Do innovative firms communicate more? Evidence from the relation between patenting and management guidance
Successful innovations could induce more disclosure if the information asymmetry between the firm and its investors about post-innovation outcomes leads investors to demand more information. However, such innovations also likely entail greater proprietary cost concerns, which deter disclosure. This...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2021
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1885 https://ink.library.smu.edu.sg/context/soa_research/article/2912/viewcontent/Do_Innovative_Firms_Communicate_More_av_2021.pdf |
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Institution: | Singapore Management University |
Language: | English |