Impact of transaction-oriented financial assets on firm innovation in China: effects of liquid reserve and risk mitigation

Abstract This study examines the impact of transaction-oriented financial assets on firm innovation using data from non-financial listed firms in China’s A-share market from 2008–2019. These findings suggest that transaction-oriented financial assets promote innovation. Specifically, such an allocat...

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Bibliographic Details
Main Authors: Wenjing Yu, Qilin Zhan, Waqar Ameer, Xiaohui Zeng
Format: Article
Language:English
Published: Springer Nature 2025-01-01
Series:Humanities & Social Sciences Communications
Online Access:https://doi.org/10.1057/s41599-025-04411-z
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