Relationship of Professional Managers' Ownership with R&D Investment - Moderating effect of auditors’ independence and professionalism -

2019 ◽  
Vol 26 (3) ◽  
pp. 23-42
Author(s):  
Eun Hwa Lee ◽  
◽  
Jae Wook Yoo
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dongyun Zhu ◽  
Bingfen Xu

Purpose This study aims to measure the moderating effect of geographical and organizational proximity by focusing on readily available Chinese regional economic data over a five-year period. Design/methodology/approach The authors used multilevel regression analysis to analyze the relationship. Findings Results show that increasing government investment in research and development (R&D) can improve innovation performance during this period, organizational proximity and geographic proximity have a positive moderate effect on the relationship between R&D investment and Innovation performance. Originality/value This study enriches the existing theories on government innovation input and output from the perspective of regional differences and provides meaningful guidance for current Chinese regional innovation policies.


2019 ◽  
Vol 11 (5) ◽  
pp. 1235 ◽  
Author(s):  
Shaozhou Qi ◽  
Huarong Peng ◽  
Xiujie Tan

R&D investment plays a great role in achieving China’s low-carbon economy goals, which has a moderating effect on the relationship between income and carbon emissions. Furthermore, such a moderating effect may have spatial differences, given the possible spatial dependence of carbon emissions. Therefore, this paper explores the direct and spatial spillover moderating effects of R&D investment by adopting the panel spatial Durbin model and data of 30 provinces in China during 1998–2015. The empirical results firstly indicate that R&D investment moderates the positive impact of income on local carbon emissions for both the non-spatial and spatial model, and that more R&D investment can make carbon emissions reach the turning point earlier. Secondly, R&D investment in the local province increases the positive influence of local income on neighboring carbon emissions, which mainly results from the transfer effect of carbon emissions rather than the knowledge spillovers effect. The results are indicated to be robust by three types of robustness analyses. Finally, FDI and patents are the main constrained forces of local and neighboring carbon emissions; coal consumption is the main driver of local carbon emissions.


Author(s):  
J.A Prasansha Kumari ◽  
Dr. S.M. Ferdous Azam ◽  
Prof. Siti Khalidah

This article highlights the moderating effect of living areas of the borrowers on the impact of microfinance programs on poverty alleviation. The study has utilized the data from 497 borrowers of Samurdhi microfinance in five disaster-affected districts in the country to examines that two different living areas (disaster-affected and non-disaster affected area) of borrowers moderate the relationship between microfinance services and poverty alleviation. The Multi- Group CFA analysis was performed to identify the moderating effect using AMOS 21. Quantitative results were finding revealed that the moderation tests were significant for all the three microfinance services on poverty alleviation. The effect of microfinance services of borrowers in the disaster-affected area higher than the borrowers in non-disaster area.


2019 ◽  
Vol 11 (15) ◽  
pp. 4153 ◽  
Author(s):  
Ximing Yin ◽  
Ben-lu Hai ◽  
Jin Chen

How CEOs with different characteristics act differently on R&D investment under the condition of financial constraints is an important but understudied question towards firms’ sustainable innovation. Employing the dataset from China-Enterprise Survey 2012 of the World Bank, this study tests the impact of financial constraints on firms’ R&D investment and the moderating role of CEO characteristics. Empirical results show that: (1) firm’s financial constraints have a significant restricting effect on their R&D investment; (2) internal financial constraints have no significant restricting effect on R&D investment for firms with female CEOs in comparison with firms with male CEOs, while the external financial constraints have a significant restricting effect on R&D investment for both groups. (3) CEO experience has a non-linear moderating effect on the relationship between financial constraints and a firm’s R&D investment. When the accumulated experience is overloaded, the positive moderating effect of CEO experience begins to decline and even become negative. Robustness tests further confirm these empirical findings. This study directly contributes to the literature of financing innovation and top management team’s impact on firms’ sustainable innovation, and generates insights on firms’ R&D management under the condition of financial constraints.


Author(s):  
Mahesh K. Nalla ◽  
Yongjae Nam

This article examines the role of citizens’ contact with police and their assessments of officers’ corruption in police in India. More importantly, we examine whether police procedural justice moderates the relationship between citizens’ assessments of police corruption and trust. Data ( N = 845) from Delhi, India, suggest that consistent with the literature, citizens’ trust in police is explained by their contact with police, fear of crime, police effectiveness, and corruption in police work. However, two significant findings emerged from this analysis. First, though citizens’ perception of police corruption is a significant explanatory variable of trust in police, procedural justice moderates the strength of the relationship of corruption on trust. Second, the nature of contact experience reveals essential differences in the moderating effect of procedural justice on the relationship between corruption and trust in police. Finally, irrespective of the nature of contact experience, police effectiveness, and trust in police is related.


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