scholarly journals The impact of R&D investment on business performance—Based on the regulating effect from ownership structure

◽  
2019 ◽  
Keyword(s):  
Ownership Structure ◽  
Business Performance ◽  
The Impact ◽  
D Investment

scholarly journals Ownership structure, board of directors and R&D investments: evidence from France.

2008 ◽  
Vol 5 (3) ◽  
pp. 250-262 ◽  
Author(s):  
Basma Sellami Mezghanni
Keyword(s):  
Board Of Directors ◽  
Chief Executive Officer ◽  
Ownership Structure ◽  
Chief Executive ◽  
Ownership Concentration ◽  
Outside Directors ◽  
Investment Level ◽  
Inside Directors ◽  
The Impact ◽  
D Investment

The purpose of this research is to analyze the impact of the characteristics related to the ownership structure and board of directors, as mechanisms of governance, on the research and development (R&D) intensity. The study carried out on a sample of French companies belonging to the SBF 250 index shows that ownership concentration and duality of chief executive officer and chairman roles have no significant effect on the R & D intensity. The board sizes as well as the proportion of inside directors in the board have a positive and significant effect on R & D intensity. However, the participation of outside directors in capital tends to urge managers to reduce R&D investment level

scholarly journals Research on Foreign Ownership Applied in R&D Investment of Chinese GEM Companies

2016 ◽  
Vol 2 (1) ◽  
pp. 161
Author(s):  
Ying Wang
Keyword(s):  
Regression Model ◽  
Negative Correlation ◽  
Ownership Structure ◽  
Foreign Ownership ◽  
Company Size ◽  
Enterprise Performance ◽  
Correlation Relationship ◽  
Operating Income ◽  
The Impact ◽  
D Investment

This paper is to explore that if foreign ownership exactly affects on R&D investment of Chinese GEM companies. We use six variables, including RDS (the ratio of R&D and operating income), the proportion of foreign ownership, company size (the logarithm of total assets), gearing ratio, the proportion of the top five shareholders, and the location, to construct the regression model to verify the impact of foreign ownership on R&D investment for 153 listed firm sample during 2009-2014, which has removed companies without R&D investment. We find that foreign ownership and enterprise R&D investment indeed exists positive correlation, but not significantly; further investigation found that foreign ownership will not improve enterprise performance when it promotes R&D investment, but exist a negative correlation relationship. Therefore, such a relationship is important for company to control the proportion of foreign ownership to manage the ownership structure.

scholarly journals Shareholding by venture capitalists and R&D investment of start-up firms

2010 ◽  
Vol 7 (4) ◽  
pp. 142-149 ◽  
Author(s):  
Hiroyuki Okamuro ◽  
Jian Xiong Zhang
Keyword(s):  
Research And Development ◽  
Ownership Structure ◽  
Ownership Concentration ◽  
Venture Capitalists ◽  
Listed Firms ◽  
Start Up ◽  
The Impact ◽  
The Relationship ◽  
D Investment ◽  
Unique Dataset

We analyze the influence of ownership structure on the R&D (research and development) investment of start-up firms. Previous studies on the relationship between ownership and R&D have targeted on large listed firms and focused on ownership concentration, regardless of the types of large shareholders. We argue that shareholder’s type is an important factor of R&D investment under asymmetric information, and that R&D projects, particularly those of start-up firms, strongly depend on the financing from venture capitalists (VCs). Using a unique dataset of Japanese start-up firms, we find that the shareholding by VCs have, in fact, positively affects the R&D investment and that the impact of VCs funding is especially large when the shareholding by the lead VC exceeds 10%.

TRANSFER FİYATLAMA UYGULAMASININ İŞLETME PERFORMANSINA ETKİSİ VE VERGİSEL AÇIDAN DEĞERLENDİRİLMESİ

2014 ◽  
Vol 1 (2) ◽  
pp. 187
Author(s):  
Serdar KUZU
Keyword(s):  
Business Performance ◽  
Transfer Pricing ◽  
Tax Law ◽  
Economic Activities ◽  
Tax System ◽  
Goods And Services ◽  
Tax Legislation ◽  
International Transactions ◽  
The Cost ◽  
The Impact

The size of international trade continues to extend rapidly from day to day as a result of the globalization process. This situation causes an increase in the economic activities of businesses in the trading area. One of the main objectives of the cost system applied in businesses is to be able to monitor the competitors and the changes that can be occured as a result of the developments in the sector. Thus, making cost accounting that is proper according to IAS / IFRS and tax legislation has become one of the strategic targets of the companies in most countries. In this respect, businesses should form their cost and pricing systems according to new regulations. Transfer pricing practice is usefull in setting the most proper price for goods that are subject to the transaction, in evaluating the performance of the responsibility centers of business, and in determining if the inter-departmental pricing system is consistent with targets of the business. The taxing powers of different countries and also the taxing powers of different institutions in a country did not overlap. Because of this reason, bringing new regulations to the tax system has become essential. The transfer pricing practice that has been incorporated into the Turkish Tax System is one of the these regulations. The transfer pricing practice which includes national and international transactions has been included in the Corporate Tax Law and Income Tax Law. The aim of this study is to analyse the impact of goods and services transfer that will occur between departments of businesses on the responsibility center and business performance, and also the impact of transfer pricing practice on the business performance on the basis of tax-related matters. As a result of the study, it can be said that transfer pricing practice has an impact on business performance in terms of both price and tax-related matters.

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