Does corporate innovation strategy influence stock price crash risk? French market evidence
Innovation is nowadays a primary key success factor and among the most important capacities to maintain competitive advantage in a fast-changing world. In their recent paper, Boubaker, Guizani, and Lakhal examine the effect of firm innovation on stock price crash risk. Using a sample of French publicly-traded firms covering 2007–2016, they find that innovative firms are more likely to […]