Abstract

This paper selects a sample of China's A-share listed companies from 2012 to 2022 to study the impact of non-state shareholders' assigned directors' governance on innovation activities and performance. It is found that assigned directors from non-state shareholders can effectively promote innovative R&D inputs and outputs of state-owned enterprises (SOEs) and that political affiliation can positively regulate the overall impact of assigned directors from non-state shareholders on the improvement of the innovation level of SOEs.

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