Table 1.
Summary statistics.
Table 2.
Vesting periods and exploratory innovation strategy intensity: Cross-sectional results.
Table 3.
Vesting periods and exploratory innovation strategy intensity: Time-series results.
Table 4.
Instrumental variable approach.
Table 5.
Propensity matching score approach.
Table 6.
Differences in the effects of vesting periods on exploratory innovation intensity: Firm size.
Table 7.
Differences in the effects of vesting periods on exploratory innovation intensity: Financial crisis.
Table 8.
Summary statistics of innovation output.
Table 9.
Equity incentive and innovation output: All sample firms.
Table 10.
Equity incentive and innovation output: Firms with vesting periods longer than three years.
Table 11.
Equity incentive and firm value.