Public governance, corporate governance, and firm innovation: An examination of state-owned enterprises

• Main Authors: JIA, Nan, HUANG, Kenneth G., ZHANG, Cyndi Man
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Corporate governance; public governance; innovation; quality of government; state-owned enterprises (SOEs); Business Law, Public Responsibility, and Ethics; Strategic Management Policy; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6549; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7548/viewcontent/amj.2016.0543.pdf
• Institution: Singapore Management University

We examine how corporate and public governance shape an important type moral hazard in innovation which is that agents pursuing the quantity of innovation at the expense of the novelty. We theorize that both better corporate governance tools that regulate agents (including better alignment of agents...