| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5109874 | Journal of Business Research | 2016 | 10 Pages |
Abstract
Employing data on publicly listed manufacturing firms in India during 2001-2012, the paper examines whether banker-director on firm board influences R&D activities. Evidence indicates that firms with commercial banker-director invest significantly less in R&D, although no such evidence is forthcoming for investment banker-directors. A disaggregation of firms based on the extent of equity and board presence suggests that group-affiliated firms with commercial banker nominees are less likely to engage in innovative activity.
Related Topics
Social Sciences and Humanities
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Authors
Saibal Ghosh,