josaphat Uchechukwu J. Onwumere, 2024. "Pension Fund Investments and Capital Market Development in Nigeria: The Moderating Role of Inflation," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 16(2), pages 248-269, May.
    357. Fernando Zanella & Peter Oyelere & David McMillan, 2021. "Is financial development crucial for all economies?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 9(1), pages 1923883-192, January.
    358. Wang, Shuxun & Wu, Kai & Lai, Seiwai, 2022. "Acquisition for innovations? M&A intensity and intra-firm innovation reallocations," Research in International Business and Finance, Elsevier, vol. 62(C).
    359. Han, Haozhe & Wang, Xingjian, 2023. "Monetary policy uncertainty and corporate cash holdings: Evidence from China," Journal of Financial Stability, Elsevier, vol. 67(C).
    360. Zhou, Xiaoxiao & Dai, Mengsi & Ma, Xiaowei & Charles, Vincent & Shahzad, Umer & Zhao, Xin, 2024. "Economic policy uncertainty and the inhibitory effect of firms' green technology innovation," Global Finance Journal, Elsevier, vol. 60(C).
    361. Lin Tian & Liang Han & Biao Mi, 2020. "Bank competition, information specialization and innovation," Review of Quantitative Finance and Accounting, Springer, vol. 54(3), pages 1011-1035, April.
    362. Ali, Amjad, 2022. "Foreign Debt, Financial Stability, Exchange Rate Volatility and Economic Growth in South Asian Countries," MPRA Paper 116099, University Library of Munich, Germany.
    363. Ozili, Peterson K, 2024. "Finternet in Africa: Preparing Africa for the financial system of the future," MPRA Paper 122166, University Library of Munich, Germany.
    364. Yan Chen & Yingying Xin & Zhengying Luo & Min Han, 2021. "The Impact of Stable Customer Relationships on Enterprises’ Technological Innovation Based on the Mediating Effect of the Competitive Advantage of Enterprises," Sustainability, MDPI, vol. 13(7), pages 1-24, March.
    365. Chen, Yang & Yang, Shengping & Li, Quan, 2022. "How does the development of digital financial inclusion affect the total factor productivity of listed companies? Evidence from China," Finance Research Letters, Elsevier, vol. 47(PB).
    366. Giovanni Dosi & Valérie Revest & Alessandro Sapio, 2016. "Financial regimes, financialization patterns and industrial performances: preliminary remarks," Working Papers halshs-01377216, HAL.
    367. Lööf, Hans & Martinsson, Gustav & Mohammadi, Ali, 2017. "Finance and Innovative Investment in Environmental Technology: The Case of Sweden," Working Paper Series in Economics and Institutions of Innovation 445, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    368. Zhang, Yongmin & Zhang, Zhenbang & Jin, Hanglin & Tu, Wenjun & Liu, Yingnan, 2024. "Innovation and OFDI along the Belt and Road," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    369. Liu, Chen & Yang, Wei, 2023. "Does social insurance stimulate business creation? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    370. Agenor, Pierre-Richard & Canuto, Otaviano, 2014. "Access to finance, product innovation and middle-income traps," Policy Research Working Paper Series 6767, The World Bank.
    371. Brockman, Paul & Khurana, Inder K. & Zhong, Rong (Irene), 2018. "Societal trust and open innovation," Research Policy, Elsevier, vol. 47(10), pages 2048-2065.
    372. Trevor Rogers, F., 2020. "Patent text similarity and cross-cultural venture-backed innovation," Journal of Behavioral and Experimental Finance, Elsevier, vol. 26(C).
    373. Naseer, Ahsan & Su, Chi-Wei & Mirza, Nawazish & Li, Jing-Ping, 2020. "Double jeopardy of resources and investment curse in South Asia: Is technology the only way out?," Resources Policy, Elsevier, vol. 68(C).
    374. Huacheng Rao & Dongxu Chen & Feichao Shen & Yangyang Shen, 2022. "Can Green Bonds Stimulate Green Innovation in Enterprises? Evidence from China," Sustainability, MDPI, vol. 14(23), pages 1-19, November.
    375. Zhou, Lu (Jolly) & Sadeghi, Mehdi, 2019. "The impact of innovation on IPO short-term performance – Evidence from the Chinese markets," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 208-235.
    376. Guo, Bingnan & Feng, Yu & Lin, Ji, 2023. "Digital inclusive finance and digital transformation of enterprises," Finance Research Letters, Elsevier, vol. 57(C).
    377. Cornaggia, Jess & Mao, Yifei & Tian, Xuan & Wolfe, Brian, 2015. "Does banking competition affect innovation?," Journal of Financial Economics, Elsevier, vol. 115(1), pages 189-209.
    378. Wen, Jun & Okolo, Chukwuemeka Valentine & Ugwuoke, Ifeanyi Celestine & Kolani, Kibir, 2022. "Research on influencing factors of renewable energy, energy efficiency, on technological innovation. Does trade, investment and human capital development matter?," Energy Policy, Elsevier, vol. 160(C).
    379. Yuan, Gecheng & Ye, Qin & Sun, Yongping, 2021. "Financial innovation, information screening and industries’ green innovation — Industry-level evidence from the OECD," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    380. Cao, Jianhong & Law, Siong Hook & Samad, Abdul Rahim Abdul & Mohamad, Wan Norhidayah W., 2023. "Internal mechanism analysis of the financial vanishing effect on green growth: Evidence from China," Energy Economics, Elsevier, vol. 120(C).
    381. Xinyuan Wang & Zhenyang Zhang & Dongphil Chun, 2021. "The Influencing Mechanism of Internal Control Effectiveness on Technological Innovation: CSR as a Mediator," Sustainability, MDPI, vol. 13(23), pages 1-17, November.
    382. Drivas, Kyriakos & Economidou, Claire & Karamanis, Dimitris & Sanders, Mark, 2018. "Mobility of Highly Skilled Individuals and Local Innovation Activity," MPRA Paper 88883, University Library of Munich, Germany.
    383. Pradhan, Rudra P. & Arvin, Mak B. & Bahmani, Sahar & Bennett, Sara E., 2017. "The innovation- growth link in OECD countries: Could other macroeconomic variables matter?," Technology in Society, Elsevier, vol. 51(C), pages 113-123.
    384. Rana P. Maradana & Rudra P. Pradhan & Saurav Dash & Kunal Gaurav & Manju Jayakumar & Debaleena Chatterjee, 2017. "Does innovation promote economic growth? Evidence from European countries," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-23, December.
    385. Wu, Qiang & Dbouk, Wassim & Hasan, Iftekhar & Kobeissi, Nada & Zheng, Li, 2021. "Does gender affect innovation? Evidence from female chief technology officers," Research Policy, Elsevier, vol. 50(9).
    386. Giebel, Marek & Kraft, Kornelius, 2017. "External financing constraints and firm's innovative activities during the financial crisis," ZEW Discussion Papers 17-064, ZEW - Leibniz Centre for European Economic Research.
    387. Claessens, Stijn, 2017. "Regulation and structural change in financial systems," CEPR Discussion Papers 11822, C.E.P.R. Discussion Papers.
    388. Wen, Shiyan & Lin, Boqiang & Zhou, Yicheng, 2021. "Does financial structure promote energy conservation and emission reduction? Evidence from China," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 755-766.
    389. Long Xue & Xuemang Zhang, 2022. "Can Digital Financial Inclusion Promote Green Innovation in Heavily Polluting Companies?," IJERPH, MDPI, vol. 19(12), pages 1-14, June.
    390. Qiu, Guojing & Si, Deng-Kui & Hu, Debao & Li, Xinqi, 2023. "Banking deregulation and export product quality," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
    391. Wang, Shuxun, 2021. "How does stock market liberalization influence corporate innovation? Evidence from Stock Connect scheme in China," Emerging Markets Review, Elsevier, vol. 47(C).
    392. Iona, Alfonsina & Leonida, Leone & Limosani, Michele & Maimone Ansaldo Patti, Dario & Navarra, Pietro, 2024. "Does economic liberalization foster corporate investment? Theory and evidence from US and Canadian firms," Socio-Economic Planning Sciences, Elsevier, vol. 91(C).
    393. Habiba, Umme & Xinbang, Cao, 2023. "The contribution of different aspects of financial development to renewable energy consumption in E7 countries: The transition to a sustainable future," Renewable Energy, Elsevier, vol. 203(C), pages 703-714.
    394. Unsal, Omer & Rayfield, Blake, 2019. "Institutional investors and medical innovation," The Quarterly Review of Economics and Finance, Elsevier, vol. 74(C), pages 190-205.
    395. Shuanglian Chen & Gaoke Liao & Benjamin M. Drakeford & Pierre Failler, 2019. "The Non-Linear Effect of Financial Support on Energy Efficiency: Evidence from China," Sustainability, MDPI, vol. 11(7), pages 1-16, April.
    396. Ning Jia, 2017. "Should Directors Have Term Limits? – Evidence from Corporate Innovation," European Accounting Review, Taylor & Francis Journals, vol. 26(4), pages 755-785, October.
    397. Chen Lin & Sibo Liu & Gustavo Manso, 2021. "Shareholder Litigation and Corporate Innovation," Management Science, INFORMS, vol. 67(6), pages 3346-3367, June.
    398. Shusen Qi & Steven Ongena, 2018. "Fuel the Engine: Bank Credit and Firm Innovation," Swiss Finance Institute Research Paper Series 18-61, Swiss Finance Institute.
    399. Ran Zhou & Yali Zhao, 2024. "Alien merchant chambers and enterprise innovation: Evidence from China," American Journal of Economics and Sociology, Wiley Blackwell, vol. 83(3), pages 527-554, May.
    400. Bornemann, Tobias & Laplante, Stacie K. & Osswald, Benjamin, 2018. "The effect of intellectual property boxes on innovative activity & effective tax rates," arqus Discussion Papers in Quantitative Tax Research 234, arqus - Arbeitskreis Quantitative Steuerlehre.
    401. Yi Yang & Shuhe Shi & Jingjing Wu, 2022. "Digital Financial Inclusion to Corporation Value: The Mediating Effect of Ambidextrous Innovation," Sustainability, MDPI, vol. 14(24), pages 1-23, December.
    402. Yi, Hong & Hao, Ling & Liu, Aoran & Zhang, Ziyu, 2023. "Green finance development and resource efficiency: A financial structure perspective," Resources Policy, Elsevier, vol. 85(PA).
    403. Dutta, Nabamita & Meierrieks, Daniel, 2021. "Financial development and entrepreneurship," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 114-126.
    404. Gideon Ndubuisi & Solomon Owusu, 2022. "Trust, Efficient Contracting and Export Upgrading," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(6), pages 2708-2729, December.
    405. Lingyan Xu & Dandan Wang & Jianguo Du, 2022. "Spatial-Temporal Evolution and Influencing Factors of Urban Green and Smart Development Level in China: Evidence from 232 Prefecture-Level Cities," IJERPH, MDPI, vol. 19(7), pages 1-19, March.
    406. Ning, Shuying & Lin, Zhiyang, 2023. "Effect of accounting information manipulation on innovation: Evidence from China," Emerging Markets Review, Elsevier, vol. 56(C).
    407. Ajide, Kazeem Bello, 2022. "Is natural resource curse thesis an empirical regularity for economic complexity in Africa?," Resources Policy, Elsevier, vol. 76(C).
    408. De Haas, Ralph & Popov, Alexander, 2019. "Finance and decarbonisation: why equity markets do it better," Research Bulletin, European Central Bank, vol. 64.
    409. Katarzyna Predkiewicz & Marek Pauka & Paweł Predkiewicz, 2021. "IPO Success of High-Technology Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 799-816.
    410. Walid Gani, 2024. "Does Competition Spur Innovation in North Africa? Evidence from a Panel ARDL Approach," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 16(2), pages 212-230, May.
    411. Amess, Kevin & Stiebale, Joel & Wright, Mike, 2015. "The impact of private equity on firms' innovation activity," DICE Discussion Papers 184, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    412. Sun, Nan & Kong, Dongmin & Tao, Yunqing, 2023. "Does broadband infrastructure affect corporate mergers and acquisitions? Quasi-natural experimental evidence from China," International Review of Financial Analysis, Elsevier, vol. 85(C).
    413. Zheng, Mingbo & Feng, Gen-Fu & Wang, Quan-Jing & Chang, Chun-Ping, 2023. "Financial globalization and technological innovation: International evidence," Economic Systems, Elsevier, vol. 47(1).
    414. Li, Shibin & Wang, Qian, 2023. "Green finance policy and digital transformation of heavily polluting firms: Evidence from China," Finance Research Letters, Elsevier, vol. 55(PA).
    415. Yan Li & Md. Main Uddin & Ye An, 2020. "Has financial development benefited the performance of publicly traded cultural and creative firms? Evidence from China," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(3), pages 351-395, September.
    416. Yiwei Li & Wei Song & Tingyu Sun & Qingjing Zhang, 2023. "The impact of shareholder litigation risk on income smoothing," Review of Quantitative Finance and Accounting, Springer, vol. 61(4), pages 1379-1413, November.
    417. Tan, Yongxian & Tian, Xuan & Zhang, Xinde & Zhao, Hailong, 2020. "The real effect of partial privatization on corporate innovation: Evidence from China's split share structure reform," Journal of Corporate Finance, Elsevier, vol. 64(C).
    418. Mohammed Shakib, 2023. "Innovation-Export Diversification Nexus in Russian Regions: Does Trade Globalization, Business Potential and Geopolitics Matter?," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 22(4), pages 932-974.
    419. Li, Dongxu, 2024. "Horizontal mergers and heterogeneous firm investments: evidence from the United States," Journal of Empirical Finance, Elsevier, vol. 75(C).
    420. Gao, Yanyan & Zang, Leizhen & Roth, Antoine & Wang, Puqu, 2017. "Does democracy cause innovation? An empirical test of the popper hypothesis," Research Policy, Elsevier, vol. 46(7), pages 1272-1283.
    421. Yang, Huan, 2021. "Institutional dual holdings and risk-shifting: Evidence from corporate innovation," Journal of Corporate Finance, Elsevier, vol. 70(C).
    422. Li, Tao & Wang, Yan, 2022. "Corporate responsibility towards employees and innovation: Evidence from an emerging market," International Review of Financial Analysis, Elsevier, vol. 84(C).
    423. Liu, Bai & Ju, Tao & Chan, Hing Kai, 2022. "The diverse impact of heterogeneous customer characteristics on supply chain finance: Empirical evidence from Chinese factoring," International Journal of Production Economics, Elsevier, vol. 243(C).
    424. Cheng, Bo & Christensen, Tom & Ma, Liang & Yu, Junli, 2021. "Does public money drive out private? Evidence from government regulations of industrial overcapacity governance in urban China," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 767-780.
    425. Giebel, Marek & Kraft, Kornelius, 2020. "R&D investment under financing constraints," ZEW Discussion Papers 20-018, ZEW - Leibniz Centre for European Economic Research.
    426. Alessandro Saia & Dan Andrews & Silvia Albrizio, 2015. "Productivity Spillovers from the Global Frontier and Public Policy: Industry-Level Evidence," OECD Economics Department Working Papers 1238, OECD Publishing.
    427. Feng Gao & Rong Zhong, 2023. "Information environment and interfirm alliance," Review of Quantitative Finance and Accounting, Springer, vol. 60(2), pages 643-677, February.
    428. Hsiao-Fen Hsiao & Tingyong Zhong & Jun Wang, 2024. "Does national culture influence corporate social responsibility on firm performance?," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.
    429. Liu, Duan & Zhou, Qianzhen & Chen, Shiqi & Wan, Hong & He, Hongbo, 2021. "Capital market access and innovation efficiency: A natural experiment from China’s pilot VAT reform in 2012," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 549-566.
    430. Lai, Shaojie & Li, Xiaorong & Chan, Kam C., 2020. "Does bank shareholding impact corporate innovation? Evidence from China," Economic Modelling, Elsevier, vol. 92(C), pages 57-69.
    431. Luo, Sumei & Sun, Yongkun & Yang, Fan & Zhou, Guangyou, 2022. "Does fintech innovation promote enterprise transformation? Evidence from China," Technology in Society, Elsevier, vol. 68(C).
    432. Muhammad Asif Qureshi & Jawaid Ahmed Qureshi & Ammar Ahmed & Shahzad Qaiser & Ramsha Ali & Arshian Sharif, 2020. "The Dynamic Relationship Between Technology Innovation and Human Development in Technologically Advanced Countries: Fresh Insights from Quantiles-on-Quantile Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(2), pages 555-580, November.
    433. Doytch, Nadia & Elheddad, Mohamed & Hammoudeh, Shawkat, 2023. "The financial Kuznets curve of energy consumption: Global evidence," Energy Policy, Elsevier, vol. 177(C).
    434. Shang, Hua & Song, Quanyun & Wu, Yu, 2017. "Credit Market Development and Firm Innovation: Evidence from the People’s Republic of China," ADBI Working Papers 649, Asian Development Bank Institute.
    435. Cardella, Eric & Kalcheva, Ivalina & Shang, Danjue, 2018. "Financial markets and genetic variation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 52(C), pages 64-89.
    436. Hu, Xiaolu & Yu, Jing & Zhong, Angel, 2023. "The asymmetric effects of oil price shocks on green innovation," Energy Economics, Elsevier, vol. 125(C).
    437. Rudra P. Pradhan & Mak B. Arvin & John H. Hall & Mahendhiran Nair, 2016. "Innovation, financial development and economic growth in Eurozone countries," Applied Economics Letters, Taylor & Francis Journals, vol. 23(16), pages 1141-1144, November.
    438. Yiqun Hu & Xiong Dai & Li Zhao, 2022. "Digital Finance, Environmental Regulation, and Green Technology Innovation: An Empirical Study of 278 Cities in China," Sustainability, MDPI, vol. 14(14), pages 1-17, July.
    439. Fu, Yishu, 2019. "Independent directors, CEO career concerns, and firm innovation: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    440. McKee, Eric, 2022. "Risk-shifting: Evidence from the 2007 credit crisis," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
    441. Mengtao Chen & Haojie Zhu & Yongming Sun & Ruoxi Jin, 2023. "The impact of housing macroprudential policy on firm innovation: empirical evidence from China," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-11, December.
    442. Alessio Ciarlone, 2019. "The relationship between financial development and growth: the case of emerging Europe," Questioni di Economia e Finanza (Occasional Papers) 521, Bank of Italy, Economic Research and International Relations Area.
    443. Xu, Aiting & Song, Miaoyuan & Xu, Shenyi & Wang, Wenpu, 2024. "Accelerated green patent examination and innovation benefits: An analysis of private economic value and public environmental benefits," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    444. Zhu, Hui & Zhu, Steven X., 2017. "Corporate innovation and economic freedom: Cross-country comparisons," The Quarterly Review of Economics and Finance, Elsevier, vol. 63(C), pages 50-65.
    445. Sha, Yezhou & Zhang, Ping & Wang, Yiru & Xu, Yifan, 2022. "Capital market opening and green innovation——Evidence from Shanghai-Hong Kong stock connect and the Shenzhen-Hong Kong stock connect," Energy Economics, Elsevier, vol. 111(C).
    446. Mare,Davide Salvatore & De Nicola,Francesca & Miguel Liriano,Faruk, 2021. "Financial Structure and Firm Innovation : Evidence from around the World," Policy Research Working Paper Series 9670, The World Bank.
    447. Kamguia, Brice & Keneck-Massil, Joseph & Nvuh-Njoya, Youssouf & Tadadjeu, Sosson, 2022. "Natural resources and innovation: Is the R&D sector cursed too?," Resources Policy, Elsevier, vol. 77(C).
    448. Fakhimi, MohammadAmin & Miremadi, Iman, 2022. "The impact of technological and social capabilities on innovation performance: a technological catch-up perspective," Technology in Society, Elsevier, vol. 68(C).
    449. Nguyen, My & Perera, Shrimal & Skully, Michael, 2016. "Bank market power, ownership, regional presence and revenue diversification: Evidence from Africa," Emerging Markets Review, Elsevier, vol. 27(C), pages 36-62.
    450. Su-Yin Cheng & Han Hou, 2022. "Innovation, financial development, and growth: evidences from industrial and emerging countries," Economic Change and Restructuring, Springer, vol. 55(3), pages 1629-1653, August.
    451. Bryan Hardy & Can Sever, 2023. "Innovation convergence," BIS Working Papers 1108, Bank for International Settlements.
    452. Wu, Fei & Hu, Yan & Shen, Me, 2024. "The color of FinTech: FinTech and corporate green transformation in China," International Review of Financial Analysis, Elsevier, vol. 94(C).
    453. Chkir, Imed & El Haj Hassan, Boushra & Rjiba, Hatem & Saadi, Samir, 2021. "Does corporate social responsibility influence corporate innovation? International evidence," Emerging Markets Review, Elsevier, vol. 46(C).
    454. Sun, Shuxiao & Hua, Shengya & Liu, Zhongyi, 2024. "Navigating default risk in supply chain finance: Guidelines based on trade credit and equity vendor financing," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 182(C).
    455. Chen, Yangyang & Podolski, Edward J. & Veeraraghavan, Madhu, 2017. "National culture and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 43(C), pages 173-187.
    456. Ross Levine & Chen Lin & Lai Wei & Wensi Xie, 2020. "Competition Laws and Corporate Innovation," NBER Working Papers 27253, National Bureau of Economic Research, Inc.
    457. Zhong, Rong (Irene), 2018. "Transparency and firm innovation," Journal of Accounting and Economics, Elsevier, vol. 66(1), pages 67-93.
    458. Wen, Jun & Wang, Siqin & Yang, Xiuyun & Zhou, Xiaozhou, 2023. "Impacts of epidemics on innovation: An empirical analysis," Technovation, Elsevier, vol. 119(C).
    459. Rong, Zhao & Wang, Wenchun & Gong, Qiang, 2016. "Housing price appreciation, investment opportunity, and firm innovation: Evidence from China," Journal of Housing Economics, Elsevier, vol. 33(C), pages 34-58.
    460. Daniel Bradley & Incheol Kim & Xuan Tian, 2017. "Do Unions Affect Innovation?," Management Science, INFORMS, vol. 63(7), pages 2251-2271, July.
    461. Shahbaz, Muhammad & Topcu, Betül Altay & Sarıgül, Sevgi Sümerli & Vo, Xuan Vinh, 2021. "The effect of financial development on renewable energy demand: The case of developing countries," Renewable Energy, Elsevier, vol. 178(C), pages 1370-1380.
    462. Muhammad Farooq Ahmad & Nihat Aktas & Douglas Cumming & Guosong Xu, 2024. "Board reforms and M&A performance: international evidence," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(5), pages 616-637, July.
    463. Kim, Jeayoon & Park, Kwangwoo, 2016. "Financial development and deployment of renewable energy technologies," Energy Economics, Elsevier, vol. 59(C), pages 238-250.
    464. Zhao, Kai & Wu, Wan-Shu & Ye, Jun-Mei, 2021. "“SMEs’ Innovation Policy” on Innovation of Technology-based SMEs: A Fuzzy Regression Discontinuity Design," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 62(1), pages 1-32, June.

