Tag: Firm Innovation and Growth
Large-firm restrictions were linked to mixed financial effects for Korean IT service firms
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in EngineeringWhat the study found The study found that, in the three years after the 2013 restriction on large firms' participation in public informatization projects, Korean small and medium IT service firms had positive total assets and sales but negative operating profit and net profit. The negative effects were reported as more pronounced for medium-sized firms.…
Equity concentration lowered firm value in China’s high-tech manufacturing
Study examines how equity concentration affects firm value in China’s high-tech manufacturing sector during 2019-2023, accounting for COVID-19 pandemic impacts using instrumental variable.
