What is it about?
Equity incentives promotes innovation and controlling holding interesting serves as supportive moderator yet financial constraints serves as competing moderator.
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Why is it important?
By test the ownership structure and financial constraints as moderators, we clarify the follow-up effect of equity incentives (as in ownership concentration) and further explore the impact of financial constraints on innovation.
Perspectives
It has been a great pleasure to write this topic as it is still more unified conclusions regarding the influence on innovation activities.
Yun Sun
Beijing Normal University at Zhuhai
Read the Original
This page is a summary of: Stakeholder interest to mitigate the agency problem in enterprise innovation and the moderating effect of ownership concentration and financial constraints, Creativity and Innovation Management, September 2022, Wiley,
DOI: 10.1111/caim.12521.
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