  23. W. Keener Hughen & Carmelo Giaccotto & Po-Hsuan Hsu, 2013. "The use of Bayes factors to compare interest rate term structure models," Quantitative Finance, Taylor & Francis Journals, vol. 13(3), pages 369-381, February.

    Cited by:

    1. Dixon Domfeh & Arpita Chatterjee & Matthew Dixon, 2022. "A Unified Bayesian Framework for Pricing Catastrophe Bond Derivatives," Papers 2205.04520, arXiv.org.

  24. Hirshleifer, David & Hsu, Po-Hsuan & Li, Dongmei, 2013. "Innovative efficiency and stock returns," Journal of Financial Economics, Elsevier, vol. 107(3), pages 632-654.

    Cited by:

    1. Smajlbegovic, Esad, 2015. "Regional Economic Activity and Stock Returns," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112854, Verein für Socialpolitik / German Economic Association.
    2. Manuel Ammann & Philipp Horsch & David Oesch, 2016. "Competing with Superstars," Management Science, INFORMS, vol. 62(10), pages 2842-2858, October.
    3. Elias Oikarinen & Janne Engblom, 2014. "Regional differences in housing price dynamics: Panel data evidence," Discussion Papers 94, Aboa Centre for Economics.
    4. Su, Yingliang & Wu, Jiahua, 2024. "Digital transformation and enterprise sustainable development," Finance Research Letters, Elsevier, vol. 60(C).
    5. Lily Fang & Josh Lerner & Chaopeng Wu & Qi Zhang, 2023. "Anticorruption, Government Subsidies, and Innovation: Evidence from China," Management Science, INFORMS, vol. 69(8), pages 4363-4388, August.
    6. Al-Gamrh, Bakr & Rasul, Tareq, 2024. "Recession-proof marketing? Unraveling the impact of advertising efficiency on stock volatility," International Review of Financial Analysis, Elsevier, vol. 92(C).
    7. Kazumi Endo, 2019. "Does the stock market value corporate environmental performance? Some perils of static regression models," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1530-1538, November.
    8. Hassan, M. Kabir & Houston, Reza & Karim, M. Sydul, 2021. "Courting innovation: The effects of litigation risk on corporate innovation," Journal of Corporate Finance, Elsevier, vol. 71(C).
    9. Byun, SeongK. & Fuller, Kathleen & Lin, Zhilu, 2021. "The costs and benefits associated with inventor CEOs," Journal of Corporate Finance, Elsevier, vol. 71(C).
    10. Kong, Dongmin & Yang, Yiwei & Wang, Qin, 2023. "Innovative efficiency and firm value: Evidence from China," Finance Research Letters, Elsevier, vol. 52(C).
    11. Tu, Yongmei & Liu, Tianbao, 2022. "Tax cuts and firms’ R&D capital efficiency," Finance Research Letters, Elsevier, vol. 49(C).
    12. Tsang, Albert & Wang, Kun Tracy & Liu, Simeng & Yu, Li, 2021. "Integrating corporate social responsibility criteria into executive compensation and firm innovation: International evidence," Journal of Corporate Finance, Elsevier, vol. 70(C).
    13. Xie, Luqun & Zhou, Jieyu & Zong, Qingqing & Lu, Qian, 2020. "Gender diversity in R&D teams and innovation efficiency: Role of the innovation context," Research Policy, Elsevier, vol. 49(1).
    14. Nguyen, Lily & Vu, Le & Yin, Xiangkang, 2020. "The undesirable effect of audit quality: Evidence from firm innovation," The British Accounting Review, Elsevier, vol. 52(6).
    15. Zhang, Huili & Cui, Xuegang & Xu, Lei & Wang, Kaiyan, 2024. "Non-executive employee stock ownership plans and corporate innovation efficiency: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 72(C).
    16. Chi, Yi & Hu, Ning & Lu, Dong & Yang, Yang, 2023. "Green investment funds and corporate green innovation: From the logic of social value," Energy Economics, Elsevier, vol. 119(C).
    17. Turan G. Bali & Robert F. Engle & Yi Tang, 2013. "Dynamic Conditional Beta is Alive and Well in the Cross-Section of Daily Stock Returns," Koç University-TUSIAD Economic Research Forum Working Papers 1305, Koc University-TUSIAD Economic Research Forum.
    18. Shigang Li & Kexin She & Li Zhang, 2024. "Bureaucratic Culture and Innovation," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 32(3), pages 31-66, May.
    19. Dong, Yan & Huang, Jun, 2022. "Price limits, investor sentiment, and initial public offering underpricing: A quasi-natural experiment based on ChiNext," Emerging Markets Review, Elsevier, vol. 51(PB).
    20. Li, Mingxiang, 2021. "Exploring novel technologies through board interlocks: Spillover vs. broad exploration," Research Policy, Elsevier, vol. 50(9).
    21. Weng, Pei-Shih & Chen, Wan-Yi, 2017. "Doing good or choosing well? Corporate reputation, CEO reputation, and corporate financial performance," The North American Journal of Economics and Finance, Elsevier, vol. 39(C), pages 223-240.
    22. Yongqiang Chu & Xuan Tian & Wenyu Wang, 2019. "Corporate Innovation Along the Supply Chain," Management Science, INFORMS, vol. 67(6), pages 2445-2466, June.
    23. Luc Paugam & Jean‐François Casta & Hervé Stolowy, 2018. "Non‐additivity in Accounting Valuation: Theory and Applications," Abacus, Accounting Foundation, University of Sydney, vol. 54(3), pages 381-416, September.
    24. David Hirshleifer & Po-Hsuan Hsu & Dongmei Li, 2017. "Innovative Originality, Profitability, and Stock Returns," NBER Working Papers 23432, National Bureau of Economic Research, Inc.
    25. Goto, Shingo & Xiao, Gang & Xu, Yan, 2015. "As told by the supplier: Trade credit and the cross section of stock returns," Journal of Banking & Finance, Elsevier, vol. 60(C), pages 296-309.
    26. Chuanlin Wang & Guowan Yan & Juan Ou, 2023. "Does Digitization Promote Green Innovation? Evidence from China," IJERPH, MDPI, vol. 20(5), pages 1-27, February.
    27. Lee, Charles M. C. Lee & Sun, Stephen Teng & Wang, Rongfei & Zhang, Ran, 2017. "Technological Links and Predictable Returns," Research Papers repec:ecl:stabus:3605, Stanford University, Graduate School of Business.
    28. Choi, Jin-Uk & Lee, Chang-Yang, 2022. "The differential effects of basic research on firm R&D productivity: The conditioning role of technological diversification," Technovation, Elsevier, vol. 118(C).
    29. Jaspersen, Stefan, 2021. "Mutual Fund Bets on Market Power," CFR Working Papers 16-07, University of Cologne, Centre for Financial Research (CFR), revised 2021.
    30. Po-Hsuan Hsu & Dongmei Li & Qin Li & Siew Hong Teoh & Kevin Tseng, 2022. "Valuation of New Trademarks," Management Science, INFORMS, vol. 68(1), pages 257-279, January.
    31. Chen, Ru & Tong, Jamie Yixing & Zhang, Feida (Frank) & Zhou, Gaoguang (Stephen), 2021. "Do female directors enhance R&D performance?," International Review of Economics & Finance, Elsevier, vol. 74(C), pages 253-275.
    32. Heusel, Nicola & Mager, Ferdinand, 2023. "Pension funding and the cross section of stock returns - The case of Germany," Journal of Banking & Finance, Elsevier, vol. 150(C).
    33. Qiu, Jiaping & Wan, Chi, 2015. "Technology spillovers and corporate cash holdings," Journal of Financial Economics, Elsevier, vol. 115(3), pages 558-573.
    34. Kewei Hou & Chen Xue & Lu Zhang, 2017. "Replicating Anomalies," NBER Working Papers 23394, National Bureau of Economic Research, Inc.
    35. da Silva, Raphael Braga & Klotzle, Marcelo Cabus & Figueiredo, Antonio Carlos & da Motta, Luiz Felipe Jacques, 2015. "Innovative intensity and its impact on the performance of firms in Brazil," Research in International Business and Finance, Elsevier, vol. 34(C), pages 1-16.
    36. Hsu, Po-Hsuan & Huang, Peng & Humphery-Jenner, Mark & Powell, Ronan, 2021. "Cross-border mergers and acquisitions for innovation," Journal of International Money and Finance, Elsevier, vol. 112(C).
    37. Liu, Jiangtao & Zhang, Yi & Kuang, Jia, 2023. "Fintech development and green innovation: Evidence from China," Energy Policy, Elsevier, vol. 183(C).
    38. Jianping Qi & Ninon K. Sutton & Qiancheng Zheng, 2020. "The value of innovation and the spillover effect on alliance partners," Review of Quantitative Finance and Accounting, Springer, vol. 55(4), pages 1427-1457, November.
    39. Chen, Jian & Qi, Shuyuan, 2024. "Limit-hitting exciting effects: Modeling jump dependencies in stock markets adhering to daily price-limit rules," Journal of Banking & Finance, Elsevier, vol. 163(C).
    40. M. D. Beneish & C. R. Harvey & A. Tseng & P. Vorst, 2022. "Unpatented innovation and merger synergies," Review of Accounting Studies, Springer, vol. 27(2), pages 706-744, June.
    41. Kooli, Maher & Zhang, Aoran & Zhao, Yunfei, 2022. "How IPO firms' product innovation strategy affects the likelihood of post-IPO acquisitions?," Journal of Corporate Finance, Elsevier, vol. 72(C).
    42. Rubio-Andrés, Mercedes & Ramos-González, Mª del Mar & Sastre-Castillo, Miguel Ángel & Gutiérrez-Broncano, Santiago, 2023. "Stakeholder pressure and innovation capacity of SMEs in the COVID-19 pandemic: Mediating and multigroup analysis," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    43. Zhang, Yeqing & Zhang, Xueyong, 2020. "Patent growth and the long-run performance of VC-backed IPOs," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 33-47.
    44. Alldredge, Dallin M. & Caglayan, Mustafa O. & Celiker, Umut, 2022. "How do investors trade R&D-intensive Stocks? Evidence from hedge funds and other institutional investors," Journal of Banking & Finance, Elsevier, vol. 134(C).
    45. Wei, Xin & Liu, Xi & Zhang, Xueyong, 2022. "Shadow banking and the cross-section of stock returns," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 81(C).
    46. Yuming Zhang & Juanjuan Zhang & Zhang Cheng, 2021. "Stock Market Liberalization and Corporate Green Innovation: Evidence from China," IJERPH, MDPI, vol. 18(7), pages 1-22, March.
    47. Narayan, Paresh Kumar, 2018. "Profitability of technology-investing Islamic and non-Islamic stock markets," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 70-81.
    48. Gu, Yuqi & Zhang, Ling, 2017. "The impact of the Sarbanes-Oxley Act on corporate innovation," Journal of Economics and Business, Elsevier, vol. 90(C), pages 17-30.
    49. Mills, Brian M. & Salaga, Steven, 2018. "A natural experiment for efficient markets: Information quality and influential agents," Journal of Financial Markets, Elsevier, vol. 40(C), pages 23-39.
    50. Sun, Helin & Cappa, Francesco & Zhu, Jia & Peruffo, Enzo, 2023. "The effect of CEO social capital, CEO duality and state-ownership on corporate innovation," International Review of Financial Analysis, Elsevier, vol. 87(C).
    51. Jung, Woosung & Kim, Donghyun & Sul, Hong Kee, 2023. "Investment behavior of retail investors in response to COVID-19 economic impact payments," Economics Letters, Elsevier, vol. 233(C).
    52. Lan, Fuyin & Chen, Yu & Ding, Zijun & Xu, Yonghao, 2024. "Does internal whistleblowing enhance firm innovation?," International Review of Financial Analysis, Elsevier, vol. 93(C).
    53. Jinghua Tang & Qigui Liu, 2022. "Internal capital allocation in IPOs and corporate innovation: The moderating role of political connections," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(5), pages 4663-4693, December.
    54. Green, T. Clifton & Huang, Ruoyan & Wen, Quan & Zhou, Dexin, 2019. "Crowdsourced employer reviews and stock returns," Journal of Financial Economics, Elsevier, vol. 134(1), pages 236-251.
    55. Auld, Tom & Linton, Oliver, 2019. "The behaviour of betting and currency markets on the night of the EU referendum," International Journal of Forecasting, Elsevier, vol. 35(1), pages 371-389.
    56. Amore, Mario Daniele, 2015. "Companies learning to innovate in recessions," Research Policy, Elsevier, vol. 44(8), pages 1574-1583.
    57. Stoffman, Noah & Woeppel, Michael & Yavuz, M. Deniz, 2022. "Small innovators: No risk, No return," Journal of Accounting and Economics, Elsevier, vol. 74(1).
    58. Houdou Basse Mama & Rachidi Kotchoni, 2017. "Investor Relations' Quality and Mispricing," Working Papers hal-04141636, HAL.
    59. Yang, Ann Shawing & Okada, Hiromu, 2019. "Corporate innovations as institutional anomie: Patent activities and financial performance of the international aerospace industry," Finance Research Letters, Elsevier, vol. 28(C), pages 328-336.
    60. Chung, Y. Peter & Hong, Hyun A. & Kim, S. Thomas, 2019. "What causes the asymmetric correlation in stock returns?," Journal of Empirical Finance, Elsevier, vol. 54(C), pages 190-212.
    61. (Jennifer) Wu, Szu-Yin & Chung, Kee H., 2019. "Corporate innovation, likelihood to be acquired, and takeover premiums," Journal of Banking & Finance, Elsevier, vol. 108(C).
    62. Bongsuk Sung & Myung-Bae Yeom & Hong-Gi Kim, 2017. "Eco-Efficiency of Government Policy and Exports in the Bioenergy Technology Market," Sustainability, MDPI, vol. 9(9), pages 1-18, September.
    63. Catherine Fazio & Jorge Guzman & Scott Stern, 2020. "The Impact of State-Level Research and Development Tax Credits on the Quantity and Quality of Entrepreneurship," Economic Development Quarterly, , vol. 34(2), pages 188-208, May.
    64. Francesco Paolo Appio & Luigi de Luca & Robert Morgan & Antonella Martini, 2019. "Patent portfolio diversity and firm profitability: A question of specialization or diversification?," Post-Print halshs-02292360, HAL.
    65. Jaimin Goh & Jaehong Lee & Wonchang Hur & Yunchang Ju, 2019. "Do Analysts Fully Reflect Information in Patents about Future Earnings?," Sustainability, MDPI, vol. 11(10), pages 1-17, May.
    66. Gordon, Elizabeth A. & Hsu, Hsiao-Tang & Huang, Huichi, 2020. "Peer R&D disclosure and corporate innovation: Evidence from American depositary receipt firms," Advances in accounting, Elsevier, vol. 49(C).
    67. Harford, Jarrad & Kecskés, Ambrus & Mansi, Sattar, 2018. "Do long-term investors improve corporate decision making?," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 424-452.
    68. Michael Ewens & Ryan H. Peters & Sean Wang, 2019. "Measuring Intangible Capital with Market Prices," NBER Working Papers 25960, National Bureau of Economic Research, Inc.
    69. Xu, Yong & Zhao, Xin & Wang, Jian & Xie, Peijun, 2023. "Clarifying the dispute of corporate social responsibility: Evidence from green technological innovation," Technology in Society, Elsevier, vol. 75(C).
    70. Lily Fang & Josh Lerner & Chaopeng Wu & Qi Zhang, 2018. "Corruption, Government Subsidies, and Innovation: Evidence from China," NBER Working Papers 25098, National Bureau of Economic Research, Inc.
    71. Su, Xuan-Qi, 2023. "Directors' and Officers' liability insurance and cross section of expected stock returns: A mispricing explanation," Pacific-Basin Finance Journal, Elsevier, vol. 77(C).
    72. Jacobs, Heiko, 2015. "What explains the dynamics of 100 anomalies?," Journal of Banking & Finance, Elsevier, vol. 57(C), pages 65-85.
    73. Chen, Sheng-Syan & Kao, Wei-Chuan & Wang, Yanzhi, 2021. "Tax policy and innovation performance: Evidence from enactment of the alternative simplified credit," Journal of Banking & Finance, Elsevier, vol. 125(C).
    74. Li, Keming, 2018. "Innovation externalities and the customer/supplier link," Journal of Banking & Finance, Elsevier, vol. 86(C), pages 101-112.
    75. Zhang, Mao & Wang, Yiming & Zhao, Qifeng, 2020. "Does participating in the standards-setting process promote innovation? Evidence from China," China Economic Review, Elsevier, vol. 63(C).
    76. Arpita Agnihotri & Saurabh Bhattacharya, 2019. "CEO Narcissism and Internationalization by Indian Firms," Management International Review, Springer, vol. 59(6), pages 889-918, December.
    77. Hao-Chang Yang & Chun-Ping Chang & Sahminan & Arnita Rishanty, 2021. "Monetary Policy, Innovation Efficiency, And Total Factor Productivity," Working Papers WP/15/2021, Bank Indonesia.
    78. Adhikari, Hari P. & Choi, Wonseok & Sah, Nilesh B., 2017. "That is what friends do: employee friendliness and innovation," Journal of Economics and Business, Elsevier, vol. 90(C), pages 65-76.
    79. Duong, Huu Nhan & Nguyen, Justin Hung & Nguyen, My & Rhee, S. Ghon, 2020. "Navigating through economic policy uncertainty: The role of corporate cash holdings," Journal of Corporate Finance, Elsevier, vol. 62(C).
    80. Adam Zaremba & Jacob Koby Shemer, 2018. "Price-Based Investment Strategies," Springer Books, Springer, number 978-3-319-91530-2, January.
    81. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.
    82. Shao, Yuchen & Xiao, Chengrui, 2019. "Corporate tax policy and heterogeneous firm innovation: Evidence from a developing country," Journal of Comparative Economics, Elsevier, vol. 47(2), pages 470-486.
    83. Hasan, Iftekhar & (Stan) Hoi, Chun-Keung & Wu, Qiang & Zhang, Hao, 2020. "Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S," Journal of Corporate Finance, Elsevier, vol. 62(C).
    84. Deeney, Peter & Cummins, Mark & Dowling, Michael & Smeaton, Alan F., 2016. "Influences from the European Parliament on EU emissions prices," Energy Policy, Elsevier, vol. 88(C), pages 561-572.
    85. Chen, Sheng-Syan & Chen, Yan-Shing & Liang, Woan-lih & Wang, Yanzhi, 2020. "Public R&D spending and cross-sectional stock returns," Research Policy, Elsevier, vol. 49(1).
    86. Tseng, Kevin, 2022. "Learning from the Joneses: Technology spillover, innovation externality, and stock returns," Journal of Accounting and Economics, Elsevier, vol. 73(2).
