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Cross-ownership and Corporate Innovation

Wenlu Zhang
pp.334-337 DOI: 10.62051/1pce8327 October 10, 2024
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Abstract: This article takes Chinese A-share listed companies from 2014 to 2022 as the research sample, and uses a multiple regression model to empirically test the relationship between cross-ownership and corporate innovation efficiency. Research has found that: (1) cross-ownership can improve the innovation efficiency of enterprises. (2) when the internal control quality of the enterprise is high and the legal system environment is good, the promoting effect of Cross-ownership on the innovation efficiency of the enterprise is more significant.
Keywords: cross-ownership; innovation efficiency; internal control; legal system environment.
APA Citation: Wenlu Zhang (2024). Cross-ownership and Corporate Innovation. Transactions on Economics, Business and Management Research, 10(1), 334-337. https://doi.org/10.62051/1pce8327

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