Keywords: Two-step system GMM
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Journal Articles
Journal of Business Strategy (2026) 47 (1): 16–37.
Published: 24 November 2025
...) not detected; instrument count well below the number of groups]. Table 4 Tobin’s Q and R&D committees: two-step system GMM models with board age interaction (2010–2018) Tobin’s Q (1) (2) (3) (4) Age  0.024 (0.046) −0.003 (0.020) 0.021 (0.030) 0.003 (0.014...

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