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Editorial

Editorial How can China innovate better? Corporate finance, governance and innovations in China Developing into the stage of new normal, the Chinese Government works on changing the growth pattern from the catching-up into the innovation-driven development strategy. Indeed, innovations are difficult to happen with central planning, but they often work through market activities, which require the major force of innovations to be firms. However, we argue that the foundation of successful corporate innovations requires well- managed corporate finance and solid corporate governance. In these regular issues, we discuss the research progress of corporate finance, governance, decision-makings and innovations with some cases. Surveying about a hundred papers, Lan et al. (2019) suggest that corporate finance has gone through the formative stage, traditional stage, modern stage and the post-modern stages. In the recent period, the relationship between firm’s financial management and national institutions has aroused extensive interests from researchers and becomes the number one issue in this field. On this basis, the authors point out the shortcomings of existing research and opportunities for future research. By reviewing historical development of research in corporate finance, this paper proposes 16 key research topics in China context. Working on corporate studies always demand data. Are http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Nankai Business Review International Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2040-8749
DOI
10.1108/NBRI-11-2019-077
Publisher site
See Article on Publisher Site

Abstract

How can China innovate better? Corporate finance, governance and innovations in China Developing into the stage of new normal, the Chinese Government works on changing the growth pattern from the catching-up into the innovation-driven development strategy. Indeed, innovations are difficult to happen with central planning, but they often work through market activities, which require the major force of innovations to be firms. However, we argue that the foundation of successful corporate innovations requires well- managed corporate finance and solid corporate governance. In these regular issues, we discuss the research progress of corporate finance, governance, decision-makings and innovations with some cases. Surveying about a hundred papers, Lan et al. (2019) suggest that corporate finance has gone through the formative stage, traditional stage, modern stage and the post-modern stages. In the recent period, the relationship between firm’s financial management and national institutions has aroused extensive interests from researchers and becomes the number one issue in this field. On this basis, the authors point out the shortcomings of existing research and opportunities for future research. By reviewing historical development of research in corporate finance, this paper proposes 16 key research topics in China context. Working on corporate studies always demand data. Are

Journal

Nankai Business Review InternationalEmerald Publishing

Published: Nov 4, 2019

References