Category Archives: TEL

Theoretical Economics Letters

Investor Sentiment, Institutional Investors and Corporate Innovation Investment—Evidence with Different Ownership Structure from China

Authors: Haiyan Xue, Xindong Zhang ABSTRACT This paper investigates the relation between investor sentiment and firm innovation investment in China, and explores the intermediary role of institutional investors. We find that the impact of investor sentiment on innovation investment is … Continue reading

Posted in TEL | Leave a comment

Determinants and Consequences of Intellectual Capital Efficiency in the U.S. Banking Industry

Authors: Justin Y. Jin, Wenting Wang ABSTRACT This study investigates the determinants and consequences of intellectual capital efficiency in the U.S. banking industry. We find that banks’ individual institutional memory of bad times reduces their intellectual capital efficiency. We also … Continue reading

Posted in TEL | Leave a comment