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Judicial protection of intellectual property rights and manipulative behaviors in corporate research and development expenses

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  • Li, Qiong
  • Pei, Jiuzheng

Abstract

This paper explores the relationship between the level of judicial protection of intellectual property rights and the propensity of publicly traded companies to engage in research and development (R&D) manipulation. The data utilized for this study span the years 2011–2020 to show that increasing the intensity of regional judicial protection of IPRs can `effectively reduce the likelihood of corporate R&D manipulation. It is also reduced by the level of judicial protection for intellectual property, primarily through the provision of incentives for high-quality innovations. These findings offer new insights into and principles for inhibiting corporate R&D expenditure manipulations.

Suggested Citation

  • Li, Qiong & Pei, Jiuzheng, 2024. "Judicial protection of intellectual property rights and manipulative behaviors in corporate research and development expenses," Finance Research Letters, Elsevier, vol. 65(C).
    • Handle: RePEc:eee:finlet:v:65:y:2024:i:c:s154461232400641x
    DOI: 10.1016/j.frl.2024.105611
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    References listed on IDEAS

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    1. Nan Wang & Wenxuan Xie & Yalan Huang & Zhenzhong Ma, 2023. "Big Data capability and sustainability oriented innovation: The mediating role of intellectual capital," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5702-5720, December.
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    3. Qader, Ghulam & Junaid, Muhammad & Abbas, Qamar & Mubarik, Muhammad Shujaat, 2022. "Industry 4.0 enables supply chain resilience and supply chain performance," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
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    Cited by:

    1. Wang, Deli & Liu, Xiaoyuan & Hu, Shiyang & Wu, Shangrui, 2025. "The value of digital government transformation: Evidence from R&D subsidy efficiency in China," International Review of Financial Analysis, Elsevier, vol. 102(C).
    2. Wu, WenJun & Liu, Yaofei, 2025. "Path analysis of intellectual property judicial protection: From court establishment to efficiency enhancement," Finance Research Letters, Elsevier, vol. 86(PG).
    3. Zhang, Zhida & Ruan, Peiheng & Wang, Yuetang, 2025. "Does stock market liberalization restrain corporate misconduct: Evidence from research and development manipulation," International Review of Financial Analysis, Elsevier, vol. 106(C).
    4. Hou, Fang & Gao, Wangbo, 2025. "Legal consultation and strategic planning: High-quality legal advisors’ influence on corporate long-term development strategies," Finance Research Letters, Elsevier, vol. 80(C).
    5. Lan, Minghui & Zhang, Guangli & Yan, Wei & Qi, Fen & Qin, Lihua, 2024. "Greening through courts:Environmental law enforcement and corporate green innovation," Economic Analysis and Policy, Elsevier, vol. 83(C), pages 223-242.
    6. Yu, Jungang & Ma, Xiaohua & Niu, Yanmei, 2025. "Judicial efficiency, corporate innovation investment, and financing efficiency," Finance Research Letters, Elsevier, vol. 86(PF).
    7. Lin, Yinghua & Ye, Jingjing, 2024. "The impact of corporate R&D on the transformation of intellectual property into intangible assets," Finance Research Letters, Elsevier, vol. 70(C).
    8. Meng, Yuqun & Lin, Yan & Hong, Lingyi, 2025. "The impact of trade protectionism on export enterprises: Inferences from the China-U.S. trade war," Finance Research Letters, Elsevier, vol. 81(C).

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