2Allen F, J Qian, and M Qian, 2005, "Law, Finance, and Economic Growth in China" 77(1), pp. 57-116.
3Asker, J. , J. Farre - Mensa, and A. Ljungqvist, 2011, "Comparing the Investment Behavior of Public and Private Firms", National Bureau of Economic Research, No. w17394.
4Ayyagari M, A Demirgti? -Kunt, and V. Maksimovic, 2010, "Formal Versus Informal Finance: Evidence from China", Review of Financial Studies, 23 ( 8 ), pp. 3048 - 3097.
5Balkin, D. B. , G. D. Markman, and L. R. Gomez - Mejia, 2000, "Is CEO Pay in High - Technology Firms Related To Innovation?", Academy of Management Journal, 43(6) , pp. 1118- 1129.
6Bhagat, S. and I. Welch, 1995, "Corporate Research and Development Investments International Comparisons", Journal of Accounting and Economics, 19(2) , pp. 443 -470.
7Coles, J. L. , N. Daniel, and L. Naveen, 2006, "Managerial Incentives and Risk - Taking", Journal of Financial Economics, 79(2) , pp. 431 -468.
8David, P. , OBrien, J. P. , and Yoshikawa, T. , 2008, "The Implications of Debt Heterogeneity for R&D Investment and Firm Performance", Academy of Management Journal, 51 ( 1 ) , pp. 165 - 181.
9Fang, V. W. , X. Tian, and S. Tice, 2014, "Does Stock Liquidity Enhance or Impede Firm Innovation?", Journal of Finance, 69(5), pp. 2085-2125.
10Gow, L D. , G. Ormazabal, and D. J. Taylor, 2010, "Correcting for Cross -Sectional and Time -Series Dependence in Accounting Research", The Accounting Review, 85(2) , pp. 483 -512.