Zobrazeno 1 - 10
of 16
pro vyhledávání: '"David Wehrheim"'
Publikováno v:
Management Science.
We examine how asymmetric information in financial markets affects voluntary research and development (R&D) disclosure, considering scientific publications as a disclosure channel. Difference-in-differences regressions around brokerage house mergers
Autor:
Neus Palomeras, David Wehrheim
Publikováno v:
Strategic Management Journal. 42:144-169
Research Summary In this paper, we suggest that staffing decisions in R&D alliances can reduce the inherent tension between value creation and value protection faced by participating firms. By considering R&D workers a primary source of knowledge lea
Publikováno v:
SSRN Electronic Journal.
This paper analyzes whether institutional ownership affects the rate and nature of corporate innovation. We explicitly consider the heterogeneity of firm innovation by differentiating upstream scientific research from downstream development using nov
Publikováno v:
SSRN Electronic Journal.
This study examines how the ownership structure of corporations shapes their responses to technological change. We predict that mixed ownership, a situation in which, following privatization, the shares of a company are partly privately held and part
Autor:
David Wehrheim, Emre Ekinci
Publikováno v:
SSRN Electronic Journal.
This paper explores, both theoretically and empirically, how firing costs affect worker productivity and turnover. We develop a model in which workers are essential to knowledge transfer between firms and worker effort is firm-specific in the sense t
Publikováno v:
SSRN Electronic Journal.
While innovation disclosure is essential for cumulative knowledge production and economic growth, evidence on firm incentives to disclose innovation outcomes is lacking. We examine the role of financial markets in firms’ decisions to disseminate sc
Publikováno v:
Academy of Management Proceedings. 2021:15403
Autor:
Iván Blanco, David Wehrheim
Publikováno v:
Journal of Financial Economics. 125:99-119
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options tradin
Publikováno v:
Journal of Corporate Finance. 64:101626
This study examines how the ownership structure of corporations shapes their responses to discontinuous technological change. We analyze whether mixed ownership, a situation where following privatization a company's shares are held both privately and