    87. Mario Daniele Amore & Mariano Mastrogiorgio, 2022. "Technological Entry, Redeployability, and Firm Value," Journal of Management Studies, Wiley Blackwell, vol. 59(7), pages 1688-1722, November.
    88. Nguyen, Phuong-Anh & Kecskés, Ambrus, 2020. "Do technology spillovers affect the corporate information environment?," Journal of Corporate Finance, Elsevier, vol. 62(C).
    89. Abhiroop Mukherjee & Alminas Zaldokas, 2017. "Do Corporate Taxes Hinder Innovation?," HKUST IEMS Thought Leadership Brief Series 2017-16, HKUST Institute for Emerging Market Studies, revised Jul 2017.
    90. Chod, Jiri & Lyandres, Evgeny & Yang, S. Alex, 2019. "Trade credit and supplier competition," Journal of Financial Economics, Elsevier, vol. 131(2), pages 484-505.
    91. Kim, Hyung-Tae & Lee, Seungwon & Park, Sung-Jin & Lee, Brandon, 2019. "Audit fees and corporate innovation: Auditors' response to corporate innovation," MPRA Paper 101081, University Library of Munich, Germany.
    92. Degenhardt, Thomas & Auer, Benjamin R., 2018. "The “Sell in May” effect: A review and new empirical evidence," The North American Journal of Economics and Finance, Elsevier, vol. 43(C), pages 169-205.
    93. Raphael Calel, 2018. "Adopt or Innovate: Understanding Technological Responses to Cap-and-Trade," CESifo Working Paper Series 6847, CESifo.
    94. Xuemeng Guo & Ke Guo & Hanzhong Zheng, 2023. "Industrial Agglomeration and Enterprise Innovation Sustainability: Empirical Evidence from the Chinese A-Share Market," Sustainability, MDPI, vol. 15(15), pages 1-26, July.
    95. Ben Angelo & Mitchell Johnston, 2023. "Technological innovation and stock returns: Innovative skill versus innovative luck," The Financial Review, Eastern Finance Association, vol. 58(4), pages 811-832, November.
    96. Tang, Xudong & Wang, Lin, 2024. "When your friend takes a fall: Spillovers of patent infringement lawsuits on firm innovation via cross-owners," Economic Modelling, Elsevier, vol. 131(C).
    97. Richardson, Vernon J. & Sanchez, Juan Manuel & Setia, Pankaj & Smith, Rodney, 2018. "Determinants and consequences of chief information officer equity incentives," International Journal of Accounting Information Systems, Elsevier, vol. 31(C), pages 37-57.
    98. Bereskin, Fred & Hsu, Po-Hsuan & Latham, William & Wang, Huijun, 2023. "So Sue Me! The cross section of stock returns related to patent infringement allegations," Journal of Banking & Finance, Elsevier, vol. 148(C).
    99. Xiao, Fenglong & Shen, Yinjie, 2024. "Wolves at the door to the unknown: Innovation search and hedge fund activism," Research Policy, Elsevier, vol. 53(2).
    100. Olubunmi Faleye & Rani Hoitash & Udi Hoitash, 2018. "Industry expertise on corporate boards," Review of Quantitative Finance and Accounting, Springer, vol. 50(2), pages 441-479, February.
    101. Yi Tang & Yilu Zhou & Marshall Hong, 2019. "News Co-Occurrences, Stock Return Correlations, and Portfolio Construction Implications," JRFM, MDPI, vol. 12(1), pages 1-21, March.
    102. Zhao, Qifeng & Li, Zhen & Yu, Yihua, 2021. "Does top management quality promote innovation? Firm-level evidence from China," China Economic Review, Elsevier, vol. 65(C).
    103. I-Ju Chen & Wei Chih Lin & Huai-Chun Lo & Sheng-Syan Chen, 2023. "Board diversity and corporate innovation," Review of Quantitative Finance and Accounting, Springer, vol. 61(1), pages 63-123, July.
    104. Chiu, Junmao & Li, Yi-Hua & Kao, Tsai-Hsuan, 2022. "Does organization capital matter? An analysis of the performance implications of CEO power," The North American Journal of Economics and Finance, Elsevier, vol. 59(C).
    105. Bajo, Emanuele & Croci, Ettore & Marinelli, Nicoletta, 2020. "Institutional investor networks and firm value," Journal of Business Research, Elsevier, vol. 112(C), pages 65-80.
    106. Xianjun Cai & Huifeng Pan & Chengcheng Gao & Chunyang Wang & Liping Lu, 2021. "Top executive tournament incentives and corporate innovation output," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(5), pages 5893-5924, December.
    107. Lee, Kuan-Hui & Wang, Shu-Feng, 2023. "Allocation of attention and the delayed reaction of stock returns to liquidity shock: Global evidence," Journal of Empirical Finance, Elsevier, vol. 72(C), pages 421-444.
    108. Zheng, Gaoping & Wang, Shuxun & Xu, Yongxin, 2018. "Monetary stimulation, bank relationship and innovation: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 89(C), pages 237-248.
    109. Ma, Rui & Marshall, Ben R. & Nguyen, Hung T. & Nguyen, Nhut H. & Visaltanachoti, Nuttawat, 2022. "Climate events and return comovement," Journal of Financial Markets, Elsevier, vol. 61(C).
    110. Al-Yahyaee, Khamis Hamed & Mensi, Walid & Ko, Hee-Un & Yoon, Seong-Min & Kang, Sang Hoon, 2020. "Why cryptocurrency markets are inefficient: The impact of liquidity and volatility," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    111. Luo, Kun & Lim, Edwin KiaYang & Qu, Wen & Zhang, Xuan, 2021. "Board cultural diversity, government intervention and corporate innovation effectiveness: Evidence from China," Journal of Contemporary Accounting and Economics, Elsevier, vol. 17(2).
    112. Guo, Shuxin & Yuan, Yue & Ma, Feng, 2022. "Cross-sectional seasonalities and seasonal reversals: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 82(C).
    113. Anna Bedford & Le Ma & Nelson Ma & Kristina Vojvoda, 2021. "Patenting activity or innovative originality?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4191-4207, September.
    114. Ince, Baris, 2022. "Liquidity components: Commonality in liquidity, underreaction, and equity returns," Journal of Financial Markets, Elsevier, vol. 60(C).
    115. Zhang, Ping & Wang, Yiru, 2023. "The bright side of analyst coverage on corporate innovation: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 89(C).
    116. Li, Qin & Ma, Mark (Shuai) & Shevlin, Terry, 2021. "The effect of tax avoidance crackdown on corporate innovation," Journal of Accounting and Economics, Elsevier, vol. 71(2).
    117. Hyunbae Chun & Jung-Wook Kim & Randall Morck, 2016. "Productivity growth and stock returns: firm- and aggregate-level analyses," Applied Economics, Taylor & Francis Journals, vol. 48(38), pages 3644-3664, August.
    118. Paul Borochin & Jie Yang, 2016. "The Effects of Institutional Investor Objectives on Firm Valuation and Governance," Finance and Economics Discussion Series 2016-088, Board of Governors of the Federal Reserve System (U.S.).
    119. Narayan, Paresh Kumar & Narayan, Seema & Tran, Vuong Thao, 2023. "Patent-related intellectual property and corporate investment," Finance Research Letters, Elsevier, vol. 52(C).
    120. Roger C. Mayer & Richard S. Warr & Jing Zhao, 2018. "Do Pro‐Diversity Policies Improve Corporate Innovation?," Financial Management, Financial Management Association International, vol. 47(3), pages 617-650, September.
    121. Kubota, Keiichi & Takehara, Hitoshi, 2019. "Firm-level innovation by Japanese family firms: Empirical analysis using multidimensional innovation measures," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
    122. Ying Wang & Jing Zhao, 2015. "Hedge Funds and Corporate Innovation," Financial Management, Financial Management Association International, vol. 44(2), pages 353-385, June.
    123. Zaman, Rashid & Atawnah, Nader & Haseeb, Muhammad & Nadeem, Muhammad & Irfan, Saadia, 2021. "Does corporate eco-innovation affect stock price crash risk?," The British Accounting Review, Elsevier, vol. 53(5).
    124. Sheng-Syan Chen & Chia-Wei Huang & Chuan-Yang Hwang & Yanzhi Wang, 2022. "Voluntary disclosure and corporate innovation," Review of Quantitative Finance and Accounting, Springer, vol. 58(3), pages 1081-1115, April.
    125. Mamun, Abdullah & Mishra, Dev & Zhan, Lei, 2021. "The value of intangible capital transfer in mergers," Journal of Economics and Business, Elsevier, vol. 117(C).
    126. Wan-Ni Lai & Claire Y. T. Chen & Edward W. Sun, 2022. "Risk factor extraction with quantile regression method," Annals of Operations Research, Springer, vol. 316(2), pages 1543-1572, September.
    127. James M. Plečnik & Leo L. Yang & Joseph H. Zhang, 2022. "Corporate innovation and future earnings: does early patent disclosure matter?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 2011-2056, April.
    128. Ma, Mingze, 2022. "Gendered performance evaluation in CEO turnover," Journal of Corporate Finance, Elsevier, vol. 77(C).
    129. Houdou Basse Mama & Rahel Mandaroux, 2022. "Do investors care about carbon emissions under the European Environmental Policy?," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 268-283, January.
    130. Ali, Usman & Hirshleifer, David, 2017. "Opportunism as a firm and managerial trait: Predicting insider trading profits and misconduct," Journal of Financial Economics, Elsevier, vol. 126(3), pages 490-515.
    131. Bongsuk Sung & Woo-Yong Song, 2017. "Does Dynamic Efficiency of Public Policy Promote Export Prformance? Evidence from Bioenergy Technology Sector," Energies, MDPI, vol. 10(12), pages 1-18, December.
    132. Winston Wei Dou & Yan Ji & David Reibstein & Wei Wu, 2021. "Inalienable Customer Capital, Corporate Liquidity, and Stock Returns," Journal of Finance, American Finance Association, vol. 76(1), pages 211-265, February.
    133. Mercedes Rubio-Andrés & Mª Ramos-González & Miguel Ángel Sastre-Castillo, 2022. "Driving innovation management to create shared value and sustainable growth," Review of Managerial Science, Springer, vol. 16(7), pages 2181-2211, October.
    134. Thi-Thanh Phan & Hai-Chin Yu, 2022. "Innovation, institutional ownerships and board diversity," Review of Quantitative Finance and Accounting, Springer, vol. 59(4), pages 1647-1693, November.
    135. Wu, Yuliang & Mazouz, Khelifa, 2016. "Long-term industry reversals," Journal of Banking & Finance, Elsevier, vol. 68(C), pages 236-250.
    136. Bianchi, Mattia & Murtinu, Samuele & Scalera, Vittoria G., 2019. "R&D Subsidies as Dual Signals in Technological Collaborations," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    137. Drivas, Kyriakos & Gounopoulos, Dimitrios & Konstantios, Dimitrios & Tsiritakis, Emmanuel, 2018. "Trademarks, Firm Longevity and IPO Underpricing," MPRA Paper 89430, University Library of Munich, Germany.
    138. Lily Nguyen & Le Vu & Xiangkang Yin, 2021. "Share repurchases and firm innovation," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(S1), pages 1665-1695, April.
    139. Chiu, Junmao & Chen, Chin-Ho & Cheng, Chung-Chieh & Hung, Shih-Chang, 2021. "Knowledge capital, CEO power, and firm value: Evidence from the IT industry," The North American Journal of Economics and Finance, Elsevier, vol. 55(C).
    140. Afees A. Salisu & Riza Demirer & Rangan Gupta, 2023. "Technological Shocks and Stock Market Volatility Over a Century: A GARCH-MIDAS Approach," Working Papers 202308, University of Pretoria, Department of Economics.
    141. Hamdi Ben‐Nasr & Lobna Bouslimi & Rui Zhong, 2021. "Do Patented Innovations Reduce Stock Price Crash Risk?," International Review of Finance, International Review of Finance Ltd., vol. 21(1), pages 3-36, March.
    142. Atilgan, Yigit & Bali, Turan G. & Demirtas, K. Ozgur & Gunaydin, A. Doruk, 2020. "Left-tail momentum: Underreaction to bad news, costly arbitrage and equity returns," Journal of Financial Economics, Elsevier, vol. 135(3), pages 725-753.
    143. Xu, Yong & Yuan, Ling & Khalfaoui, Rabeh & Radulescu, Magdalena & Mallek, Sabrine & Zhao, Xin, 2023. "Making technological innovation greener: Does firm digital transformation work?," Technological Forecasting and Social Change, Elsevier, vol. 197(C).
    144. Gu, Lifeng, 2016. "Product market competition, R&D investment, and stock returns," Journal of Financial Economics, Elsevier, vol. 119(2), pages 441-455.
    145. Giau Bui, Dien & Chen, Yehning & Lin, Chih-Yung & Lin, Tse-Chun, 2021. "Risk-taking of bank CEOs and corporate innovation," Journal of International Money and Finance, Elsevier, vol. 115(C).
    146. Borochin, Paul & Yang, Jie, 2017. "The effects of institutional investor objectives on firm valuation and governance," Journal of Financial Economics, Elsevier, vol. 126(1), pages 171-199.
    147. Elias Oikarinen & Janne Engblom, 2016. "Differences in housing price dynamics across cities: A comparison of different panel model specifications," Urban Studies, Urban Studies Journal Limited, vol. 53(11), pages 2312-2329, August.
    148. Zhao, Hongjun & Ni, Jinlan & Liu, Xiaomin, 2024. "Political connections and corporate innovation: A stepping stone or stumbling block?," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 310-326.
    149. Lai, Shaojie & Yang, Laifeng & Wang, Qing & Anderson, Hamish D., 2023. "Judicial independence and corporate innovation: Evidence from the establishment of circuit courts," Journal of Corporate Finance, Elsevier, vol. 80(C).
    150. Bai, Qing & Tian, Shaonan, 2020. "Innovate or die: Corporate innovation and bankruptcy forecasts," Journal of Empirical Finance, Elsevier, vol. 59(C), pages 88-108.
    151. Hung-Chao Yu & Wen-Ying Wang & Chingfu Chang, 2015. "The stock market valuation of intellectual capital in the IT industry," Review of Quantitative Finance and Accounting, Springer, vol. 45(2), pages 279-304, August.
    152. Fiordelisi, F. & Renneboog, Luc & Ricci, Ornella & Lopes, SS, 2019. "Creative corporate culture and innovation," Other publications TiSEM 20366a28-bf81-4a30-b7d1-5, Tilburg University, School of Economics and Management.
    153. Basse Mama, Houdou, 2018. "Nonlinear capital market payoffs to science-led innovation," Research Policy, Elsevier, vol. 47(6), pages 1084-1095.
    154. Misheck Mutize & Sean J. Gossel, 2019. "Sovereign Credit Rating Announcement Effects on Foreign Currency Denominated Bond and Equity Markets in Africa," Journal of African Business, Taylor & Francis Journals, vol. 20(1), pages 135-152, January.
    155. Obrimah, Oghenovo A., 2024. "Measuring Innovativeness: A ranking of the ordinal utility from consumption is more robust than either of ‘outcomes of commercialization’ or patent counts," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 603-616.
    156. Ziyang Li & Qianwei Ying & Wu Yan & Chenjun Fan, 2022. "Does just‐in‐time adoption have an impact on corporate innovation: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 1599-1635, April.
    157. Oh, Jong-Min, 2017. "Absorptive capacity, technology spillovers, and the cross-section of stock returns," Journal of Banking & Finance, Elsevier, vol. 85(C), pages 146-164.
    158. Lu Jolly Zhou & Mehdi Sadeghi, 2021. "The long‐run role of innovation in the IPO market: inhibition or promotion?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(2), pages 3735-3779, June.
    159. Huang, Tao & Li, Junye & Wu, Fei & Zhu, Ning, 2022. "R&D information quality and stock returns," Journal of Financial Markets, Elsevier, vol. 57(C).
    160. Miller, Steve & Qiu, Bin & Wang, Bin & Yang, Tina, 2022. "Monitoring institutional ownership and corporate innovation," Journal of Empirical Finance, Elsevier, vol. 69(C), pages 144-165.
    161. Machokoto, Michael & Gyimah, Daniel & Ntim, Collins G., 2021. "Do peer firms influence innovation?," The British Accounting Review, Elsevier, vol. 53(5).
    162. Griffin, Paul A. & Hong, Hyun A. & Ryou, Ji Woo, 2018. "Corporate innovative efficiency: Evidence of effects on credit ratings," Journal of Corporate Finance, Elsevier, vol. 51(C), pages 352-373.
    163. Zhang, Liangliang & Huang, Shoujun, 2022. "Social capital and regional innovation efficiency: The moderating effect of governance quality," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 343-359.
    164. Leung, Woon Sau & Mazouz, Khelifa & Chen, Jie & Wood, Geoffrey, 2018. "Organization capital, labor market flexibility, and stock returns around the world," Journal of Banking & Finance, Elsevier, vol. 89(C), pages 150-168.
    165. Tu Nguyen & Jing Zhao, 2021. "Industry tournament incentives and corporate innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(9-10), pages 1797-1845, October.
    166. Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Narayan, Seema, 2018. "Technology-investing countries and stock return predictability," Emerging Markets Review, Elsevier, vol. 36(C), pages 159-179.
    167. Zhang, Xuezhi & Wu, Wenxin & Zhou, Zixun & Yuan, Lin, 2020. "Geographic proximity, information flows and corporate innovation: Evidence from the high-speed rail construction in China," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
    168. Theissen, Erik & Zimmermann, Lukas, 2020. "Do contented customers make shareholders wealthy? Implications of intangibles for security pricing," CFR Working Papers 20-12, University of Cologne, Centre for Financial Research (CFR).
    169. da Silva, Raphael Braga & Klotzle, Marcelo Cabus & Pinto, Antonio Carlos Figueiredo & da Motta, Luiz Felipe Jacques, 2018. "R&D investment and risk in Brazil," Global Finance Journal, Elsevier, vol. 35(C), pages 106-114.
    170. Basse Mama, Houdou, 2018. "Innovative efficiency and stock returns: Should we care about nonlinearity?," Finance Research Letters, Elsevier, vol. 24(C), pages 81-89.
