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Investment in R&D and Corporate Governance

Research output: Contribution to book/anthology/report/proceedingArticle in proceedingsResearch

The paper investigate the impact of ownership concentration on the likelihood that firms are involved in innovative activities or invest in research and development. We find that more dispersed ownership significantly increase the probability that a firm is engaged in innovation or invest in research and development. Moreover, the effect from ownership concentration is fare more important for the incentive to innovate than the effect from product market concentration.
Original languageEnglish
Title of host publicationIkke angivet
Number of pages11
PublisherDuncker & Humblot
Publication year2001
Pagess. 263-273
Publication statusPublished - 2001
Event3rd Workshop on Corporate Governance in Europe. Berlin. Proceedings. Alfred Haid (ed.) -
Duration: 24 Nov 200026 Nov 2000

Conference

Conference3rd Workshop on Corporate Governance in Europe. Berlin. Proceedings. Alfred Haid (ed.)
Periode24/11/200026/11/2000

    Research areas

  • Corporate Governance, R & D

See relations at Aarhus University Citationformats

ID: 32332887