Digital finance, green technological innovation and energy-environmental performance: Evidence from China's regional economies

S Cao, L Nie, H Sun, W Sun… - Journal of Cleaner …, 2021 - Elsevier
Conventional finance has many deficiencies in promoting green technology innovation (GTI)
and energy-environmental performance (EEP). The emerging digital finance is filling the …

Do financing constraints matter for R&D?

JR Brown, G Martinsson, BC Petersen - European Economic Review, 2012 - Elsevier
Information problems and lack of collateral value should make R&D more susceptible to
financing frictions than other investments, yet existing evidence on whether financing …

Innovative capability and financing constraints for innovation: more money, more innovation?

H Hottenrott, B Peters - Review of Economics and Statistics, 2012 - direct.mit.edu
This study presents a novel empirical approach to identify financing constraints for
innovation based on the concept of an ideal test (Hall, 2008). Firms were offered a …

To what extent do financing constraints affect Chinese firms' innovation activities?

A Guariglia, P Liu - International Review of Financial Analysis, 2014 - Elsevier
We investigate the extent to which financing constraints affect the innovation activities of
over 120,000 mainly unlisted Chinese firms over the period 2000–2007. Based on a variety …

Stock pledge, risk of losing control and corporate innovation

C Pang, Y Wang - Journal of Corporate Finance, 2020 - Elsevier
This paper investigates the effects of stock pledge by controlling shareholder on corporate's
future innovation productivity and the mechanism through which stock pledge affects …

Firms' debt–equity decisions when the static tradeoff theory and the pecking order theory disagree

A De Jong, M Verbeek, P Verwijmeren - Journal of Banking & Finance, 2011 - Elsevier
This paper tests the static tradeoff theory against the pecking order theory. We focus on an
important difference in prediction: the static tradeoff theory argues that a firm increases …

Financing constraints and investments in R&D: Evidence from Indian manufacturing firms

S Sasidharan, PJJ Lukose, S Komera - The quarterly review of economics …, 2015 - Elsevier
This study examines the extent to which financing constraints affect the research and
development (R&D) expenditure of Indian manufacturing firms during the period 1991 …

R&D sensitivity to asset sale proceeds: New evidence on financing constraints and intangible investment

G Borisova, JR Brown - Journal of Banking & Finance, 2013 - Elsevier
We examine the intersection between corporate divestitures of tangible assets and
investment in intangible capital (R&D) to provide new tests for the impact financing …

Whom do high-growth firms hire?

A Coad, SO Daunfeldt, D Johansson… - Industrial and …, 2014 - academic.oup.com
We study employment and new hires among high-growth firms (HGFs) in the Swedish
knowledge-intensive sectors 1999–2002. Using matched employer–employee data, we find …

Institutional framework, corporate ownership structure, and R&D investment: an international analysis

FJ Lopez Iturriaga, EJ López‐Millán - R&D Management, 2017 - Wiley Online Library
We combine agency theory with the law and finance approach to analyze how the legal
protection of investors and the corporate ownership structure affect corporate investment in …