دانلود رایگان مقاله لاتین مالکیت نهایی و عملکرد آینده از سایت الزویر
عنوان فارسی مقاله:
هزینه های تحقیق و توسعه، مالکیت نهایی و عملکرد آینده: شواهد از چین
عنوان انگلیسی مقاله:
R&D expenditures, ultimate ownership and future performance: Evidence from China
سال انتشار : 2017
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بخشی از مقاله انگلیسی:
2. Theoretical background and hypotheses
Although there are some empirical studies on the relationship between R&D expenditures and firms' value, very little is known about the role of ownership structure in the relationship between R&D expenditures and firms' future performance. China is a good setting in which firms are generally characterized by diverse types of ultimate ownership, providing a laboratory to explore the moderating effect of ownership structure on firms' future operating performance generated from R&D expenditures. 2.1. R&D expenditures and firms' future performance R&D activities are becoming increasingly important in sustaining firms' competitive advantage. Prior studies pay more attention to the value relevance of R&D expenditures. Because the future benefit derived from R&D investment is uncertain, however, the empirical studies have produced inconsistent findings (Eberhart, Maxwell, & Siddique, 2004; Kothari, Laguerre, & Leone, 2002; Lev & Sougiannis, 1996; Pandit, Wasley, & Zach, 2011). Although there has been a debate on whether R&D expenditures contribute to firms' future performance, we argue that R&D expenditures can enhance firm performance by reducing production cost and launching new products, which are essential for firms to survive, especially when faced with fierce competition. R&D activities will not only generate new knowledge and widen the scope of firms' knowledge base but also improve firms' capability to absorb and integrate existing knowledge, both of which will enhance firms' long-term performance (Cohen & Levinthal, 1989). Based on the above analysis, we hypothesize: Hypothesis 1. R&D expenditures are positively associated with firms' future operating performance.
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کلمات کلیدی:
R&D Expenditures, Ultimate Ownership and Future Performance ... https://www.researchgate.net/.../276892807_RD_Expenditures_Ultimate_Ownership_an... "R&D Expenditures, Ultimate Ownership and Future Performance: Evidence from China" on ResearchGate, the professional network for scientists. Advances in Computer Science and Education https://books.google.com/books?isbn=3642279457 Anne Xie, Xiong Huang - 2012 - Computers ... gap, and a correlation between enterprise performance with state-owned share and the ... Internal Salary Gap's Impact to the Future Performance of Organization. ... of Ultimate Ownership, Ownership Structure and Enterprise Performance. A New Paradigm for International Business: Proceedings of the ... https://books.google.com/books?isbn=9812874992 Hadrian Geri Djajadikerta, Zhaoyong Zhang - 2015 - Business & Economics ... future performance from meeting earnings benchmarks. Thesis, University of Colorado Haw IM, HuB, Hwang LS, Wu W (2004) Ultimate ownership, income ... THORSTEIN VEBLEN Ultimate Collection: 8 Books & 50+ Business Essays ... https://books.google.com/books?isbn=8026850068 Thorstein Veblen - 2016 - Political Science ... interstitial relations adjusted, takes the form of contracts for future performance. ... the working relations between businesses that are not under one ownership, ... Challenges for China's Development: An Enterprise Perspective https://books.google.com/books?isbn=1134295790 David Brown, Alasdair MacBean - 2005 - Business & Economics Concluding remarks Based on the principle of the ultimate ownership and control ... featured by gradualist transition, would be a fascinating agenda for future research. ... the impact of shareholding classes on performance to varying degrees. Ultimate Performance Management: Training to Transform Performance ... https://books.google.com/books?isbn=1562865439 Linda Russell, Jeffrey Russell - 2009 - Business & Economics Training to Transform Performance Reviews Into Performance Partnerships ... the workshop into their future Performance Coaching Conversations and Annual ... This next workshop takes steps to build employee ownership of performance ... Study on ownership and exclusive rights of fisheries' means of ... https://ec.europa.eu › European Commission › EASME The outcomes of this study will be used in future evaluations and impact assessments. ... a) documenting the ultimate ownership of fishing vessels, quota and ...
