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DTSTAMP:20260527T235119Z
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DTSTART;TZID=Europe/Dublin:20260402T130000
DTEND;TZID=Europe/Dublin:20260402T140000
CLASS:PUBLIC
CREATED:20260325T140734
DESCRIPTION: Seminar Title: Legal Protection of Civic Liberties and Corpora
 te Innovation \n\n Abstract: This paper shows that stronger protections fo
 r free speech causally increase firm-level innovation. I exploit the stagg
 ered adoption of state anti–strategic lawsuit against public participati
 on (anti-SLAPP) statutes in the United States as plausibly exogenous shock
 s to free-speech protection. Firms headquartered in adopting states experi
 ence a statistically and economically significant increase in patent appli
 cations and new product announcements\, relative to firms in non-adopting 
 states. The effects are stronger for firms with higher asset intangibility
  and environmental risk. Market values of these firms increase even though
  the average market value of affected companies falls. The increase in inn
 ovation leads to a decline in industry dispersion in innovation efficiency
 . These results provide microfoundations for the effect of free speech on 
 innovation. \n\n Bio: Swarnodeep Homroy is a Professor of Finance at South
 ampton Business School and University of Groningen (NL). His research inte
 rests focus on Corporate Finance - strategy\, disclosures\, and compliance
  - and their interaction with political economy\, labor markets\, and clim
 ate systems. His work has attracted third-party funding and has been publi
 shed in journals including Journal of Financial and Quantitative Analysis\
 , Management Science\, Research Policy\, Journal of Corporate Finance\, an
 d Review of Corporate Finance Studies. He is an editor for Corporate Gover
 nance: An International Review and serves on the board of directors for no
 nprofit organizations. \n
LAST-MODIFIED:20260402T152110
LOCATION:Zoom
ORGANIZER:mailto:TBS.Research@tcd.ie
SUMMARY:Research Seminar: Professor Swarnodeep Homroy
URL;VALUE=URI:https://ti.to/trinity-business-school/research-seminar-swarno
 deep-homroy
URL;VALUE=URI:https://ti.to/trinity-business-school/research-seminar-swarno
 deep-homroy
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