Financial distress prediction has been a popular topic over the decades. Most studies have
used accounting features from financial statements to predict financial distress. Compared to …

Carbon emissions have been identified as a major cause of global warming and are harmful
to the environment. Given the seriousness of climate changes, businesses are encouraged …

In this paper, we investigate the impact of innovative efficiency on a firm's market valuation
based on a sample of Chinese listed firms. We find that innovative efficiency prominently …

Exploiting two novel measures of innovation efficiency and takeover vulnerability, we
explore the effect of the takeover market on corporate innovation. Our results reveal that a …

We examine employee responses to CEO activism, the increasingly common practice of
CEOs taking public stances on socio-political issues. CEO activism may bolster employees' …

Corporate innovation is an important driver of a firm's value and long‐term growth. It is the
outcome of the creation and/or recreation of new and existing knowledge as well as …

This study integrates the attention-based view with Edith Penrose's theory of growth to
examine how the interplay between managerial attention and newly created technological …

Personalized medicine is an integral part of a pharmaceutical firm's product offerings.
However, the implications of product personalization on shareholder wealth, with both …

The quiet life hypothesis argues that, when managers are insulated from the discipline of the
takeover market, they tend to be less ambitious, avoiding risky and complex investments that …

Capitalizing on a unique measure of takeover vulnerability, we examine how the takeover
market, which is widely regarded as a crucial instrument of external governance, influences …