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Keywords: Two-step system GMM
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Journal Articles
Innovation under the microscope: the financial benefits of board-level R&D oversight
Available to Purchase
Journal:
Journal of Business Strategy
Journal of Business Strategy (2026) 47 (1): 16–37.
Published: 24 November 2025
... is weaker when average director age is higher. Financial performance Board committee structure Two-step system GMM Board-level R&D committees Innovation spending has never been more central to corporate success. The five largest pharmaceutical companies poured more than US $60bn...
