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A comparison ofownership structuresand innovations of USand Japanese firms Peggy M. Lee2005 год

A comparison of ownership structures and innovations of US and Japanese firms
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Страница публикацииПубликация в OpenAlex
Аннотация: Abstract This study analyzes the impact of ownership structure on innovation in the US and Japan. Agency theory is used to develop links between the distinct patterns of ownership in the US and Japan to differences in innovation. Empirical evidence shows that ownership concentration and the identity of the investors with large ownership positions affects innovation. This relationship differs across the two countries. Copyright © 2005 John Wiley & Sons, Ltd.
Год издания: 2005
Авторы: Peggy M. Lee
Издательство: Wiley
Источник: Managerial and Decision Economics
Ключевые слова: Corporate Finance and Governance, Private Equity and Venture Capital, Corporate Governance and Law