Three essays on corporate finance
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Authors
Yilmaz, Gokhan
Issue Date
2014-08
Type
Electronic thesis
Thesis
Thesis
Language
ENG
Keywords
Management
Alternative Title
Abstract
The third essay examines the relationship between managerial ability and firm innovation in terms of quantity, quality and efficiency. In today's corporate framework where decisions are made by the top management team, we expect managerial ability to play a key role among a wide array of factors that determine the innovative success. We find positive and significant link between managerial ability and innovation after controlling for a large set of relevant variables. Our findings contribute to the literature on managers and their importance for firm performance. We also contribute to the innovation literature by identifying an important driver of firm innovation. Particularly, we show that managerial ability plays a key role in technological advancement.
Description
August 2014
School of Management
School of Management
Full Citation
Publisher
Rensselaer Polytechnic Institute, Troy, NY