Managerial liability and corporate innovation: evidence from a legal shock
Despite a longstanding debate over the pros and cons of imposing legal liability on directors and officers (D&Os), there is limited evidence on how D&O liability affects corporate innovation. We study this question by exploiting Nevada's 2001 corporate law change that dramatically lower...
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Main Authors: | Guan, Yuyan, Zhang, Liandong, Zheng, Liu, Zou, Hong |
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Other Authors: | Nanyang Business School |
Format: | Article |
Language: | English |
Published: |
2022
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Subjects: | |
Online Access: | https://hdl.handle.net/10356/157048 |
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Institution: | Nanyang Technological University |
Language: | English |
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