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- W2023759939 abstract "This study examines the relationship between ownership structures in large European companies and their innovative activity in terms of R&D spending. The analysis is performed on a sample of 324 large innovative companies over 8 years. Contrary to the view that institutional investors can have a negative influence on R&D spending, we report a positive impact of these investors. Our study also tests the impact of “impatient” institutional investors and provides evidence of their negative influence on R&D spending." @default.
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- W2023759939 date "2013-07-05" @default.
- W2023759939 modified "2023-10-18" @default.
- W2023759939 title "Ownership structures and R&D in Europe: the good institutional investors, the bad and ugly impatient shareholders" @default.
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- W2023759939 doi "https://doi.org/10.1093/icc/dtt018" @default.
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