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Corporate governance and innovation

In: A Research Agenda for Entrepreneurship and Innovation

Author

Listed:
  • Hezun Li
  • Timurs Uman
  • Siri Terjesen

Abstract

Corporate governance of entrepreneurial firms comprises mechanisms through which directors, shareholders, entrepreneurs, and top management teams are involved with start-ups. On the basis of a literature review, we identify three interrelated themes frequently discussed by previous empirical studies: (1) the role of key stakeholders (e.g. directors, venture capitalists, and entrepreneurs), (2) governance process (e.g. social networking and strategic decision making), and (3) outcomes of corporate governance (innovation, growth, and internationalization). We augment previous studies’ investigations of various stakeholders’ roles in corporate governance, by examining the relationships and interactions among various stakeholders or groups of stakeholders, especially between boards and top management teams. We conclude by proposing how future research can explore the effect of interactions between board of directors and top management teams on organizational outcomes.

Suggested Citation

  • Hezun Li & Timurs Uman & Siri Terjesen, 2019. "Corporate governance and innovation," Chapters, in: David B. Audretsch & Erik E. Lehmann & Albert N. Link (ed.), A Research Agenda for Entrepreneurship and Innovation, chapter 9, pages 134-154, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18157_9
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    Citations

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    Cited by:

    1. Chenhao Gong & Alina Badulescu, 2025. "Management Motivation, Ethical Responsibility or Social Pressure: How Top Managers Improve Green Behaviors Through Behavioral Strategic Control?," Sustainability, MDPI, vol. 17(7), pages 1-30, April.
    2. Sameer Al Johani & Adnan Atm, 2022. "Revisiting the Relationship between Corporate Governance and Firm performance: Evidence from British Manufacturing Firms," Acta Universitatis Bohemiae Meridionalis, University of South Bohemia in Ceske Budejovice, Faculty of Economics, vol. 25(1), pages 7-32.
    3. Emmanuel Anyigbah & Yusheng Kong & Bless Kofi Edziah & Ahotovi Thomas Ahoto & Wilhelmina Seyome Ahiaku, 2023. "Board Characteristics and Corporate Sustainability Reporting: Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 15(4), pages 1-26, February.
    4. Thong, Lik Hong, 2019. "A discussion on performance risk of Dunkin's Brand," MPRA Paper 97266, University Library of Munich, Germany, revised 30 Nov 2019.
    5. repec:rfh:jprjor:v:9:y:2023:i:2:p:452-458 is not listed on IDEAS
    6. Ahmad Yuosef Alodat & Yunhong Hao, 2025. "Environmental, social and governance (ESG) disclosure and firm performance: Moderating role of board gender diversity and sustainability committee," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(1), pages 636-651, February.
    7. Archana Saxena & Rajesh Singh & Anita Gehlot & Shaik Vaseem Akram & Bhekisipho Twala & Aman Singh & Elisabeth Caro Montero & Neeraj Priyadarshi, 2022. "Technologies Empowered Environmental, Social, and Governance (ESG): An Industry 4.0 Landscape," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
    8. Mutee Ur Rahman & Faisal Abbas, 2025. "Exploring bank diversification and performance: evidence from South Asia," Future Business Journal, Springer, vol. 11(1), pages 1-15, December.
    9. repec:rfh:jprjor:v:8:y:2022:i:3:p:59-70 is not listed on IDEAS
    10. Dongshu Jiang & ZhiXing Ni & Yuxiu Chen & Xue Chen & Chaohong Na, 2022. "Influence of Financial Shared Services on the Corporate Debt Cost under Digitalization," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
    11. Quang Linh Huynh & Mohammad Enamul Hoque & Perengki Susanto & Waqas Ahmad Watto & Maryam Ashraf, 2022. "Does Financial Leverage Mediates Corporate Governance and Firm Performance?," Sustainability, MDPI, vol. 14(20), pages 1-20, October.

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