English, Article, Journal or magazine article edition: The impact of corporate governance practices on R&D efforts: a look at shareholders’ rights, cross-listing and control pyramid. Stéphane Lhuillery

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/14337
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The impact of corporate governance practices on R&​D efforts: a look at shareholders’ rights, cross-listing and control pyramid.
Author
  • Stéphane Lhuillery
Physical Description
  • preprint
Notes
  • The paper considers the impact of multiple shareholder-oriented governance practices on R&​D decisions. Based on a sample of 5,713 firms belonging to 110 large French listed business groups, our results substantiate the idea that shareholder-oriented governance practices and a lower position in a control pyramid are better for R&​D investment. The introduction of any additional shareholder oriented practice is found to result in more R&​D. We show however that this Anglo-Americanization of the French corporate governance system is only partial. We provide evidence of the co-existence of an old French system of corporate governance with a hybrid model of corporate governance. The lack of concrete results on complementarity among shareholder oriented governance practices casts doubt on the stability of this hybrid model in the French context.
  • Corporate governance, R&​D, innovation, provisions
  • RePEc:cmi:wpaper:cemi-report-2006-006
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment