... involvement, influence post-IPO payout decisions and the choice between dividends and share repurchases. We further analyze the implications of payout initiation for firms' innovation activity and long-term stock performance. Design/methodology/approach Using a sample of 2,003 US IPOs from 2000 to 2020...

... with shareholder interests and weaker among firms facing financial constraints. We also find that real option intensity, organizational capital and innovation play mediating roles in this relationship. Research limitations/implications The measure of ambidexterity depends on a specific machine learning...

... supported by multiple robustness tests. Secondly, a smooth cash dividend policy enhances total factor productivity by addressing financial constraints and fostering innovation. Lastly, the impact of cash dividend smoothing on total factor productivity is more prominent in firms characterized by low dividend...

... information, see Haunschild and Beckman (1998) . 12 11 2024 07 04 2025 28 04 2025 27 05 2025 © Emerald Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only Corporate boards Product differentiation Innovation Corporate competitive...

...Blake Rayfield; Omer Unsal Purpose This study aims to explore the impact of employee litigation on the innovation output of firms, specifically within the pharmaceutical sector, by examining the relationship between employee lawsuits and Food and Drug Administration (FDA) product approvals...

...Huson Ali Ahmed; Mohammad Badrul Muttakin; Arifur Khan Purpose The study examines the association between firm-level political risk and corporate innovation and also this study explores how financial constraint and growth level of a firm influence this association. Design/methodology/approach...

... a positive relationship between bond illiquidity and firms’ risk taking, specifically a one standard deviation increase in Amihud illiquidity measure is associated with nearly 20 percent increase in exploratory investments compared to CAPEX. The shift in risk taking in turn increases firms’ innovation output...

... This article originally appeared in Volume 8 Number 2, 2012, International Journal of Managerial Finance "Ownership structure, earnings management and acquiring firm post-merger market performance: evidence from Canada" Business formation Commercialization Innovation New ventures...

...George W. Blazenko; Andrey D. Pavlov; Freda Eddy‐Sumeke Purpose The purpose of this paper is to compare investment in innovation (e.g. R&D) between new venture start‐ups before commercialization and operating businesses after commercialization. Design/methodology/approach Real options...

... these two variables. This paper aims to fill this gap. In addition, the technological innovations hypothesis of hot issue markets is tested. Welch and Hoffmann‐Burchardi suggest that the clustering of new issues is caused by IPO volume spikes in industries that have recently experienced technological...