The Us Stock Market and the Governance of Innovative Enterprise
By William Lazonick. 2007
145 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/b31df5ea8627a63c1fd731e40f1ad1c03f45529a
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Ruth V. Aguilera
- Gregory Jackson
- Mariana Mazzucato
- Stéphanie Lavigne
- Mustafa Erdem Sakinç
- Olivier Brossard
- William Lazonick
- Igor Filatotchev
In Economics and Econometrics
- Mariana Mazzucato
- Gregory Jackson
- Stéphanie Lavigne
- Mustafa Erdem Sakinç
- Olivier Brossard
- Ruth V. Aguilera
- William Lazonick
- G. Semieniuk
Citations in the corpus
- The Entrepreneurial State: Debunking Public vs. Private Sector Myths (2015, unknown): “In addition to all of the conditions outlined by the ODA, Lazonick and Tulum (2011) draw attention to the fact that multiple versions of the same drug can be designated as ‘orphan’.”
- Corporate Governance and Innovation: A Survey (2012, unknown): “Lazonick (2007) argues that the stock market can influence corporate innovation in a variety of ways.”
- Financing innovation: creative destruction vs. destructive creation (2013, background): “1, such spending has occurred at the expense of innovation (Lazonick, 2007; FINNOV, 2010).”
- The risk-reward nexus in the innovation-inequality relationship: who takes the risks? Who gets the rewards? (2013, background): “Hence, the need, so the argument goes, for business corporations to “maximize shareholder value” to encourage risk-taking and the possibility of superior performance of the economy as a whole (Lazonick, 2007 and Lazonick, 2013b).”
- Ownership structures and R&D in Europe: the good institutional investors, the bad and ugly impatient shareholders (2013, background): “In practice, O’Sullivan (2000) and Lazonick (2007) show that the ideology of shareholder value has lead companies to use their free cash-flow to repurchase stocks or distribute dividends whereas they could have used profits for innovative investments.”
- Comparative and International Corporate Governance (2010, background): “Others have developed a wider theory of innovative enterprise, stressing how corporate governance may or may not support the strategic, organizational, and financial perquisites of innovation (Lazonick, 2007 ; O’Sullivan, 2000c ).”