    171. Ziqin Yu & Xiang Xiao, 2022. "Innovation information disclosure and stock price crash risk‐based supervision and insurance effect path analysis," Australian Economic Papers, Wiley Blackwell, vol. 61(3), pages 534-590, September.
    172. Lee, Charles M.C. & Shi, Terrence Tianshuo & Sun, Stephen Teng & Zhang, Ran, 2024. "Production complementarity and information transmission across industries," Journal of Financial Economics, Elsevier, vol. 155(C).
    173. Pingui Rao & Heng Yue & Xin Zhou, 2018. "Return predictability and the real option value of segments," Review of Accounting Studies, Springer, vol. 23(1), pages 167-199, March.
    174. Mensi, Walid & Vo, Xuan Vinh & Kang, Sang Hoon, 2022. "Upward/downward multifractality and efficiency in metals futures markets: The impacts of financial and oil crises," Resources Policy, Elsevier, vol. 76(C).
    175. Xiong, Xiong & Meng, Yongqiang & Joseph, Nathan Lael & Shen, Dehua, 2020. "Stock mispricing, hard-to-value stocks and the influence of internet stock message boards," International Review of Financial Analysis, Elsevier, vol. 72(C).
    176. Chen, Yangyang & Podolski, Edward J. & Veeraraghavan, Madhu, 2015. "Does managerial ability facilitate corporate innovative success?," Journal of Empirical Finance, Elsevier, vol. 34(C), pages 313-326.
    177. Rajaiya, Harshit, 2023. "Innovation Success and Capital Structure," Journal of Corporate Finance, Elsevier, vol. 79(C).
    178. Marco Taliento, 2017. "In the Midst of Crisis: Knowledge Assets and Operating Efficiency of Italian Listed Companies," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(7), pages 1-70, June.
    179. Lin Tian & Liang Han, 2019. "How local is local? Evidence from bank competition and corporate innovation in U.S," Review of Quantitative Finance and Accounting, Springer, vol. 52(1), pages 289-324, January.
    180. Zhang, Ping & Wang, Yiru & Gao, Jieying, 2023. "Going public and innovation: Evidence from the ChiNext stock market," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 586-613.
    181. Liu, Xin & Yin, Chengxi & Zheng, Weinan, 2021. "The invisible burden," Journal of Financial Markets, Elsevier, vol. 52(C).
    182. Xing, Fei & Hai, Mengdie & Cai, Jiayao, 2023. "Network centrality and technology acquisitions: Evidence from China's listed business groups," Economic Modelling, Elsevier, vol. 120(C).
    183. Cai, Kelly & Zhu, Hui, 2020. "Does going public in the U.S. facilitate corporate innovation of foreign firms?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    184. Faia, Ester & Mayer, Maximilian & Pezone, Vincenzo, 2020. "The Value of Firm Networks: A Natural Experiment on Board Connections," CEPR Discussion Papers 14591, C.E.P.R. Discussion Papers.
    185. Bruce K. Billings & James R. Moon & Richard M. Morton & Dana M. Wallace, 2020. "Can Employee Stock Options Contribute to Less Risk‐Taking?†," Contemporary Accounting Research, John Wiley & Sons, vol. 37(3), pages 1658-1686, September.
    186. Li, Xiaogang, 2020. "Innovation, market valuations, policy uncertainty and trade: Theory and evidence," ISU General Staff Papers 202001010800009179, Iowa State University, Department of Economics.
    187. Ang, Tze Chuan 'Chewie' & Azad, A.S.M. Sohel & Pham, Thu A.T. & Zhong, Angel, 2021. "Firm efficiency and stock returns: Australian evidence," International Review of Financial Analysis, Elsevier, vol. 78(C).
    188. Maung, Min & Wilson, Craig & Yu, Weisu, 2020. "Does reputation risk matter? Evidence from cross-border mergers and acquisitions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 66(C).
    189. Gyoshev, Stanley B. & Kaplan, Todd R. & Szewczyk, Samuel H. & Tsetsekos, George P., 2021. "Why do investment banks buy put options from companies?," Journal of Corporate Finance, Elsevier, vol. 67(C).
    190. Chang, Hsiu-yun & Liang, Woan-lih & Wang, Yanzhi, 2019. "Do institutional investors still encourage patent-based innovation after the tech bubble period?," Journal of Empirical Finance, Elsevier, vol. 51(C), pages 149-164.
    191. Dias, Ishanka K. & Fernando, J.M. Ruwani & Fernando, P. Narada D., 2022. "Does investor sentiment predict bitcoin return and volatility? A quantile regression approach," International Review of Financial Analysis, Elsevier, vol. 84(C).
    192. Gao, Wenlian & Chou, Julia, 2015. "Innovation efficiency, global diversification, and firm value," Journal of Corporate Finance, Elsevier, vol. 30(C), pages 278-298.
    193. Andrew Y. Chen & Tom Zimmermann, 2022. "Open Source Cross-Sectional Asset Pricing," Critical Finance Review, now publishers, vol. 11(2), pages 207-264, May.
    194. (Grace) Qing Hao & Keming Li, 2016. "The Bright Side of Discretionary Accruals: Evidence from Finance and Innovation," European Financial Management, European Financial Management Association, vol. 22(4), pages 540-575, September.
    195. Li, Ganglei & Shao, Yunfei, 2023. "How do top management team characteristics affect digital orientation? Exploring the internal driving forces of firm digitalization," Technology in Society, Elsevier, vol. 74(C).
    196. Alessandra Canepa & Emilio Zanetti Chini & Huthaifa Alqaralleh, 2020. "Global Cities and Local Housing Market Cycles," The Journal of Real Estate Finance and Economics, Springer, vol. 61(4), pages 671-697, November.
    197. Hsu, Po-Hsuan & Lee, Hsiao-Hui & Liu, Alfred Zhu & Zhang, Zhipeng, 2015. "Corporate innovation, default risk, and bond pricing," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 329-344.
    198. Ann Ling-Ching Chan & Edward Lee & Jirada Petaibanlue & Ning Tan, 2017. "Do board interlocks motivate voluntary disclosure? Evidence from Taiwan," Review of Quantitative Finance and Accounting, Springer, vol. 48(2), pages 441-466, February.
    199. Liu, Dayong & Lu, Zhao & Wang, Guanying & Meng, Qiaoran, 2024. "A two-dimensional innovation activity factor and stock pricing: Evidence from the Chinese stock market," International Review of Economics & Finance, Elsevier, vol. 90(C), pages 102-114.
    200. Devos, Erik & Li, He, 2021. "Vertical integration to mitigate internal capital market inefficiencies," Journal of Corporate Finance, Elsevier, vol. 69(C).
    201. Feng, Hongrui & Rao, Ramesh P., 2022. "The positive externalities of leveraged buyouts," Journal of Banking & Finance, Elsevier, vol. 135(C).
    202. Cameron Truong & Thu Ha Nguyen & Thanh Huynh, 2021. "Customer satisfaction and the cost of capital," Review of Accounting Studies, Springer, vol. 26(1), pages 293-342, March.
    203. Sharma, Susan Sunila & Narayan, Paresh Kumar, 2022. "Technology shocks and stock returns: A long-term perspective," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 67-83.
    204. Sudheer Chava & Vikram Nanda & Steven Chong Xiao, 2017. "Lending to Innovative Firms," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 6(2), pages 234-289.
    205. Chan, Konan & Chen, Hung-Kun & Hong, Li-Hong & Wang, Yanzhi, 2015. "Stock market valuation of R&D expenditures—The role of corporate governance," Pacific-Basin Finance Journal, Elsevier, vol. 31(C), pages 78-93.
    206. Zhao, Xin-Xin & Zheng, Mingbo & Fu, Qiang, 2022. "How natural disasters affect energy innovation? The perspective of environmental sustainability," Energy Economics, Elsevier, vol. 109(C).
    207. Chen, Gaole & Sutton, Ninon & Qi, Jianping, 2017. "From setback to comeback: Motivations for withdrawn IPO firms to return," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 259-264.
    208. Jiang, Fuwei & Qi, Xinlin & Tang, Guohao, 2018. "Q-theory, mispricing, and profitability premium: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 87(C), pages 135-149.
    209. Hedy Jiaying Huang & Ahsan Habib & Sophia Li Sun & Ying Liu & Huiting Guo, 2021. "Financial reporting and corporate innovation: a review of the international literature," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(4), pages 5439-5499, December.
    210. Brockman, Paul & Khurana, Inder K. & Zhong, Rong (Irene), 2018. "Societal trust and open innovation," Research Policy, Elsevier, vol. 47(10), pages 2048-2065.
    211. Chang, Yen-Cheng & Cheng, Hung-Wen, 2015. "Information environment and investor behavior," Journal of Banking & Finance, Elsevier, vol. 59(C), pages 250-264.
    212. Gyoshev, Stanley & Kaplan, Todd R. & Szewczyk, Samuel & Tsetsekos, George, 2012. "Why Do Financial Intermediaries Buy Put Options from Companies?," MPRA Paper 43149, University Library of Munich, Germany.
    213. Zhou, Lu (Jolly) & Sadeghi, Mehdi, 2019. "The impact of innovation on IPO short-term performance – Evidence from the Chinese markets," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 208-235.
    214. Shailu Singh, 2018. "Patenting Matters, Not Patents: Firm Market Value in Indian Manufacturing," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(1), pages 67-87, February.
    215. Chen, Feng & Hou, Yu & Qiu, Jiaping & Richardson, Gordon, 2023. "Chilling effects of patent trolls," Research Policy, Elsevier, vol. 52(3).
    216. Po‐Hsuan Hsu & Kai Li & Chi‐Yang Tsou, 2023. "The Pollution Premium," Journal of Finance, American Finance Association, vol. 78(3), pages 1343-1392, June.
    217. Rizzo, Emanuele, 2018. "Essays on corporate governance and the impact of regulation on financial markets," Other publications TiSEM b5158260-ea13-4763-b992-6, Tilburg University, School of Economics and Management.
    218. Rui Li & Jing Rao & Liangyong Wan, 2022. "The digital economy, enterprise digital transformation, and enterprise innovation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 2875-2886, October.
    219. Po‐Hsuan Hsu & Huijun Wang & Wei Yang, 2022. "General Purpose Technologies as Systematic Risk in Global Stock Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1141-1173, August.
    220. DeLisle, R. Jared & Ferguson, Michael F. & Kassa, Haimanot & Zaynutdinova, Gulnara R., 2021. "Hazard stocks and expected returns," Journal of Banking & Finance, Elsevier, vol. 125(C).
    221. Kaufmann, Mattheo & Schiereck, Dirk, 2023. "Acquiring for innovation: Evidence from the U.S. technology industry," Journal of Economic Dynamics and Control, Elsevier, vol. 152(C).
    222. Leung, Woon Sau & Evans, Kevin P. & Mazouz, Khelifa, 2020. "The R&D anomaly: Risk or mispricing?," Journal of Banking & Finance, Elsevier, vol. 115(C).
    223. Jiang, Xiandeng & Kong, Dongming & Xiao, Chengrui, 2020. "Policy certainty and heterogeneous firm innovation: Evidence from China," China Economic Review, Elsevier, vol. 63(C).
    224. Galicia-Sanguino, Lucía & Rojo-Suárez, Javier & Alonso-Conde, Ana B. & López-Pérez, M. Victoria, 2021. "Trade integration and research and development investment as a proxy for idiosyncratic risk in the cross-section of stock returns," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    225. Fafaliou, Irene & Giaka, Maria & Konstantios, Dimitrios & Polemis, Michael, 2020. "Revisiting the sustainability-innovation nexus: Lessons learned from the US," MPRA Paper 99834, University Library of Munich, Germany.
    226. Tim Martens, 2023. "The disclosure function of the U.S. patent system: evidence from the PTDL program and extreme snowfall," Review of Accounting Studies, Springer, vol. 28(1), pages 237-264, March.
    227. Ang, Tze Chuan ‘Chewie’ & Lam, F.Y. Eric C. & Wei, K.C. John, 2020. "Mispricing firm-level productivity," Journal of Empirical Finance, Elsevier, vol. 58(C), pages 139-163.
    228. Bornemann, Tobias & Laplante, Stacie K. & Osswald, Benjamin, 2018. "The effect of intellectual property boxes on innovative activity & effective tax rates," arqus Discussion Papers in Quantitative Tax Research 234, arqus - Arbeitskreis Quantitative Steuerlehre.
    229. Huang, Chien-Yu & Yang, Yibai & Zheng, Zhijie, 2018. "Monetary Policy in a Schumpeterian Growth Model with Two R&D Sectors," MPRA Paper 87462, University Library of Munich, Germany.
    230. Ning, Shuying & Lin, Zhiyang, 2023. "Effect of accounting information manipulation on innovation: Evidence from China," Emerging Markets Review, Elsevier, vol. 56(C).
    231. Larson, James F. & Park, Jaemin, 2014. "From developmental to network state: Government restructuring and ICT-led innovation in Korea," Telecommunications Policy, Elsevier, vol. 38(4), pages 344-359.
    232. Ya-Fang Wang, 2022. "Audit Fees, Patent Litigation, and Long-Term Performance," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 15(1), pages 7-15, July.
    233. Lindsay Baran & Arno Forst & M. Tony Via, 2023. "Dual‐class share structure and innovation," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 46(1), pages 169-202, February.
    234. Cao, Xiaping & Cumming, Douglas & Zhou, Sili, 2020. "State ownership and corporate innovative efficiency," Emerging Markets Review, Elsevier, vol. 44(C).
    235. Po-Hsuan Hsu & Hsiao-Hui Lee & Tong Zhou, 2022. "Patent Thickets, Stock Returns, and Conditional CAPM," Management Science, INFORMS, vol. 68(11), pages 8343-8367, November.
    236. Syed Muhammad Imran & Hafeez Ur Rehman & Rana Ejaz Ali Khan, 2020. "Effect of corruption on firm level innovation: Evidence from Pakistan," Economics and Business Letters, Oviedo University Press, vol. 9(1), pages 41-47.
    237. Xin Chen & Wei He & Libin Tao & Jianfeng Yu, 2023. "Attention and Underreaction-Related Anomalies," Management Science, INFORMS, vol. 69(1), pages 636-659, January.
    238. Liu, Duan & Li, Zhiyuan & He, Hongbo & Hou, Wenxuan, 2021. "The determinants of R&D smoothing with asset sales: Evidence from R&D-intensive firms in China," International Review of Economics & Finance, Elsevier, vol. 75(C), pages 76-93.
    239. Konstantinidi, Theodosia, 2022. "Firm life cycle, expectation errors and future stock returns," Journal of Banking & Finance, Elsevier, vol. 143(C).
    240. Yizhong Wang & Linying Lv & Shanqiao Xia, 2022. "Initial public offering, corporate innovation and total factor productivity: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(5), pages 4695-4726, December.
    241. Cai, Haidong & Jiang, Ying & Liu, Xiaoquan, 2022. "Investor attention, aggregate limit-hits, and stock returns," International Review of Financial Analysis, Elsevier, vol. 83(C).
    242. Sabet, Amir H. & Agha, Mahmoud & Heaney, Richard, 2018. "Value of investment: Evidence from the oil and gas industry," Energy Economics, Elsevier, vol. 70(C), pages 190-204.
    243. Feng Gao & Rong Zhong, 2023. "Information environment and interfirm alliance," Review of Quantitative Finance and Accounting, Springer, vol. 60(2), pages 643-677, February.
    244. Hsiao-Fen Hsiao & Tingyong Zhong & Jun Wang, 2024. "Does national culture influence corporate social responsibility on firm performance?," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.
    245. Liu, Duan & Zhou, Qianzhen & Chen, Shiqi & Wan, Hong & He, Hongbo, 2021. "Capital market access and innovation efficiency: A natural experiment from China’s pilot VAT reform in 2012," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 549-566.
    246. Hai Wu & Anne-Maree Thomas & Sue Wright, 2020. "Using the R&D capitalisation choice to explain the scale benefits of R&D investment," Australian Journal of Management, Australian School of Business, vol. 45(4), pages 579-606, November.
    247. Chien‐Yu Huang & Youchang Wu & Yibai Yang & Zhijie Zheng, 2023. "Monetary Policy in a Schumpeterian Growth Model with Vertical R&D Sectors," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(6), pages 1569-1607, September.
    248. Lu, Jun & Wang, Wei, 2018. "Managerial conservatism, board independence and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 48(C), pages 1-16.
    249. Chemmanur, Thomas J. & Shen, Yao & Xie, Jing, 2023. "Innovation beyond firm boundaries: Strategic alliances and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 80(C).
    250. Chan, Konan & Lin, Yueh-Hsiang & Wang, Yanzhi, 2017. "Limits-to-arbitrage, investment frictions, and innovation anomalies," Pacific-Basin Finance Journal, Elsevier, vol. 43(C), pages 1-14.
    251. Chen, Yangyang & Podolski, Edward J. & Veeraraghavan, Madhu, 2017. "National culture and corporate innovation," Pacific-Basin Finance Journal, Elsevier, vol. 43(C), pages 173-187.
    252. Chou, Shu-Ching & Shih, Chia-Jung, 2020. "Like father, like son? Diversification decision and related performance of family firm successors – Evidence from Taiwan," The Quarterly Review of Economics and Finance, Elsevier, vol. 75(C), pages 209-220.
    253. Zhong, Rong (Irene), 2018. "Transparency and firm innovation," Journal of Accounting and Economics, Elsevier, vol. 66(1), pages 67-93.
    254. Wen, Jun & Wang, Siqin & Yang, Xiuyun & Zhou, Xiaozhou, 2023. "Impacts of epidemics on innovation: An empirical analysis," Technovation, Elsevier, vol. 119(C).
    255. Zheyuan Zhang & Huiying Wu & Sammy Xiaoyan Ying & Jiaxing You, 2023. "Corporate Innovation and Disclosure Strategy," Abacus, Accounting Foundation, University of Sydney, vol. 59(1), pages 76-133, March.
    256. Xiangxi Tang & Jing Shi & Jianlei Han & Ao Shu & Fulong Xiao, 2021. "Culturally diverse board and corporate innovation," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(4), pages 5655-5679, December.

