The impact of COVID-19 on firm innovation: Evidence from Chinese listed companies

被引：46
|
作者：
Jin, Xin [1 ,2 ]
Zhang, Min [1 ,2 ]
Sun, Guanghua [1 ,2 ]
Cui, Lixin [1 ,2 ]
机构：
[1] Cent Univ Finance & Econ, Sch Informat, Beijing, Peoples R China
[2] Cent Univ Finance & Econ, Minist Educ, Engn Res Ctr State Financial Secur, Beijing, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2022年 / 45卷
关键词：
Chinese listed companies; COVID-19; Firm innovation;
D O I：
10.1016/j.frl.2021.102133
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study examines the impact of COVID-19 on firm innovation using the data of Chinese listed companies from January 2020 to October 2020. The results show that at the national level, COVID-19 inhibits firm innovation in China. At the regional level, there are no differences in the impacts of COVID-19 on Hubei province and other regions. At the firm level, compared with nonstate-owned enterprises (NSOEs), COVID-19 has a greater negative effect on the innovation quality of state-owned enterprises (SOEs). Innovation in large companies is more vulnerable to COVID-19 than in small and medium-sized enterprises (SMEs).
引用
收藏
页数：6
相关论文
共 50 条
  • [1] COVID-19 impact on firm investment-Evidence from Chinese publicly listed firms
    Jie, Jiang
    Hou, Jack
    Cangyu, Wang
    HaiYue, Liu
    JOURNAL OF ASIAN ECONOMICS, 2021, 75
  • [2] The Impact of Commercial Credit on Firm Innovation: Evidence from Chinese A-Share Listed Companies
    Liu, Tinghua
    Wang, Jingru
    Rathnayake, Dilesha Nawadali
    Louembe, Pierre Axel
    SUSTAINABILITY, 2022, 14 (03)
  • [3] The impact of leverage on investment and firm value during the COVID-19: Evidence from Chinese listed firms
    Xue, Shuyu
    Luo, Zijing
    Liu, Yuchen
    INTERNATIONAL JOURNAL OF FINANCIAL ENGINEERING, 2024, 11 (03)
  • [4] Celebrity CEOs and firm innovation investment: Evidence from Chinese-listed companies
    Shao, Dong
    Lv, Kangyin
    Zhao, Shukuan
    Wang, Shuang
    FRONTIERS IN PSYCHOLOGY, 2022, 13
  • [5] The impact of shareholding structure on firm investment: Evidence from Chinese listed companies
    Chen, Alex A.
    Cao, Hong
    Zhang, Dayong
    Dickinson, David G.
    PACIFIC-BASIN FINANCE JOURNAL, 2013, 25 : 85 - 100
  • [6] Impact of COVID-19 on family business performance: evidence from listed companies in Germany
    Eckey, Markus
    Memmel, Sebastian
    JOURNAL OF FAMILY BUSINESS MANAGEMENT, 2023, 13 (03) : 780 - 797
  • [7] Covid-19 crisis and corporate cash dividend policies: evidence from Chinese listed companies
    Xu, Xixiong
    Lin, Cuiliang
    Yan, Youliang
    APPLIED ECONOMICS LETTERS, 2023, 30 (02) : 178 - 184
  • [8] Does COVID-19 make the firms' performance worse? Evidence from the Chinese listed companies
    Zhang, Dongyang
    Zheng, Wenping
    ECONOMIC ANALYSIS AND POLICY, 2022, 74 : 560 - 570
  • [9] The Impact of Environmental Uncertainty on Corporate Innovation: Evidence from Chinese Listed Companies
    Deng, Mingjun
    Fang, Xusheng
    Tian, Ziyan
    Luo, Wenbing
    SUSTAINABILITY, 2022, 14 (09)
  • [10] The Impact and Mechanism of the COVID-19 Pandemic on Corporate Financing: Evidence from Listed Companies in China
    Liao, Lianggui
    Wang, Chan
    Wen, Hong-Xing
    Nie, Pu-Yan
    Huang, Ying
    SUSTAINABILITY, 2023, 15 (02)
12345