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• W2964183011 abstract "This paper studies the impact of independent directors on corporate innovation activities. Based on patent data of Chinese listed firms during 2006–2017, I find that firms with more independent directors are better able to produce a higher level of innovation output. Consistent with the “career concerns” view, this positive effect is stronger in firms that face intense competition, are not state-owned, and have CEOs with short tenure. Overall, this study highlights the important monitoring role played by independent directors." @default.
• W2964183011 created "2019-07-30" @default.
• W2964183011 creator A5030454329 @default.
• W2964183011 date "2019-11-01" @default.
• W2964183011 modified "2023-09-26" @default.
• W2964183011 title "Independent directors, CEO career concerns, and firm innovation: Evidence from China" @default.
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• W2964183011 doi "https://doi.org/10.1016/j.najef.2019.101037" @default.
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