Abstract

This paper takes 2010-2018 Shanghai and Shenzhen A-share state-owned listed companies as a sample, from the perspective of internal governance and external environment, respectively, to study the influencing factors of the company's innovation capability by means of the fixed-effect model. We find that in state-owned enterprises, there is an inverted U-shaped relationship between product market competition and enterprise innovation capabilities and the diversified ownership structure can significantly promote the improvement of corporate innovation capabilities. Further research indicates that the diversified ownership structure has a positive moderating effect on the relationship between product market competition and corporate innovation.

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.