{"id":"https://openalex.org/W3211913433","doi":"https://doi.org/10.1108/ijmf-08-2021-0381","title":"Corporate governance and innovation investment in publicly listed firms: the moderating effect of ownership type and legal jurisdiction","display_name":"Corporate governance and innovation investment in publicly listed firms: the moderating effect of ownership type and legal jurisdiction","publication_year":2021,"publication_date":"2021-11-25","ids":{"openalex":"https://openalex.org/W3211913433","doi":"https://doi.org/10.1108/ijmf-08-2021-0381","mag":"3211913433"},"language":"en","primary_location":{"id":"doi:10.1108/ijmf-08-2021-0381","doi":"https://doi.org/10.1108/ijmf-08-2021-0381","is_oa":false,"landing_page_url":"https://doi.org/10.1108/ijmf-08-2021-0381","pdf_url":null,"source":{"id":"https://openalex.org/S79989894","display_name":"International Journal of Managerial Finance","issn_l":"1743-9132","issn":["1743-9132","1758-6569"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Managerial Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5089719027","display_name":"Ella Guangxin Xu","orcid":"https://orcid.org/0000-0002-6422-4746","observed_orcids":["https://orcid.org/0000-0002-6422-4746"]},"institutions":[{"id":"https://openalex.org/I177877127","display_name":"The University of Western Australia","ror":"https://ror.org/047272k79","country_code":"AU","type":"education","lineage":["https://openalex.org/I177877127"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Ella Guangxin Xu","raw_affiliation_strings":["Department of Accounting and Finance, UWA Business School, The University of Western Australia, Perth, Australia"],"raw_orcid":"https://orcid.org/0000-0002-6422-4746","affiliations":[{"raw_affiliation_string":"Department of Accounting and Finance, UWA Business School, The University of Western Australia, Perth, Australia","institution_ids":["https://openalex.org/I177877127"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5087253964","display_name":"Chris Graves","orcid":"https://orcid.org/0000-0003-2456-1702","observed_orcids":["https://orcid.org/0000-0003-2456-1702"]},"institutions":[{"id":"https://openalex.org/I5681781","display_name":"The University of Adelaide","ror":"https://ror.org/00892tw58","country_code":"AU","type":"education","lineage":["https://openalex.org/I4405259444","https://openalex.org/I5681781"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Chris Graves","raw_affiliation_strings":["Adelaide Business School, The University of Adelaide, Adelaide, Australia","University of Adelaide"],"raw_orcid":"https://orcid.org/0000-0003-2456-1702","affiliations":[{"raw_affiliation_string":"Adelaide Business School, The University of Adelaide, Adelaide, Australia","institution_ids":["https://openalex.org/I5681781"]},{"raw_affiliation_string":"University of Adelaide","institution_ids":["https://openalex.org/I5681781"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5088599693","display_name":"Yuan George Shan","orcid":"https://orcid.org/0000-0002-5157-312X","observed_orcids":["https://orcid.org/0000-0002-5157-312X"]},"institutions":[{"id":"https://openalex.org/I177877127","display_name":"The University of Western Australia","ror":"https://ror.org/047272k79","country_code":"AU","type":"education","lineage":["https://openalex.org/I177877127"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Yuan George Shan","raw_affiliation_strings":["Department of Accounting and Finance, UWA Business School, The University of Western Australia, Perth, Australia"],"raw_orcid":"https://orcid.org/0000-0002-5157-312X","affiliations":[{"raw_affiliation_string":"Department of Accounting and Finance, UWA Business School, The University of Western Australia, Perth, Australia","institution_ids":["https://openalex.org/I177877127"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5087345671","display_name":"Joey Wenling Yang","orcid":"https://orcid.org/0000-0001-7655-0568","observed_orcids":["https://orcid.org/0000-0001-7655-0568"]},"institutions":[{"id":"https://openalex.org/I177877127","display_name":"The University of Western Australia","ror":"https://ror.org/047272k79","country_code":"AU","type":"education","lineage":["https://openalex.org/I177877127"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Joey W. Yang","raw_affiliation_strings":["Department of Accounting and Finance, UWA Business School, The University of Western Australia, Perth, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting and Finance, UWA