Abstract

ABSTRACT This paper empirically investigates the relationship between independent directors’ connectedness and corporate innovation in China. We utilize a novel natural experiment initiated by an anti-corruption campaign to find that independent directors’ centrality in the board network has a significant positive effect upon corporate patenting. Further evidence suggests that the influence on corporate innovation is induced by information transmission in the board network.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.