The innovation effect of dual-class shares: New evidence from US firms

The innovation effect of dual-class shares: New evidence from US firms

The proliferation of dual-class structures in the US stock market presents a controversial trend since such shares are traditionally deemed to damage governance quality. We study the relationship between 362 firms with dual-class shares and their innovativeness using patent citations from Google Pat...

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Bibliographic Details
Main Authors: CAO, Xiaping, LENG, Tiecheng, GOH, Jeremy C., MALATESTA, Paul
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2020
Subjects:
Dual-class
Innovation
Patents
Citations
Corporate governance
Corporate Finance
Technology and Innovation
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/6682
https://ink.library.smu.edu.sg/context/lkcsb_research/article/7681/viewcontent/Innovation_Effect_Dual_Class_2020_av.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/lkcsb_research/6682
https://ink.library.smu.edu.sg/context/lkcsb_research/article/7681/viewcontent/Innovation_Effect_Dual_Class_2020_av.pdf

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