Effect of Liquidity, Credit, and Solvency Risk on Corporate Innovation: Empirical Evidence from Emerging Economies & Developed Countries

被引：1

作者：

Isran, Manzoor Ali ^{[1
]}

Hussain, Anwar ^{[2
]}

Aslam, Hafiz M. Shahid Irfan ^{[2
]}

Bahoo, Salman ^{[3
]}

机构：

[1] Shaheed Zulfikar Ali Bhutto Inst Sci & Technol, Dept Management Sci, Karachi, Pakistan

[2] Univ Lahore, Lahore Business Sch, Lahore, Pakistan

[3] Islamia Univ Bahawalpur, Dept Commerce, Bahawalpur, Pakistan

来源：

ESTUDIOS DE ECONOMIA APLICADA | 2021年 / 39卷 / 02期

关键词：

Liquidity Risk; Credit Risk; Solvency Risk; Corporate Innovation; MANAGEMENT; MODEL; DEPENDENCE; LESSONS; EQUITY;

D O I：

10.25115/eea.v39i1.3918

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study aims to evaluate the relationship of liquidity risk, credit risk, solvency risk with corporate innovation in five emerging and nine developed countries during the period from 2002-2017. In this regard, we include 1304 firms' data which is collected from Compustat. In addition, two-step system dynamic panel estimation is applied to evaluate the defined relationship. We found that credit risk and solvency risk are basic drivers to enhance the corporate innovation in selected countries. We found that credit risk and solvency risk have significant relationship with corporate innovation. Furthermore, liquidity risk has not found relationship with corporate innovation.

引用

页数：14

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