  25. Hsu, Po-Hsuan & Wang, Chong & Wu, Chaopeng, 2013. "Banking systems, innovations, intellectual property protections, and financial markets: Evidence from China," Journal of Business Research, Elsevier, vol. 66(12), pages 2390-2396.

    Cited by:

    1. Yuping Deng & Yanrui Wu & Helian Xu, 2020. "Political Connections and Firm Pollution Behaviour: An Empirical Study," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(4), pages 867-898, April.
    2. Hou, Qingsong & Hu, May & Yuan, Yuan, 2017. "Corporate innovation and political connections in Chinese listed firms," Pacific-Basin Finance Journal, Elsevier, vol. 46(PA), pages 158-176.
    3. Luo, Lianfa & Cheng, Zhiming & Ye, Qingqing & Cheng, Yanjun & Smyth, Russell & Yang, Zhiqing & Zhang, Le, 2023. "Nonmonetary Awards and Innovation: Evidence from Winning China's Top Brand Contest," GLO Discussion Paper Series 1345, Global Labor Organization (GLO).
    4. Zhou, Kevin Zheng & Wang, Kui & Xu, Dean & Xie, En, 2022. "Drinking poison to quench thirst: Does bribery foster firm performance in China?," Journal of Business Research, Elsevier, vol. 147(C), pages 505-517.
    5. Lily Fang & Josh Lerner & Chaopeng Wu, 2016. "Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China," NBER Working Papers 22685, National Bureau of Economic Research, Inc.
    6. Ma, Zhenzhong & Yu, Mingyang & Gao, Chongyan & Zhou, Jieru & Yang, Zhenning, 2015. "Institutional constraints of product innovation in China: Evidence from international joint ventures," Journal of Business Research, Elsevier, vol. 68(5), pages 949-956.
    7. Christodoulou, Demetris & Lev, Baruch & Ma, Le, 2018. "The productivity of Chinese patents: The role of business area and ownership type," International Journal of Production Economics, Elsevier, vol. 199(C), pages 107-124.
    8. Xiang Yan & Yongchun Huang, 2021. "Is there a nonlinear economic threshold effect of financial development on the efficiency of sci‐tech innovation? An empirical test from the Yangtze River Economic Belt," Growth and Change, Wiley Blackwell, vol. 52(3), pages 1387-1409, September.
    9. Li, Junwei, 2024. "Impact of financial development on innovation efficiency of high-tech industrial development zones in Chinese cities," Technology in Society, Elsevier, vol. 76(C).
    10. Lin Tian & Liang Han & Biao Mi, 2020. "Bank competition, information specialization and innovation," Review of Quantitative Finance and Accounting, Springer, vol. 54(3), pages 1011-1035, April.
    11. Danlin Shen & Carl R. Chen & Xinyan Yan & Zhihong Yi, 2022. "Do credit market accessibility and legal protection shape corporate innovation?," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 45(3), pages 719-754, September.
    12. Hsu, David H. & Hsu, Po-Hsuan & Zhao, Qifeng, 2021. "Rich on paper? Chinese firms’ academic publications, patents, and market value," Research Policy, Elsevier, vol. 50(9).
    13. Ata Allah Taleizadeh & Mahsa Noori-daryan & Mohammad Reza Soltani & Reza Askari, 2022. "Optimal pricing and ordering digital goods under piracy using game theory," Annals of Operations Research, Springer, vol. 315(2), pages 931-968, August.
    14. Huang, Yeu-Shiang & Lin, Shin-Hua & Fang, Chih-Chiang, 2017. "Pricing and coordination with consideration of piracy for digital goods in supply chains," Journal of Business Research, Elsevier, vol. 77(C), pages 30-40.
    15. Yan Li & Md. Main Uddin & Ye An, 2020. "Has financial development benefited the performance of publicly traded cultural and creative firms? Evidence from China," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(3), pages 351-395, September.
    16. Li Li & Jean Chen & Hongli Gao & Li Xie, 2019. "The certification effect of government R&D subsidies on innovative entrepreneurial firms’ access to bank finance: evidence from China," Small Business Economics, Springer, vol. 52(1), pages 241-259, January.

