Busy Boards, Entrenched Directors and Corporate Innovation

We provide a comprehensive study of how different corporate governance mechanisms influence corporate innovation. Using panel data regression analysis across a sample of more than 13,600 firm-years for firms based in the United States between 1996–2010, we find that entrenched boards, though commonl...

Full description

Bibliographic Details
Main Authors: Brian Bolton, Jing Zhao
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:International Journal of Financial Studies
Subjects:
Online Access:https://www.mdpi.com/2227-7072/10/4/83