The Impact of Controlling Shareholder Equity Pledge on R&D Investment
2019
Based on the perspective of control rights shifting, this paper investigates whether the equity pledge of controlling shareholders will decrease the R&D investment of companies in a sample of 2010-2017 years’ non-financial listed companies with A-share in Shanghai and Shenzhen. The study found that the controlling shareholder equity pledge has negative impact on company R&D investment.
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
12
References
0
Citations
NaN
KQI