  26. Assaf Eisdorfer & Po‐Hsuan Hsu, 2011. "Innovate to Survive: The Effect of Technology Competition on Corporate Bankruptcy," Financial Management, Financial Management Association International, vol. 40(4), pages 1087-1117, December.

    Cited by:

    1. Gutiérrez-López, Cristina & Castro, Paula & Tascón, María T., 2022. "How can firms' transition to a low-carbon economy affect the distance to default?," Research in International Business and Finance, Elsevier, vol. 62(C).
    2. Becker, Bo & Ivashina, Victoria, 2019. "Disruption and Credit Markets," CEPR Discussion Papers 13508, C.E.P.R. Discussion Papers.
    3. Somoza, Antonio, 2021. "The influence of the vulnerability of sectors on their survival and probability of insolvency: the case of small and medium entities in Spain || La influencia de la vulnerabilidad de los sectores en s," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 32(1), pages 148-174, December.
    4. Jiao, Feng & Zhang, Chuanqian, 2022. "Lumpy investment and credit risk," Journal of Corporate Finance, Elsevier, vol. 77(C).
    5. Cho, Chanho & Halford, Joseph T. & Hsu, Scott & Ng, Lilian, 2016. "Do managers matter for corporate innovation?," Journal of Corporate Finance, Elsevier, vol. 36(C), pages 206-229.
    6. Redha Fares & Amélie Guillin, 2022. "R&D expenditures and firm survival," Erudite Working Paper 2022-04, Erudite.
    7. Shen, Lingbo, 2022. "Essays on behavioral finance and corporate finance," Other publications TiSEM a9b98a25-a208-4ba6-9344-9, Tilburg University, School of Economics and Management.
    8. Mehmet Civelek & Vladimír Krajèík & Vendula Fialova, 2023. "The impacts of innovative and competitive abilities of SMEs on their different financial risk concerns: System approach," Oeconomia Copernicana, Institute of Economic Research, vol. 14(1), pages 327-354, March.
    9. Dong, Xiao & Yu, Mingzhe, 2023. "Does FinTech development facilitate firms' innovation? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 89(C).
    10. Xiaolu Xu & Leo L. Yang & Joseph H. Zhang, 2022. "How do auditors respond to client firms’ technological peer pressure? Evidence from going‐concern opinions," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(9-10), pages 1553-1580, October.
    11. Yu Zhao & Huaming Du & Qing Li & Fuzhen Zhuang & Ji Liu & Gang Kou, 2022. "A Comprehensive Survey on Enterprise Financial Risk Analysis from Big Data Perspective," Papers 2211.14997, arXiv.org, revised May 2023.
    12. Jha, Ashish K. & Bose, Indranil & Ngai, Eric W.T., 2016. "Platform based innovation: The case of Bosch India," International Journal of Production Economics, Elsevier, vol. 171(P2), pages 250-265.
    13. Bai, Qing & Tian, Shaonan, 2020. "Innovate or die: Corporate innovation and bankruptcy forecasts," Journal of Empirical Finance, Elsevier, vol. 59(C), pages 88-108.
    14. Ningrui Wen & Muhammad Usman & Ahsan Akbar, 2023. "The Nexus between Managerial Overconfidence, Corporate Innovation, and Institutional Effectiveness," Sustainability, MDPI, vol. 15(8), pages 1-21, April.
    15. Danmo Lin, 2023. "Accelerability vs. Scalability: R&D Investment Under Financial Constraints and Competition," Management Science, INFORMS, vol. 69(7), pages 4078-4107, July.
    16. Hsu, Po-Hsuan & Lee, Hsiao-Hui & Liu, Alfred Zhu & Zhang, Zhipeng, 2015. "Corporate innovation, default risk, and bond pricing," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 329-344.
    17. Koornneef, Stephanie, 2021. "It’s about time : Essays on temporal anchoring devices," Other publications TiSEM 91f67ed3-8fde-494f-acf2-7, Tilburg University, School of Economics and Management.
    18. Li, Xin & Nosheen, Safia & Haq, Naveed Ul & Gao, Xue, 2021. "Value creation during fourth industrial revolution: Use of intellectual capital by most innovative companies of the world," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    19. Redha Fares, 2022. "Bankruptcy, Performance and Market Selection: Evidence from Firms in France," Erudite Ph.D Dissertations, Erudite, number ph22-01 edited by Claude Mathieu.
    20. Wang, Shuangshi & Yan, Cheng & Zhao, Yuqian, 2024. "Technological peer pressure and corporate sustainability," Energy Economics, Elsevier, vol. 130(C).

  27. Hsu, Po-Hsuan & Hsu, Yu-Chin & Kuan, Chung-Ming, 2010. "Testing the predictive ability of technical analysis using a new stepwise test without data snooping bias," Journal of Empirical Finance, Elsevier, vol. 17(3), pages 471-484, June.

    Cited by:

    1. Coakley, Jerry & Marzano, Michele & Nankervis, John, 2016. "How profitable are FX technical trading rules?," International Review of Financial Analysis, Elsevier, vol. 45(C), pages 273-282.
    2. Costantini, Mauro & Crespo Cuaresma, Jesus & Hlouskova, Jaroslava, 2014. "Can Macroeconomists Get Rich Forecasting Exchange Rates?," Department of Economics Working Paper Series 176, WU Vienna University of Economics and Business.
    3. Lu, Tsung-Hsun & Chen, Yi-Chi & Hsu, Yu-Chin, 2015. "Trend definition or holding strategy: What determines the profitability of candlestick charting?," Journal of Banking & Finance, Elsevier, vol. 61(C), pages 172-183.
    4. Andriosopoulos, Kostas & Doumpos, Michael & Papapostolou, Nikos C. & Pouliasis, Panos K., 2013. "Portfolio optimization and index tracking for the shipping stock and freight markets using evolutionary algorithms," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 52(C), pages 16-34.
    5. Wang, Shan & Jiang, Zhi-Qiang & Li, Sai-Ping & Zhou, Wei-Xing, 2015. "Testing the performance of technical trading rules in the Chinese markets based on superior predictive test," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 439(C), pages 114-123.
    6. Bajgrowicz, Pierre & Scaillet, Olivier, 2012. "Technical trading revisited: False discoveries, persistence tests, and transaction costs," Journal of Financial Economics, Elsevier, vol. 106(3), pages 473-491.
    7. Hassanniakalager, Arman & Sermpinis, Georgios & Stasinakis, Charalampos, 2021. "Trading the foreign exchange market with technical analysis and Bayesian Statistics," Journal of Empirical Finance, Elsevier, vol. 63(C), pages 230-251.
    8. Yang Zhao & Charalampos Stasinakis & Georgios Sermpinis & Filipa Da Silva Fernandes, 2019. "Revisiting Fama–French factors' predictability with Bayesian modelling and copula‐based portfolio optimization," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 24(4), pages 1443-1463, October.
    9. Chiang, Mi-Hsiu & Chiu, Hsin-Yu & Kuo, Wei-Yu, 2021. "Predictive ability of similarity-based futures trading strategies," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    10. Taylor, Mark & Hsu, Po-Hsuan & Wang, Zigan, 2020. "The Out-of-Sample Performance of Carry Trades," CEPR Discussion Papers 15052, C.E.P.R. Discussion Papers.
    11. Hsu, Po-Hsuan & Han, Qiheng & Wu, Wensheng & Cao, Zhiguang, 2018. "Asset allocation strategies, data snooping, and the 1 / N rule," Journal of Banking & Finance, Elsevier, vol. 97(C), pages 257-269.
    12. Zarrabi, Nima & Snaith, Stuart & Coakley, Jerry, 2017. "FX technical trading rules can be profitable sometimes!," International Review of Financial Analysis, Elsevier, vol. 49(C), pages 113-127.
    13. Jesus Crespo Cuaresma & Ines Fortin & Jaroslava Hlouskova, 2018. "Exchange rate forecasting and the performance of currency portfolios," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 37(5), pages 519-540, August.
    14. Hung, Chiayu & Lai, Hung-Neng, 2022. "Information asymmetry and the profitability of technical analysis," Journal of Banking & Finance, Elsevier, vol. 134(C).
    15. Anghel, Dan Gabriel, 2021. "Data Snooping Bias in Tests of the Relative Performance of Multiple Forecasting Models," Journal of Banking & Finance, Elsevier, vol. 126(C).
    16. Chuang, O-Chia & Chuang, Hui-Ching & Wang, Zixuan & Xu, Jin, 2024. "Profitability of technical trading rules in the Chinese stock market," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
    17. Kuang, P. & Schröder, M. & Wang, Q., 2014. "Illusory profitability of technical analysis in emerging foreign exchange markets," International Journal of Forecasting, Elsevier, vol. 30(2), pages 192-205.
    18. Shynkevich, Andrei, 2012. "Short-term predictability of equity returns along two style dimensions," Journal of Empirical Finance, Elsevier, vol. 19(5), pages 675-685.
    19. Kevin Rink, 2023. "The predictive ability of technical trading rules: an empirical analysis of developed and emerging equity markets," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 37(4), pages 403-456, December.
    20. Kearney, Fearghal & Cummins, Mark & Murphy, Finbarr, 2014. "Outperformance in exchange-traded fund pricing deviations: Generalized control of data snooping bias," Journal of Financial Markets, Elsevier, vol. 19(C), pages 86-109.
    21. Jying‐Nan Wang & Hung‐Chun Liu & Jiangze Du & Yuan‐Teng Hsu, 2019. "Economic benefits of technical analysis in portfolio management: Evidence from global stock markets," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 24(2), pages 890-902, April.
    22. Christopher J. Neely & Paul A. Weller, 2011. "Technical analysis in the foreign exchange market," Working Papers 2011-001, Federal Reserve Bank of St. Louis.
    23. Suzuki, Tomoya & Ohkura, Yuushi, 2016. "Financial technical indicator based on chaotic bagging predictors for adaptive stock selection in Japanese and American markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 442(C), pages 50-66.
    24. Huang, Jing-Zhi & Huang, Zhijian (James), 2020. "Testing moving average trading strategies on ETFs," Journal of Empirical Finance, Elsevier, vol. 57(C), pages 16-32.
    25. Zongwu Cai & Jiancheng Jiang & Jingshuang Zhang & Xibin Zhang, 2015. "A new semiparametric test for superior predictive ability," Empirical Economics, Springer, vol. 48(1), pages 389-405, February.
    26. Joseph P. Romano & Michael Wolf, 2017. "Multiple testing of one-sided hypotheses: combining Bonferroni and the bootstrap," ECON - Working Papers 254, Department of Economics - University of Zurich.
    27. Taylor, Mark & Hsu, Po-Hsuan, 2014. "Forty Years, Thirty Currencies and 21,000 Trading Rules: A Large-scale, Data-Snooping Robust Analysis of Technical Trading in t," CEPR Discussion Papers 10018, C.E.P.R. Discussion Papers.
    28. Shynkevich, Andrei, 2012. "Performance of technical analysis in growth and small cap segments of the US equity market," Journal of Banking & Finance, Elsevier, vol. 36(1), pages 193-208.
    29. Shynkevich, Andrei, 2016. "Predictability in bond returns using technical trading rules," Journal of Banking & Finance, Elsevier, vol. 70(C), pages 55-69.
    30. Hong, Hui & Chen, Naiwei & O’Brien, Fergal & Ryan, James, 2018. "Stock return predictability and model instability: Evidence from mainland China and Hong Kong," The Quarterly Review of Economics and Finance, Elsevier, vol. 68(C), pages 132-142.
    31. Hubert Dichtl, 2020. "Investing in the S&P 500 index: Can anything beat the buy‐and‐hold strategy?," Review of Financial Economics, John Wiley & Sons, vol. 38(2), pages 352-378, April.
    32. Xiaoye Jin, 2022. "Evaluating the predictive power of intraday technical trading in China's crude oil market," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(7), pages 1416-1432, November.
    33. Dichtl, Hubert & Drobetz, Wolfgang & Neuhierl, Andreas & Wendt, Viktoria-Sophie, 2021. "Data snooping in equity premium prediction," International Journal of Forecasting, Elsevier, vol. 37(1), pages 72-94.
    34. Hubert Dichtl & Wolfgang Drobetz & Viktoria‐Sophie Wendt, 2021. "How to build a factor portfolio: Does the allocation strategy matter?," European Financial Management, European Financial Management Association, vol. 27(1), pages 20-58, January.
    35. Sermpinis, Georgios & Hassanniakalager, Arman & Stasinakis, Charalampos & Psaradellis, Ioannis, 2021. "Technical analysis profitability and Persistence: A discrete false discovery approach on MSCI indices," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    36. Christopher J. Bennett & Shabana Mitra, 2011. "Multidimensional Poverty: Measurement, Estimation, and Inference," OPHI Working Papers ophiwp047, Queen Elizabeth House, University of Oxford.
    37. Jin, Xiaoye, 2022. "Performance of intraday technical trading in China’s gold market," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 76(C).
    38. Hambuckers, J. & Ulm, M., 2023. "On the role of interest rate differentials in the dynamic asymmetry of exchange rates," Economic Modelling, Elsevier, vol. 129(C).
    39. Isakov, Dusan & Marti, Didier, 2011. "Technical Analysis with a Long-Term Perspective: Trading Strategies and Market Timing Ability," FSES Working Papers 421, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    40. Flavio Ivo Riedlinger & João Nicolau, 2020. "The Profitability in the FTSE 100 Index: A New Markov Chain Approach," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 27(1), pages 61-81, March.
    41. Nima Zarrabi & Stuart Snaith & Jerry Coakley, 2022. "Exchange rate forecasting using economic models and technical trading rules," The European Journal of Finance, Taylor & Francis Journals, vol. 28(10), pages 997-1018, July.
    42. Ioana-Andreea Boboc & Mihai-Cristian Dinică, 2013. "An Algorithm for Testing the Efficient Market Hypothesis," PLOS ONE, Public Library of Science, vol. 8(10), pages 1-11, October.
    43. Andrei Shynkevich, 2021. "Impact of bitcoin futures on the informational efficiency of bitcoin spot market," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(1), pages 115-134, January.
    44. Eero P䴤ri & Mika Vilska, 2014. "Performance of moving average trading strategies over varying stock market conditions: the Finnish evidence," Applied Economics, Taylor & Francis Journals, vol. 46(24), pages 2851-2872, August.
    45. Urquhart, Andrew & Zhang, Hanxiong, 2019. "The performance of technical trading rules in Socially Responsible Investments," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 397-411.
    46. Psaradellis, Ioannis & Laws, Jason & Pantelous, Athanasios A. & Sermpinis, Georgios, 2023. "Technical analysis, spread trading, and data snooping control," International Journal of Forecasting, Elsevier, vol. 39(1), pages 178-191.
    47. Hsu, Po-Hsuan & Taylor, Mark P. & Wang, Zigan, 2016. "Technical trading: Is it still beating the foreign exchange market?," Journal of International Economics, Elsevier, vol. 102(C), pages 188-208.
    48. Dan Anghel, 2013. "How Reliable is the Moving Average Crossover Rule for an Investor on the Romanian Stock Market?," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(2), pages 089-115, December.
    49. Qing Zhou & Robert Faff, 2017. "The complementary role of cross-sectional and time-series information in forecasting stock returns," Australian Journal of Management, Australian School of Business, vol. 42(1), pages 113-139, February.
    50. Christopher J. Bennett, 2009. "p-Value Adjustments for Asymptotic Control of the Generalized Familywise Error Rate," Vanderbilt University Department of Economics Working Papers 0905, Vanderbilt University Department of Economics.
    51. Mihai Cristian Dinică & Erica Cristina (Balea) Dinică, 2015. "Testing the Weak-Form Market Eficiency of the Euronext Wheat," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(55), pages 25-38, March.
    52. Baur, Dirk G. & Dichtl, Hubert & Drobetz, Wolfgang & Wendt, Viktoria-Sophie, 2020. "Investing in gold – Market timing or buy-and-hold?," International Review of Financial Analysis, Elsevier, vol. 71(C).
    53. Hui Hong & Zhicun Bian & Chien-Chiang Lee, 2021. "COVID-19 and instability of stock market performance: evidence from the U.S," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-18, December.
    54. Vincent, Kendro & Hsu, Yu-Chin & Lin, Hsiou-Wei, 2021. "Investment styles and the multiple testing of cross-sectional stock return predictability," Journal of Financial Markets, Elsevier, vol. 56(C).
    55. Shynkevich, Andrei, 2013. "Time-series momentum as an intra- and inter-industry effect: Implications for market efficiency," Journal of Economics and Business, Elsevier, vol. 69(C), pages 64-85.
    56. Kao, Yi-Cheng & Kuan, Chung-Ming & Chen, Shikuan, 2013. "Testing the predictive power of the term structure without data snooping bias," Economics Letters, Elsevier, vol. 121(3), pages 546-549.
    57. Anghel, Dan Gabriel, 2022. "No pain, no gain: You should always incorporate trading costs for a bias-free evaluation of trading rule overperformance," Economics Letters, Elsevier, vol. 216(C).
    58. Yu-Chin Hsu & Hsiou-Wei Lin & Kendro Vincent, 2017. "Do Cross-Sectional Stock Return Predictors Pass the Test without Data-Snooping Bias?," IEAS Working Paper : academic research 17-A003, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    59. Georgios Sermpinis & Arman Hassanniakalager & Charalampos Stasinakis & Ioannis Psaradellis, 2018. "Technical Analysis and Discrete False Discovery Rate: Evidence from MSCI Indices," Papers 1811.06766, arXiv.org, revised Jun 2019.
    60. Chen, Shi & Bao, Si & Zhou, Yu, 2016. "The predictive power of Japanese candlestick charting in Chinese stock market," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 148-165.
    61. Zongwu Cai & Jiancheng Jiang & Jingshuang Zhang, 2013. "A New Test for Superior Predictive Ability," Working Papers 2013-10-14, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    62. Yang, Junmin & Cao, Zhiguang & Han, Qiheng & Wang, Qiyu, 2019. "Tactical asset allocation on technical trading rules and data snooping," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).

