Firms have inefficiently low incentives to innovate when other firms benefit from their
inventions and the innovating firm therefore does not capture the full surplus of its …

This paper contributes to the ongoing debate about whether and how institutional common
ownership (ICO) affects firm behavior. Using a sample of equity real estate investment trusts …

End-of-day stock price manipulation is generally associated with short-termism, long-term
damage to equity values, and reduced incentives for employees to innovate. We use a …

This paper examines the effect of network centrality, a measure of the extent and strength of
a firm's connections formed by institutional investor cross-ownership (IICO), on corporate …

Using a sample of Chinese A-share listed companies from 2007 to 2018, this article
explores the influence of common owners on corporate social responsibility (CSR). The …

The tightening of climate policies may cause technologies based on fossil fuels to lose value
compared to" green" technologies. For firms with significant fossil-based knowledge, this …

Due to the government-driven mergers of large banks, many competing firms in Japan
ended up borrowing from a common lender. Using firm-level data, we find that the capital …

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My doctoral studies focus on empirically analyzing the factors that influence public and
private firms' growth and efficiency strategies, with a particular focus on understanding the …

Common ownership and corporate innovation strategy Page 1 Corporate Ownership & Control
/ Volume 21, Issue 1, 2024 82 COMMON OWNERSHIP AND CORPORATE INNOVATION …