Law, Stock Markets, and Innovation

By James R. Brown, Gustav Martinsson, Bruce C. Petersen. 2013

432 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/43fbeabddb12848fc958cd0e2b00d9cbd78c138f

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Citations in the corpus

The Bright Side of Political Uncertainty: The Case of R&D (2015, methodology): “To test the hypothesis, we follow Brown et al. (2009) and classify firms operating in drugs (283), office equipment and computers (357), communication equipment (366), electronic components (367), scientific instruments (382), medical instruments (384), and software (737) as high-tech firms, where t”
Financial Dependence and Innovation: The Case of Public Versus Private Firms (2017, neutral): “…by the development of financial markets (Amore et al. (2013), Chava et al. (2013), Hsu et al. (2013), Cornaggia et al. (2013)), legal system (Brown et al. (2013)), bankruptcy laws (Acharya and Subramanian (2009)), labor laws (Acharya et al. (2013)), competition (Aghion et al. (2005)),…”
What promotes R&D? Comparative evidence from around the world (2017, background): “Notably, both RZ (1998) and Brown, Martinsson, and Petersen (2013) find that Accounting standards shares a strong positive correlation with country equity market activity, but not with credit market development.”
How Do Foreign Institutional Investors Enhance Firm Innovation? (2017, neutral): “…to innovation are often formed internally according to the country’s culture and institutional environments (e.g., Acharya and Subramanian (2009), Brown, Martinsson, and Petersen (2013), Hsu et al. (2014), Xie, Zhang, and Zhang (2016)).2 In this study, we propose an external solution to…”
Corruption and Corporate Innovation (2019, neutral): “For example, Hsu, Tian, and Xu (2014) find that countries with welldeveloped equity markets tend to have more technological innovation (see also Brown, Martinsson, and Petersen (2013)).”