  28. Hsu, Po-Hsuan & Huang, Dayong, 2010. "Technology prospects and the cross-section of stock returns," Journal of Empirical Finance, Elsevier, vol. 17(1), pages 39-53, January.

    Cited by:

    1. Narayan, Paresh Kumar, 2018. "Profitability of technology-investing Islamic and non-Islamic stock markets," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 70-81.
    2. Yuchao Xiao & Robert Faff & Philip Gharghori & Byoung-Kyu Min, 2017. "The Financial Performance of Socially Responsible Investments: Insights from the Intertemporal CAPM," Journal of Business Ethics, Springer, vol. 146(2), pages 353-364, December.
    3. Efdal Ulas Misirli, 2018. "Productivity Risk and Industry Momentum," Financial Management, Financial Management Association International, vol. 47(3), pages 739-774, September.
    4. Hegde, Shantaram P. & Mishra, Dev R., 2023. "Patented knowledge capital and implied equity risk premium," Journal of Banking & Finance, Elsevier, vol. 148(C).
    5. Du, Ding, 2013. "Another look at the cross-section and time-series of stock returns: 1951 to 2011," Journal of Empirical Finance, Elsevier, vol. 20(C), pages 130-146.
    6. Alshater, Muneer M. & Alqaralleh, Huthaifa & El Khoury, Rim, 2023. "Dynamic asymmetric connectedness in technological sectors," The Journal of Economic Asymmetries, Elsevier, vol. 27(C).
    7. Afees A. Salisu & Riza Demirer & Rangan Gupta, 2023. "Technological Shocks and Stock Market Volatility Over a Century: A GARCH-MIDAS Approach," Working Papers 202308, University of Pretoria, Department of Economics.
    8. Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Narayan, Seema, 2018. "Technology-investing countries and stock return predictability," Emerging Markets Review, Elsevier, vol. 36(C), pages 159-179.
    9. Sharma, Susan Sunila & Narayan, Paresh Kumar, 2022. "Technology shocks and stock returns: A long-term perspective," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 67-83.
    10. Ronald J. Balvers & Li Gu & Dayong Huang, 2017. "Profitability, Value, and Stock Returns in Production‐Based Asset Pricing without Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(7), pages 1621-1651, October.
    11. Galicia-Sanguino, Lucía & Rojo-Suárez, Javier & Alonso-Conde, Ana B. & López-Pérez, M. Victoria, 2021. "Trade integration and research and development investment as a proxy for idiosyncratic risk in the cross-section of stock returns," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).

  29. Hsu, Po-Hsuan, 2009. "Technological innovations and aggregate risk premiums," Journal of Financial Economics, Elsevier, vol. 94(2), pages 264-279, November.

    Cited by:

    1. Xiaoji Lin, 2009. "Endogenous Technological Progress and the Cross Section of Stock Returns," FMG Discussion Papers dp634, Financial Markets Group.
    2. Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Thuraisamy, Kannan & Westerlund, Joakim, 2016. "Price discovery and asset pricing," Pacific-Basin Finance Journal, Elsevier, vol. 40(PA), pages 224-235.
    3. Li, Hao-Ching & Lee, Wen-Chieh & Ko, Bo-Ting, 2016. "What determines misallocation in innovation? A study of regional innovation in China," MPRA Paper 77998, University Library of Munich, Germany, revised 03 Dec 2016.
    4. Ho, Chun-Yu & Huang, Shaoqing & Shi, Hao & Wu, Jun, 2018. "Financial deepening and innovation: The role of political institutions," World Development, Elsevier, vol. 109(C), pages 1-13.
    5. David Hirshleifer & Po-Hsuan Hsu & Dongmei Li, 2017. "Innovative Originality, Profitability, and Stock Returns," NBER Working Papers 23432, National Bureau of Economic Research, Inc.
    6. Hou, Qingsong & Hu, May & Yuan, Yuan, 2017. "Corporate innovation and political connections in Chinese listed firms," Pacific-Basin Finance Journal, Elsevier, vol. 46(PA), pages 158-176.
    7. Qiu, Jiaping & Wan, Chi, 2015. "Technology spillovers and corporate cash holdings," Journal of Financial Economics, Elsevier, vol. 115(3), pages 558-573.
    8. Francis, Bill B. & Kim, Incheol & Wang, Bin & Zhang, Zhengyi, 2018. "Labor law and innovation revisited," Journal of Banking & Finance, Elsevier, vol. 94(C), pages 1-15.
    9. M. D. Beneish & C. R. Harvey & A. Tseng & P. Vorst, 2022. "Unpatented innovation and merger synergies," Review of Accounting Studies, Springer, vol. 27(2), pages 706-744, June.
    10. Zhang, Yeqing & Zhang, Xueyong, 2020. "Patent growth and the long-run performance of VC-backed IPOs," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 33-47.
    11. Narayan, Paresh Kumar, 2019. "Can stale oil price news predict stock returns?," Energy Economics, Elsevier, vol. 83(C), pages 430-444.
    12. Narayan, Paresh Kumar, 2018. "Profitability of technology-investing Islamic and non-Islamic stock markets," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 70-81.
    13. Narayan, Paresh Kumar & Narayan, Seema & Phan, Dinh Hoang Bach, 2022. "Terrorism and international stock returns," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 76(C).
    14. Chen, Sheng-Syan & Kao, Wei-Chuan & Wang, Yanzhi, 2021. "Tax policy and innovation performance: Evidence from enactment of the alternative simplified credit," Journal of Banking & Finance, Elsevier, vol. 125(C).
    15. Efdal Ulas Misirli, 2018. "Productivity Risk and Industry Momentum," Financial Management, Financial Management Association International, vol. 47(3), pages 739-774, September.
    16. Nathan Mauck & Stephen W. Pruitt, 2016. "The valuation of patents using third-party data: the Ocean Tomo 300 Patent Index," Applied Economics, Taylor & Francis Journals, vol. 48(42), pages 3995-3998, September.
    17. Kong, Dongmin & Zhang, Bohui & Zhang, Jian, 2022. "Higher education and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 72(C).
    18. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.
    19. Chen, Sheng-Syan & Chen, Yan-Shing & Liang, Woan-lih & Wang, Yanzhi, 2020. "Public R&D spending and cross-sectional stock returns," Research Policy, Elsevier, vol. 49(1).
    20. Hegde, Shantaram P. & Mishra, Dev R., 2023. "Patented knowledge capital and implied equity risk premium," Journal of Banking & Finance, Elsevier, vol. 148(C).
    21. Huang, Yi-Hou & Liang, Woan-lih & Truong, Quang-Thai & Wang, Yanzhi, 2022. "No new tricks for old dogs? Old directors and innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    22. Maria Ana Vitorino, 2014. "Understanding the Effect of Advertising on Stock Returns and Firm Value: Theory and Evidence from a Structural Model," Management Science, INFORMS, vol. 60(1), pages 227-245, January.
    23. Konan Chan & Mei‐Xuan Li & Chu‐Bin Lin & Yanzhi Wang, 2022. "Organization capital effect in stock returns—The role of R&D," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(7-8), pages 1237-1263, July.
    24. Grammig, Joachim & Jank, Stephan, 2013. "Creative destruction and asset prices," University of Tübingen Working Papers in Business and Economics 61, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
    25. Liu, Duan & Qiu, Qi & Chen, Shou, 2023. "Timeliness of technological innovation and decisions of IPO timing and pricing," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 498-519.
    26. Bereskin, Fred & Hsu, Po-Hsuan & Latham, William & Wang, Huijun, 2023. "So Sue Me! The cross section of stock returns related to patent infringement allegations," Journal of Banking & Finance, Elsevier, vol. 148(C).
    27. Hirshleifer, David & Hsu, Po-Hsuan & Li, Dongmei, 2013. "Innovative efficiency and stock returns," Journal of Financial Economics, Elsevier, vol. 107(3), pages 632-654.
    28. Hyunbae Chun & Jung-Wook Kim & Randall Morck, 2016. "Productivity growth and stock returns: firm- and aggregate-level analyses," Applied Economics, Taylor & Francis Journals, vol. 48(38), pages 3644-3664, August.
    29. Narayan, Paresh Kumar & Narayan, Seema & Tran, Vuong Thao, 2023. "Patent-related intellectual property and corporate investment," Finance Research Letters, Elsevier, vol. 52(C).
    30. Roger C. Mayer & Richard S. Warr & Jing Zhao, 2018. "Do Pro‐Diversity Policies Improve Corporate Innovation?," Financial Management, Financial Management Association International, vol. 47(3), pages 617-650, September.
    31. Ying Wang & Jing Zhao, 2015. "Hedge Funds and Corporate Innovation," Financial Management, Financial Management Association International, vol. 44(2), pages 353-385, June.
    32. Zaman, Rashid & Atawnah, Nader & Haseeb, Muhammad & Nadeem, Muhammad & Irfan, Saadia, 2021. "Does corporate eco-innovation affect stock price crash risk?," The British Accounting Review, Elsevier, vol. 53(5).
    33. Sheng-Syan Chen & Chia-Wei Huang & Chuan-Yang Hwang & Yanzhi Wang, 2022. "Voluntary disclosure and corporate innovation," Review of Quantitative Finance and Accounting, Springer, vol. 58(3), pages 1081-1115, April.
    34. Denise A. Jones, 2018. "Using real options theory to explain patterns in the valuation of research and development expenditures," Review of Quantitative Finance and Accounting, Springer, vol. 51(3), pages 575-593, October.
    35. Afees A. Salisu & Riza Demirer & Rangan Gupta, 2023. "Technological Shocks and Stock Market Volatility Over a Century: A GARCH-MIDAS Approach," Working Papers 202308, University of Pretoria, Department of Economics.
    36. Gu, Lifeng, 2016. "Product market competition, R&D investment, and stock returns," Journal of Financial Economics, Elsevier, vol. 119(2), pages 441-455.
    37. Golab, Anna & Bannigidadmath, Deepa & Pham, Thach Ngoc & Thuraisamy, Kannan, 2022. "Economic policy uncertainty and industry return predictability – Evidence from the UK," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 433-447.
    38. Ziyang Li & Qianwei Ying & Wu Yan & Chenjun Fan, 2022. "Does just‐in‐time adoption have an impact on corporate innovation: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 1599-1635, April.
    39. Lu Jolly Zhou & Mehdi Sadeghi, 2021. "The long‐run role of innovation in the IPO market: inhibition or promotion?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(2), pages 3735-3779, June.
    40. Tongurai, Jittima & Vithessonthi, Chaiporn, 2022. "Learning, foreign operations and operating performance," Global Finance Journal, Elsevier, vol. 52(C).
    41. Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Narayan, Seema, 2018. "Technology-investing countries and stock return predictability," Emerging Markets Review, Elsevier, vol. 36(C), pages 159-179.
    42. Maio, Paulo & Philip, Dennis, 2015. "Macro variables and the components of stock returns," Journal of Empirical Finance, Elsevier, vol. 33(C), pages 287-308.
    43. Phan, Dinh Hoang Bach & Sharma, Susan Sunila & Tran, Vuong Thao, 2018. "Can economic policy uncertainty predict stock returns? Global evidence," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 55(C), pages 134-150.
    44. Li, Xiaogang, 2020. "Innovation, market valuations, policy uncertainty and trade: Theory and evidence," ISU General Staff Papers 202001010800009179, Iowa State University, Department of Economics.
    45. Belo, Frederico & Yu, Jianfeng, 2013. "Government investment and the stock market," Journal of Monetary Economics, Elsevier, vol. 60(3), pages 325-339.
    46. Belo, Frederico & Lin, Xiaoji & Vitorino, Maria Ana, 2013. "Brand Capital and Firm Value," Working Paper Series 2013-04, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    47. Chang, Hsiu-yun & Liang, Woan-lih & Wang, Yanzhi, 2019. "Do institutional investors still encourage patent-based innovation after the tech bubble period?," Journal of Empirical Finance, Elsevier, vol. 51(C), pages 149-164.
    48. Salisu, Afees A. & Isah, Kazeem & Oloko, Tirimisiyu O., 2024. "Technology shocks and crude oil market connection: The role of climate change," Energy Economics, Elsevier, vol. 130(C).
    49. Sharma, Susan Sunila & Narayan, Paresh Kumar, 2022. "Technology shocks and stock returns: A long-term perspective," Journal of Empirical Finance, Elsevier, vol. 68(C), pages 67-83.
    50. Nicolae Gârleanu & Stavros Panageas & Jianfeng Yu, 2012. "Technological Growth and Asset Pricing," Journal of Finance, American Finance Association, vol. 67(4), pages 1265-1292, August.
    51. Yan Chen & Yingying Xin & Zhengying Luo & Min Han, 2021. "The Impact of Stable Customer Relationships on Enterprises’ Technological Innovation Based on the Mediating Effect of the Competitive Advantage of Enterprises," Sustainability, MDPI, vol. 13(7), pages 1-24, March.
    52. Chandranath Amarasekara & Bernard Njindan Iyke & Paresh Kumar Narayan, 2022. "The role of R&D and economic policy uncertainty in Sri Lanka’s economic growth," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-19, December.
    53. Ronald J. Balvers & Li Gu & Dayong Huang, 2017. "Profitability, Value, and Stock Returns in Production‐Based Asset Pricing without Frictions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(7), pages 1621-1651, October.
    54. Po‐Hsuan Hsu & Huijun Wang & Wei Yang, 2022. "General Purpose Technologies as Systematic Risk in Global Stock Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1141-1173, August.
    55. Galicia-Sanguino, Lucía & Rojo-Suárez, Javier & Alonso-Conde, Ana B. & López-Pérez, M. Victoria, 2021. "Trade integration and research and development investment as a proxy for idiosyncratic risk in the cross-section of stock returns," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    56. Ang, Tze Chuan ‘Chewie’ & Lam, F.Y. Eric C. & Wei, K.C. John, 2020. "Mispricing firm-level productivity," Journal of Empirical Finance, Elsevier, vol. 58(C), pages 139-163.
    57. Frederico Belo & Xiaoji Lin & Maria Ana Vitorino, 2013. "Online Appendix to "Brand Capital and Firm Value"," Online Appendices 12-71, Review of Economic Dynamics.
    58. Xiaoji Lin & Frederico Belo & Maria Ana Vitorino, 2011. "Advertising, Brand Capital and Asset Returns," 2011 Meeting Papers 462, Society for Economic Dynamics.
    59. Po-Hsuan Hsu & Hsiao-Hui Lee & Tong Zhou, 2022. "Patent Thickets, Stock Returns, and Conditional CAPM," Management Science, INFORMS, vol. 68(11), pages 8343-8367, November.
    60. Hsu, Hung-Chia Scott, 2013. "Technology timing of IPOs and venture capital incubation," Journal of Corporate Finance, Elsevier, vol. 19(C), pages 36-55.
    61. Hwa-Sung Kim, 2023. "Effects of ambiguity on innovation strategies," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-27, December.
    62. Anil Nair & Orhun Guldiken & Stav Fainshmidt & Amir Pezeshkan, 2015. "Innovation in India: A review of past research and future directions," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 925-958, December.
    63. Yu, Gun Jea & Hong, KiHoon, 2016. "Patents and R&D expenditure in explaining stock price movements," Finance Research Letters, Elsevier, vol. 19(C), pages 197-203.
    64. Adcock, Christopher & Hua, Xiuping & Mazouz, Khelifa & Yin, Shuxing, 2014. "Does the stock market reward innovation? European stock index reaction to negative news during the global financial crisis," Journal of International Money and Finance, Elsevier, vol. 49(PB), pages 470-491.
    65. Narayan, Paresh Kumar & Bannigidadmath, Deepa, 2017. "Does Financial News Predict Stock Returns? New Evidence from Islamic and Non-Islamic Stocks," Pacific-Basin Finance Journal, Elsevier, vol. 42(C), pages 24-45.