Business School, The University of Western Australia, Perth, Australia","institution_ids":["https://openalex.org/I177877127"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.3924,"has_fulltext":false,"cited_by_count":11,"citation_normalized_percentile":{"value":0.8401782,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"19","issue":"1","first_page":"1","last_page":"21"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9047999978065491,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9047999978065491,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11843","display_name":"Family Business Performance and Succession","score":0.08730000257492065,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.0031999999191612005,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":1.0},{"id":"https://openalex.org/keywords/innovation-investment","display_name":"innovation investment","score":0.9990000128746033},{"id":"https://openalex.org/keywords/family-business","display_name":"family business","score":0.753000020980835},{"id":"https://openalex.org/keywords/ownership-type","display_name":"ownership type","score":0.8870000243186951},{"id":"https://openalex.org/keywords/jurisdiction","display_name":"jurisdiction","score":0.9179999828338623},{"id":"https://openalex.org/keywords/civil-law-vs-common-law","display_name":"civil law vs common law","score":0.7789999842643738},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.8709999918937683},{"id":"https://openalex.org/keywords/family-control","display_name":"family control","score":0.6460000276565552},{"id":"https://openalex.org/keywords/moderating-effect","display_name":"moderating effect","score":0.7120000123977661}],"concepts":[{"id":"https://openalex.org/C2776949292","wikidata":"https://www.wikidata.org/wiki/Q471855","display_name":"Jurisdiction","level":2,"score":0.7680052518844604},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.7320237159729004},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6085254549980164},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6045808792114258},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.5971495509147644},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.561479926109314},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5456207394599915},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.28759098052978516},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.16383948922157288},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C11012388","wikidata":"https://www.wikidata.org/wiki/Q170658","display_name":"Creativity","level":2,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1108/ijmf-08-2021-0381","doi":"https://doi.org/10.1108/ijmf-08-2021-0381","is_oa":false,"landing_page_url":"https://doi.org/10.1108/ijmf-08-2021-0381","pdf_url":null,"source":{"id":"https://openalex.org/S79989894","display_name":"International Journal of Managerial Finance","issn_l":"1743-9132","issn":["1743-9132","1758-6569"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Managerial Finance","raw_type":"journal-article"},{"id":"pmh:oai:alma.61MUN_INST:11166767740007891","doi":null,"is_oa":false,"landing_page_url":"https://researchportal.murdoch.edu.au/esploro/outputs/journalArticle/Corporate-governance-and-innovation-investment-in/991005695370007891","pdf_url":null,"source":{"id":"https://openalex.org/S4306400274","display_name":"Murdoch University Research Portal","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I176790772","host_organization_name":"Murdoch University","host_organization_lineage":["https://openalex.org/I176790772"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"},{"id":"pmh:oai:RePEc:eme:ijmf00:ijmf-08-2021-0381","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/IJMF-08-2021-0381.html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:eme:ijmfpp:ijmf-08-2021-0381","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/IJMF-08-2021-0381/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:pure.atira.dk:publications/cb031b90-6819-4f2e-b187-80e30162949d","doi":null,"is_oa":false,"landing_page_url":"https://www.scopus.com/pages/publications/85120674408","pdf_url":null,"source":{"id":"https://openalex.org/S4306402492","display_name":"UWA Profiles and Research Repository (UWA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I177877127","host_organization_name":"The University of Western Australia","host_organization_lineage":["https://openalex.org/I177877127"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Xu, E