Financial Dependence and Innovation: The Case of Public Versus Private Firms
By V. Acharya, Zhaoxia Xu. 2017
537 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/a2947b394cdfe60a2ffa4cef2cce28c2f0d3cdfd
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Iftekhar Hasan
- Miguel A. Ferreira
- Qiang Wu
- Pedro Matos
- P. Pires
- Chun Keung Hoi
- Hao Zhang
- Frederick Bereskin
Citations in the corpus
- The Real Effects of Real Earnings Management: Evidence from Innovation (2018, background): “This behavior may be myopic with detrimental long-run effects, in that it can lead managers to underinvest in R&D in order to boost reported performance (Baber et al. 1991; Dechow and Sloan 1991; Bushee 1998; Acharya and Xu 2017).”
- Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership (2017, background): “However, Acharya and Xu (2015) find that public listing is beneficial to the innovation of firms in industries that are more dependent on external finance.”
- Stock Market Listing and the Use of Trade Credit: Evidence from Public and Private Firms (2017, background): “also facilitate R&D spending and innovation among firms that are more dependent on external finance (Acharya and Xu, 2017).”
- Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S (2020, background): “5 For evidence of equity financing for corporate innovation, see Brown, Fazzari and Petersen (2009) and Acharya and Xu (2017). For evidence of debt financing for corporate innovation, see Amore, Schneider, and Zaldokas (2013), Chava, Oettl, Subramanian, and Subramanian (2013), and Nanda and Nicholas”
- Does China's carbon emissions trading policy improve the technology innovation of relevant enterprises? (2019, background): “Finally, to some extent, the profitability of enterprises may affect the innovation investment; thus, this paper uses the return on assets to control the profitability of enterprises (Acharya & Xu, 2017; Amore, Schneider, & Zaldokas, 2013; Choi, Lee, & Williams, 2011).”