Essays in corporate finance

• المؤلف الرئيسي: YU, Yiwei
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2016
• الموضوعات: Innovation; patents; Financing capacity; Real estate collateral; Financing constraints; dual-class; market conditions; corporate governance; Sarbanes-Oxley; R&D expenditures; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/etd_coll_all/35; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1019&context=etd_coll_all

Innovation is vital to companies’ competitive advantages and is an important driver of economic growth. However, innovation is costly, since the innovation process is long, idiosyncratic, and uncertain, often involving a very high failure probability and great positive externalities .We thus launch...