Peer enterprises face similar market environment and development prospects. For the
purpose of economic rationality and avoiding risks, enterprises imitate and learn from peer …

Different from extant literature on peer effects within industries or locations, this study aims to
investigate whether and why the R&D investment of a focal firm is influenced by that of …

In recent years, green innovation has become an important means of achieving sustainable
development, but the impact of peer firms on green innovation is less discussed. To fill this …

Abstract Exploiting the High and New Technology Enterprise (HNTE) certification program in
China, we find a significant increase in firm-specific stock price crash risk for certified firms …

This study examines whether and how a strong corporate culture influences stakeholder
violations. Using a longitudinal sample of monetary penalties imposed on US-listed firms for …

A significant number of papers have found that the behavior and actions of firms are directly
related to their peers and surrounding conditions. However, the spillover effects in low …

The study aims to examine the relationship between R&D spending and firm performance
and to test for the mediator effect of competitive advantage on the relationship between R&D …

Literature on how regional integration within a country affects corporate innovation is limited.
This study proposes a dynamic mechanism for integration of the Yangtze River Delta (YRD) …

Chinese government promotes the synergy of regional innovation and established several
innovation reform zones as innovative investment is critical for the development of a firm and …

Analysing a large firm-level dataset from 47 countries, we document robust and significant
positive peer effects on cash holdings. Specifically, a firm increases cash holdings, on …