We rely on a model with incomplete contracts and bargaining power to argue that trade
credit (TC) can serve as a commitment device for making relationship-specific investments …

Interpersonal trust favors the delegation of decisions and tasks within firms, allowing the
expansion of more productive units. We show that this interaction between trust and firm …

This paper utilises the perspective of listed companies to explore the influence of decision‐
making power allocation on labour income share and analyses the possible mechanisms …

This Open Access book provides a detailed account of firms' research and development
(R&D) management practices, and whether and how R&D management practices are …

This study aims to examine the impact of ownership structure (ie family ownership,
government ownership, and foreign ownership) on firm performance, viz. Tobin's Q and …

By tracking more than 3000 manufacturing firms established in 1999 in China over a span of
10 years, we examined whether the status of firm survival differs in China from the so-called …

This study considers a duopoly model in which both a consumer-friendly (CF) firm and a for-
profit (FP) firm undertake cost-reducing R&D investments in an endogenous R&D timing …

This study investigates the impact of decision rights allocation in business groups on
innovation performance. Using a sample of A-share manufacturing listed companies in …

Using an agency model, we show how delegation, by generating additional private
information, improves dynamic incentives under limited commitment. It circumvents ratchet …

Corporate social responsibility (CSR) research has recently begun to focus on the CSR
performance of business groups, with the scope shifting from group members to business …