Technological innovation is critical to a country's economic development and a firm's long-
term success. This article reviews the recent literature that links institutions and innovation …

This study investigates the impact of firms' heterogeneous exposure to economic policy
uncertainty (EPU exposure) on corporate innovation investment. The results show that, first …

The original intention of the government was to provide financial subsidies to firms by
implementing innovation support policies. In turn, this will encourage these firms to carry out …

One of the most puzzling, stylized facts in modern corporate finance is that many companies
worldwide persistently follow a zero-debt or almost-zero-debt policy. This paper reviews the …

Corporate innovation is an increasingly important topic that has attracted great attention from
academic researchers in financial economics in recent years. Although the top three finance …

Leveraging as a quasi-natural experiment the staggered passage of universal demand laws,
which raise the difficulty of shareholder lawsuits, we examine the effect of shareholder …

This paper investigates the impact of higher education on corporate innovation. To establish
causality, we exploit a policy-induced exogenous shock in the supply of Chinese college …

Data-analytics technology can accelerate the innovation process by enabling existing
knowledge to be identified, accessed, combined, and deployed to address new problem …

We investigate the effect of stock market liberalization on technological innovation. Using a
sample of 20 economies that experience stock market liberalization, we find that these …

This study explores the effects of judicial independence on corporate innovation by
analyzing the staggered establishment of Circuit Courts in China. We find that introducing …