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