The moderating effect of governance form on the relationship between corporate technological entrepreneurship activities and corporate financial performance: An empirical study on Chinese high-tech firms

2008 ◽  
Author(s):  
Xuebing Peng ◽  
Gang Zhang
Keyword(s):  
Empirical Study ◽  
Financial Performance ◽  
Moderating Effect ◽  
High Tech ◽  
Corporate Financial Performance ◽  
Governance Form ◽  
Technological Entrepreneurship ◽  
The Relationship

Can Both Substantive and Symbolic Environmental Management get Paid? - An Empirical Study Based on China Listing Corporation

2013 ◽  
Vol 807-809 ◽  
pp. 760-763 ◽  
Author(s):  
Qian Wen Gou
Keyword(s):  
Environmental Management ◽  
Content Analysis ◽  
Empirical Study ◽  
Financial Performance ◽  
Corporate Financial Performance ◽  
Spearman Correlation ◽  
Corporate Environmental Management ◽  
Social Environmental ◽  
Symbolic Approach ◽  
The Relationship

Starting with the illogical reality that with the improvement of corporate environmental management, the nature environment is getting worse, we empirically studied the relationship between environmental management and corporate financial performance. We choose the listed companies that published social, environmental or sustainable reports during 2010 and 2011 as a study sample. The Spearman correlation was used in SPSS 20. Through content analysis, we found that symbolic approach will benefit the CFP, while substantive approach did not show significant effect.

scholarly journals The influence of social disclosure on the relationship between Corporate Financial Performance and Corporate Social Performance*

2018 ◽  
Vol 29 (77) ◽  
pp. 229-245 ◽  
Author(s):  
Editinete André da Rocha Garcia ◽  
José Milton de Sousa-Filho ◽  
João Maurício Gama Boaventura
Keyword(s):  
Financial Performance ◽  
Fixed Effects ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Multiple Linear Regression Model ◽  
Moderating Effect ◽  
Corporate Financial Performance ◽  
Community Stakeholders ◽  
Corporate Social ◽  
The Relationship

ABSTRACT This study’s general objective is to investigate the moderating effect of Corporate Social Performance Disclosure (D-CSP) on the relationship between Corporate Social Performance (CSP) and Corporate Financial Performance (CFP). Based on this objective, the study presented a model in which D-CSP acts as a moderator in relation to primary stakeholders (employees, community, and suppliers). D-CSP is a mechanism through which the various social aspects involved in discretionary policies, actions, and activities identified in the management for stakeholders process can be evaluated. A sample of 1,147 companies belonging to 10 different sectors and five continents was used to test the model. Data were collected from the Bloomberg database, totaling 5,735 observations, from 2010 to 2014. The relationship was tested using the multiple linear regression model involving panel data with fixed effects, and the Newey-West robust standard errors correction. Three constructs, D-CSP, CSP, and CFP, were used to perform the tests. As a CSP measure, the CSP of the employee, supplier, and community stakeholders was used. As a D-CSP measure, the CSP disclosure scores available from the database were used, and return on assets (ROA) was used as a CFP measure. The tests carried out indicated the existence of a positive moderating effect of disclosure on the relationship between the CSP of primary stakeholders and CFP. Besides presenting a positive CSP in relation to the primary stakeholders the results enable it to be inferred that these results need to be disclosed, thus contributing to higher corporate financial performance.

scholarly journals The Influence of R&D Intensity on Financial Performance: The Mediating Role of Human Capital in the Semiconductor Industry in Taiwan

2020 ◽  
Vol 12 (12) ◽  
pp. 5128
Author(s):  
Tsung-Chun Chen ◽  
Yenchun Jim Wu
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Capital Investment ◽  
Performance Metrics ◽  
Intangible Assets ◽  
Semiconductor Industry ◽  
Value Added ◽  
Positive Influence ◽  
High Tech ◽  
The Relationship

Knowledge transfer is a strategy used by high-tech companies to acquire new knowledge and skills. Knowledge can be internally generated or externally sourced. The access to external knowledge is a quick fix, but the risks associated with reliance on external sources are often overlooked. However, not acquiring such knowledge is even riskier. There have been a slew of litigations in the semiconductor industry in recent years. The acquisition and assurance of intangible assets is an important issue. This paper posits that internal R&D should take into consideration the knowledge intensity and capital investment in the industry. This study focuses on the relationship between intangible assets and financial performance. It sourced the 2004 to 2016 financial data of semiconductor companies in Taiwan for panel data modeling and examined case studies for empirical validation. This study found that the higher the R&D intensity (RDI) in the value-added component of human capital, the better the financial performance of the company. RDI has a positive influence on the accumulation of human capital and financial performance metrics, and such influence is deferred. Meanwhile, human capital is a mediating factor in the relationship between RDI and financial performance. RDI is integral to the semiconductor industry’s pursuit of business sustainability.

scholarly journals CSR and Corporate Financial Performance: An Inter-Sectorial Analysis

2019 ◽  
Vol 14 (11) ◽  
pp. 193 ◽  
Author(s):  
Antonio Salvi ◽  
Emanuele Doronzo ◽  
Anastasia Giakoumelou ◽  
Felice Petruzzella
Keyword(s):  
Financial Performance ◽  
Method Of Moments ◽  
Environmental Governance ◽  
Generalized Method Of Moments ◽  
Geographic Area ◽  
Corporate Financial Performance ◽  
Thomson Reuters ◽  
Sectorial Analysis ◽  
Corporate Social ◽  
The Relationship

This study examines the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP), shedding new light on the lack of academic consensus and prevailing failure to deal with endogeneity in data. To this purpose, the authors recalculate ESG performance starting from the four pillars (economic, environmental, governance and social) provided by Thomson Reuters’ Asset4 database, able to determine a firm’s CSP. We adjust each ESG pillar score accounting for the firm’s sector, size and headquarter geographic area. We empirically test the relationship with a Generalized Method of Moments approach (GMM) in order to tackle the widely disputed endogeneity issues arising in this type of datasets. Results highlight a positive relationship between CSR, as measured in a tailored manner in this study, and corporate financial performance.

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