Board team faultlines and enterprise innovation investment

Ruixue Zhang and Boya Li

Finance Research Letters, 2024, vol. 66, issue C

Abstract: This paper selects the data of China's A-share listed companies from 2012 to 2022 to study the relationship between the board of directors' fault zones and firms' innovation investment. It is found that the larger the board team faultlines is, the more board members can utilize their respective expertise, which has a positive impact on innovation investment; the unity of the duality of the board of directors can enhance the positive impact of the board team faultlines on the innovation investment of the enterprise. Compared with state-owned enterprises, non-state-owned enterprises are more enthusiastic about exerting the board's subjective ability to enhance innovation strategies.

Keywords: Board team faultlines; Innovation investment; Two-position unification (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324006317
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324006317

DOI: 10.1016/j.frl.2024.105601

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().