Waseda Organizational and Financial Economics Seminar:
“Innovation Diffusion in Network of Corporate Boards” (April 17)
講演者 / Speaker
Re-Jin Jennifer Guo( Professor, Department of Finance, University of Illinois, USA )
日 時 / Date & Time
Monday, 17 April 2017, 13:00 – 14:30
会 場 / Venue
Rm. 1109 on the 11th floor, Building #11, Waseda University
主 旨 / Outline
“Innovation Diffusion in Network of Corporate Boards”
Using a large panel data of corporate directors of S&P 1500 firms over the period of 1996 to 2010, we report that innovative firms with large patent portfolios are more central in the network of corporate boards. Directors serving on central boards and innovative firms are more likely to receive higher compensation and be hired as directors for other firms.
We find that firms with increased centrality from adding directors inside the network are more likely to improve subsequent innovation capability.
Overall, our results are consistent with the hypothesis that diffusion of information on innovation activities via shared director(s) can be a major driving force of the formation and dynamics of the network of corporate boards.
プログラム / Schedule
13:00 Opening Remarks (Hideaki Miyajima (Waseda University))
13:05 Presentation
14:05 Question-and-answer session
14:25 Concluding Remarks(Hideaki Miyajima (Waseda University))
対 象 / Prospected Audience
Faculty and staff members of a university, grad students, the general publics
主 催 / Organizer
Research Institute of Business Administration,Waseda University
Waseda Institute for Advanced Study,Waseda University
申込み / Registration
Free of charge. Please come to the event venue directly.