  30. Po-Hsuan Hsu & Chung-Ming Kuan, 2005. "Reexamining the Profitability of Technical Analysis with Data Snooping Checks," Journal of Financial Econometrics, Oxford University Press, vol. 3(4), pages 606-628.

    Cited by:

    1. Amélie Charles & Olivier Darné & Jae H. Kim, 2022. "Stock return predictability: Evaluation based on interval forecasts," Bulletin of Economic Research, Wiley Blackwell, vol. 74(2), pages 363-385, April.
    2. Coakley, Jerry & Marzano, Michele & Nankervis, John, 2016. "How profitable are FX technical trading rules?," International Review of Financial Analysis, Elsevier, vol. 45(C), pages 273-282.
    3. Wang, Shan & Jiang, Zhi-Qiang & Li, Sai-Ping & Zhou, Wei-Xing, 2015. "Testing the performance of technical trading rules in the Chinese markets based on superior predictive test," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 439(C), pages 114-123.
    4. Bajgrowicz, Pierre & Scaillet, Olivier, 2012. "Technical trading revisited: False discoveries, persistence tests, and transaction costs," Journal of Financial Economics, Elsevier, vol. 106(3), pages 473-491.
    5. Hassanniakalager, Arman & Sermpinis, Georgios & Stasinakis, Charalampos, 2021. "Trading the foreign exchange market with technical analysis and Bayesian Statistics," Journal of Empirical Finance, Elsevier, vol. 63(C), pages 230-251.
    6. Chiang, Mi-Hsiu & Chiu, Hsin-Yu & Kuo, Wei-Yu, 2021. "Predictive ability of similarity-based futures trading strategies," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    7. Bekiros, Stelios D., 2015. "Heuristic learning in intraday trading under uncertainty," Journal of Empirical Finance, Elsevier, vol. 30(C), pages 34-49.
    8. Taylor, Mark & Hsu, Po-Hsuan & Wang, Zigan, 2020. "The Out-of-Sample Performance of Carry Trades," CEPR Discussion Papers 15052, C.E.P.R. Discussion Papers.
    9. Siroos Khademalomoom & Paresh Kumar Narayan & Susan Sunila Sharma, 2019. "Higher Moments and Exchange Rate Behavior," The Financial Review, Eastern Finance Association, vol. 54(1), pages 201-229, February.
    10. Lu, Tsung-Hsun, 2014. "The profitability of candlestick charting in the Taiwan stock market," Pacific-Basin Finance Journal, Elsevier, vol. 26(C), pages 65-78.
    11. Hsu, Po-Hsuan & Han, Qiheng & Wu, Wensheng & Cao, Zhiguang, 2018. "Asset allocation strategies, data snooping, and the 1 / N rule," Journal of Banking & Finance, Elsevier, vol. 97(C), pages 257-269.
    12. Jurdi, Doureige & Kim, Jae, 2019. "Predicting the U.S. Stock Market Return: Evidence from the Improved Augmented Regression Method," MPRA Paper 94028, University Library of Munich, Germany.
    13. Zarrabi, Nima & Snaith, Stuart & Coakley, Jerry, 2017. "FX technical trading rules can be profitable sometimes!," International Review of Financial Analysis, Elsevier, vol. 49(C), pages 113-127.
    14. Amélie Charles & Olivier Darné & Jae H. Kim, 2010. "Exchange-Rate Return Predictability and the Adaptive Markets Hypothesis: Evidence from Major Foreign Exchange Rates," Working Papers hal-00547722, HAL.
    15. Vlad Pavlov & Stan Hurn, 2009. "Testing the Profitability of Technical Analysis as a Portfolio Selection Strategy," NCER Working Paper Series 52, National Centre for Econometric Research.
    16. Yafeng Qin & Guoyao Pan & Min Bai, 2020. "Improving market timing of time series momentum in the Chinese stock market," Applied Economics, Taylor & Francis Journals, vol. 52(43), pages 4711-4725, September.
    17. Stelios Bekiros & Dimitris Georgoutsos, 2008. "Non-linear dynamics in financial asset returns: the predictive power of the CBOE volatility index," The European Journal of Finance, Taylor & Francis Journals, vol. 14(5), pages 397-408.
    18. Nikolai Dokuchaev, 2007. "Mean-Reverting Market Model: Speculative Opportunities and Non-Arbitrage," Applied Mathematical Finance, Taylor & Francis Journals, vol. 14(4), pages 319-337.
    19. Hung, Chiayu & Lai, Hung-Neng, 2022. "Information asymmetry and the profitability of technical analysis," Journal of Banking & Finance, Elsevier, vol. 134(C).
    20. Chuang, O-Chia & Chuang, Hui-Ching & Wang, Zixuan & Xu, Jin, 2024. "Profitability of technical trading rules in the Chinese stock market," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
    21. Amélie Charles & Olivier Darné & Jae H Kim, 2017. "Adaptive markets hypothesis for Islamic stock indices: Evidence from Dow Jones size and sector-indices," Post-Print hal-01579718, HAL.
    22. Kuang, P. & Schröder, M. & Wang, Q., 2014. "Illusory profitability of technical analysis in emerging foreign exchange markets," International Journal of Forecasting, Elsevier, vol. 30(2), pages 192-205.
    23. A. Olasolo & M. A. Pérez & V. Ruiz, 2016. "Active investment strategies in the Spanish futures market: a solution to avoid data snooping bias," Applied Economics Letters, Taylor & Francis Journals, vol. 23(9), pages 609-613, June.
    24. Shynkevich, Andrei, 2012. "Short-term predictability of equity returns along two style dimensions," Journal of Empirical Finance, Elsevier, vol. 19(5), pages 675-685.
    25. Fong, Tom Pak Wing & Wu, Shui Tang, 2020. "Predictability in sovereign bond returns using technical trading rules: Do developed and emerging markets differ?," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    26. Kevin Rink, 2023. "The predictive ability of technical trading rules: an empirical analysis of developed and emerging equity markets," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 37(4), pages 403-456, December.
    27. Tsung-Hsun Lu & Yung-Ming Shiu, 2016. "Can 1-day candlestick patterns be profitable on the 30 component stocks of the DJIA?," Applied Economics, Taylor & Francis Journals, vol. 48(35), pages 3345-3354, July.
    28. Taylor, Mark & Hsu, Po-Hsuan, 2014. "Forty Years, Thirty Currencies and 21,000 Trading Rules: A Large-scale, Data-Snooping Robust Analysis of Technical Trading in t," CEPR Discussion Papers 10018, C.E.P.R. Discussion Papers.
    29. Qingwei Wang, 2010. "Sentiment, Convergence of Opinion, and Market Crash," Working Papers 10012, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    30. Shynkevich, Andrei, 2012. "Performance of technical analysis in growth and small cap segments of the US equity market," Journal of Banking & Finance, Elsevier, vol. 36(1), pages 193-208.
    31. Shynkevich, Andrei, 2016. "Predictability in bond returns using technical trading rules," Journal of Banking & Finance, Elsevier, vol. 70(C), pages 55-69.
    32. Paskalis Glabadanidis, 2014. "The Market Timing Power of Moving Averages: Evidence from US REITs and REIT Indexes," International Review of Finance, International Review of Finance Ltd., vol. 14(2), pages 161-202, June.
    33. Hubert Dichtl, 2020. "Investing in the S&P 500 index: Can anything beat the buy‐and‐hold strategy?," Review of Financial Economics, John Wiley & Sons, vol. 38(2), pages 352-378, April.
    34. Dushmanta Kumar Padhi & Neelamadhab Padhy & Akash Kumar Bhoi & Jana Shafi & Muhammad Fazal Ijaz, 2021. "A Fusion Framework for Forecasting Financial Market Direction Using Enhanced Ensemble Models and Technical Indicators," Mathematics, MDPI, vol. 9(21), pages 1-31, October.
    35. Dichtl, Hubert & Drobetz, Wolfgang & Neuhierl, Andreas & Wendt, Viktoria-Sophie, 2021. "Data snooping in equity premium prediction," International Journal of Forecasting, Elsevier, vol. 37(1), pages 72-94.
    36. Bekiros, Stelios D., 2013. "Irrational fads, short-term memory emulation, and asset predictability," Review of Financial Economics, Elsevier, vol. 22(4), pages 213-219.
    37. S. D. Bekiros & D. A. Georgoutsos, 2008. "Direction-of-change forecasting using a volatility-based recurrent neural network," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 27(5), pages 407-417.
    38. Menkhoff, Lukas & Taylor, Mark P., 2006. "The Obstinate Passion of Foreign Exchange Professionals : Technical Analysis," The Warwick Economics Research Paper Series (TWERPS) 769, University of Warwick, Department of Economics.
    39. Isakov, Dusan & Marti, Didier, 2011. "Technical Analysis with a Long-Term Perspective: Trading Strategies and Market Timing Ability," FSES Working Papers 421, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    40. Nikolai Dokuchaev, 2015. "Modelling Possibility of Short-Term Forecasting of Market Parameters for Portfolio Selection," Annals of Economics and Finance, Society for AEF, vol. 16(1), pages 143-161, May.
    41. Paskalis Glabadanidis, 2015. "Market Timing With Moving Averages," International Review of Finance, International Review of Finance Ltd., vol. 15(3), pages 387-425, September.
    42. Chen Su & Hanxiong Zhang & Nathan Lael Joseph, 2022. "The performance of UK stock recommendation revisions: Does brokerage house reputation matter?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 3051-3070, July.
    43. Paskalis Glabadanidis, 2017. "Timing the Market with a Combination of Moving Averages," International Review of Finance, International Review of Finance Ltd., vol. 17(3), pages 353-394, September.
    44. Ioana-Andreea Boboc & Mihai-Cristian Dinică, 2013. "An Algorithm for Testing the Efficient Market Hypothesis," PLOS ONE, Public Library of Science, vol. 8(10), pages 1-11, October.
    45. Andrei Shynkevich, 2021. "Impact of bitcoin futures on the informational efficiency of bitcoin spot market," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(1), pages 115-134, January.
    46. Psaradellis, Ioannis & Laws, Jason & Pantelous, Athanasios A. & Sermpinis, Georgios, 2023. "Technical analysis, spread trading, and data snooping control," International Journal of Forecasting, Elsevier, vol. 39(1), pages 178-191.
    47. Hsu, Po-Hsuan & Taylor, Mark P. & Wang, Zigan, 2016. "Technical trading: Is it still beating the foreign exchange market?," Journal of International Economics, Elsevier, vol. 102(C), pages 188-208.
    48. Shuenn-Jyi Sheu & Li-Hsien Sun & Zheng Zhang, 2018. "Portfolio Optimization with Delay Factor Models," Papers 1805.01118, arXiv.org.
    49. Hsu, Po-Hsuan & Hsu, Yu-Chin & Kuan, Chung-Ming, 2010. "Testing the predictive ability of technical analysis using a new stepwise test without data snooping bias," Journal of Empirical Finance, Elsevier, vol. 17(3), pages 471-484, June.
    50. Dan Anghel, 2013. "How Reliable is the Moving Average Crossover Rule for an Investor on the Romanian Stock Market?," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(2), pages 089-115, December.
    51. Nomikos, Nikos K. & Doctor, Kaizad, 2013. "Economic significance of market timing rules in the Forward Freight Agreement markets," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 52(C), pages 77-93.
    52. Qing Zhou & Robert Faff, 2017. "The complementary role of cross-sectional and time-series information in forecasting stock returns," Australian Journal of Management, Australian School of Business, vol. 42(1), pages 113-139, February.
    53. Mihai Cristian Dinică & Erica Cristina (Balea) Dinică, 2015. "Testing the Weak-Form Market Eficiency of the Euronext Wheat," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(55), pages 25-38, March.
    54. Bekiros, Stelios D., 2010. "Heterogeneous trading strategies with adaptive fuzzy Actor-Critic reinforcement learning: A behavioral approach," Journal of Economic Dynamics and Control, Elsevier, vol. 34(6), pages 1153-1170, June.
    55. Chronopoulos, Dimitris K. & Papadimitriou, Fotios I. & Vlastakis, Nikolaos, 2018. "Information demand and stock return predictability," Journal of International Money and Finance, Elsevier, vol. 80(C), pages 59-74.
    56. Jin, Xiaoye, 2021. "What do we know about the popularity of technical analysis in foreign exchange markets? A skewness preference perspective," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 71(C).
    57. Shynkevich, Andrei, 2013. "Time-series momentum as an intra- and inter-industry effect: Implications for market efficiency," Journal of Economics and Business, Elsevier, vol. 69(C), pages 64-85.
    58. Bertrand B. Maillet & Jean-Philippe R. M�decin, 2010. "Extreme Volatilities, Financial Crises and L-moment Estimations of Tail-indexes," Working Papers 2010_10, Department of Economics, University of Venice "Ca' Foscari".
    59. Akbar, Muhammad & Ullah, Ihsan & Ali, Shahid & Rehman, Naser, 2024. "Adaptive market hypothesis: A comparison of Islamic and conventional stock indices," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 460-477.
    60. Ghandar, Adam & Michalewicz, Zbigniew & Zurbruegg, Ralf, 2016. "The relationship between model complexity and forecasting performance for computer intelligence optimization in finance," International Journal of Forecasting, Elsevier, vol. 32(3), pages 598-613.
    61. Dockery, Everton & Todorov, Ivan, 2023. "Further evidence on the returns to technical trading rules: Insights from fourteen currencies," Journal of Multinational Financial Management, Elsevier, vol. 69(C).
    62. Chen, Shi & Bao, Si & Zhou, Yu, 2016. "The predictive power of Japanese candlestick charting in Chinese stock market," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 148-165.
    63. Bekiros, Stelios D., 2010. "Fuzzy adaptive decision-making for boundedly rational traders in speculative stock markets," European Journal of Operational Research, Elsevier, vol. 202(1), pages 285-293, April.
    64. Yang, Junmin & Cao, Zhiguang & Han, Qiheng & Wang, Qiyu, 2019. "Tactical asset allocation on technical trading rules and data snooping," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
    65. Martin Scholtus & Dick van Dijk, 2012. "High-Frequency Technical Trading: The Importance of Speed," Tinbergen Institute Discussion Papers 12-018/4, Tinbergen Institute.

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