G, Graves, C, Shan, Y G & Yang, J W 2023, 'Corporate governance and innovation investment in publicly listed firms: the moderating effect of ownership type and legal jurisdiction', International Journal of Managerial Finance, vol. 19, no. 1, pp. 1-21. https://doi.org/10.1108/IJMF-08-2021-0381","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions","score":0.8046000003814697}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":49,"referenced_works":["https://openalex.org/W75413311","https://openalex.org/W1435450741","https://openalex.org/W1517764315","https://openalex.org/W1533574070","https://openalex.org/W1920287578","https://openalex.org/W1953911860","https://openalex.org/W1969519191","https://openalex.org/W1974137778","https://openalex.org/W1984536024","https://openalex.org/W1994034555","https://openalex.org/W1995132546","https://openalex.org/W2009334757","https://openalex.org/W2010867166","https://openalex.org/W2013685159","https://openalex.org/W2022133254","https://openalex.org/W2024983754","https://openalex.org/W2036364591","https://openalex.org/W2038503519","https://openalex.org/W2052806549","https://openalex.org/W2062190617","https://openalex.org/W2063614605","https://openalex.org/W2104261926","https://openalex.org/W2104908005","https://openalex.org/W2129188456","https://openalex.org/W2133469585","https://openalex.org/W2139122730","https://openalex.org/W2146843086","https://openalex.org/W2150291618","https://openalex.org/W2161516369","https://openalex.org/W2168416773","https://openalex.org/W2193484790","https://openalex.org/W2216086842","https://openalex.org/W2468388646","https://openalex.org/W2752617332","https://openalex.org/W2887290376","https://openalex.org/W2944847255","https://openalex.org/W2947669221","https://openalex.org/W2960396762","https://openalex.org/W2986295311","https://openalex.org/W3002774155","https://openalex.org/W3011865677","https://openalex.org/W3084282147","https://openalex.org/W3086177943","https://openalex.org/W3103448658","https://openalex.org/W3121403774","https://openalex.org/W3122859634","https://openalex.org/W3124866554","https://openalex.org/W3125956930","https://openalex.org/W3126115628"],"related_works":["https://openalex.org/W6926891029","https://openalex.org/W4300097999","https://openalex.org/W4283270547","https://openalex.org/W3092616482","https://openalex.org/W3208409023","https://openalex.org/W4200071373","https://openalex.org/W3015781424","https://openalex.org/W7055847646","https://openalex.org/W3129615310","https://openalex.org/W7011346987"],"abstract_inverted_index":{"Purpose":[0],"The":[1,24,52,90,127,149],"paper":[2],"aims":[3],"to":[4,50,60,77],"examine":[5,78],"the":[6,40,62,79,131,136],"effect":[7,132],"of":[8,17,33,58,65,82,133,138],"corporate":[9],"governance":[10,141],"(CG)":[11],"on":[12,30,146,159],"innovation":[13,98,147,160],"investment,":[14],"with":[15,45],"consideration":[16],"ownership":[18,84],"types":[19],"and":[20,86,113,143,166],"legal":[21,87,167],"jurisdictions.":[22],"Design/methodology/approach":[23],"authors'":[25,91],"empirical":[26],"analysis":[27],"is":[28,75,103,114],"based":[29],"a":[31,55],"sample":[32],"publicly":[34],"listed":[35],"family":[36,164],"businesses":[37,111],"(FBs)":[38],"from":[39,48],"top-500-list":[41],"that":[42,94,153],"matched":[43],"worldwide":[44],"non-family":[46,110],"counterparts":[47],"2009":[49],"2018.":[51],"study":[53,128,150],"uses":[54],"holistic":[56],"measure":[57,74],"CG":[59,67,95,155],"mitigate":[61],"conflicting":[63],"impact":[64],"individual":[66,140],"components":[68],"found":[69],"in":[70,106,109,117,122],"prior":[71],"studies.":[72],"This":[73,100],"applied":[76],"moderating":[80],"role":[81],"firm":[83],"type":[85],"jurisdiction.":[88,168],"Findings":[89],"results":[92],"demonstrate":[93],"positively":[96],"influences":[97],"investment.":[99,148],"positive":[101],"relationship":[102],"more":[104,115],"pronounced":[105],"FBs":[107],"than":[108,121],"(NFBs)":[112],"prevalent":[116],"civil":[118],"law":[119,124],"economies":[120],"common":[123],"economies.":[125],"Originality/value":[126],"holistically":[129],"examines":[130],"CG,":[134],"capturing":[135],"combination":[137],"all":[139],"mechanisms":[142],"their":[144],"influence":[145],"further":[151],"shows":[152],"comprehensive":[154],"has":[156],"diverse":[157],"impacts":[158],"investment":[161],"when":[162],"considering":[163],"control":[165]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-11-22T00:00:00"}
