A Study on the Effect of Corporate Slack Resource on the Relationship between R&D Investment and Business Performance

2021 ◽  
Vol 18 (4) ◽  
pp. 54-77
Author(s):  
Lian Zhang ◽  
Tian-Guo Li ◽  
Min-Ji Kim
Keyword(s):  
Business Performance ◽  
The Relationship ◽  
D Investment ◽  
Slack Resource

scholarly journals The Moderating Effect of Holding Shareholders on Corporate Performance in Institute Spin-Offs from the Perspective of Institutional Logics

2021 ◽  
Vol 11 (11) ◽  
pp. 908-922
Author(s):  
Liang Wang ◽  
Shuang Ge ◽  
Peipei Yang
Keyword(s):  
Business Performance ◽  
Positive Impact ◽  
Institutional Logics ◽  
Moderating Effect ◽  
Innovation Performance ◽  
Legal Representative ◽  
Mechanism Research ◽  
Academy Of Sciences ◽  
The Relationship ◽  
D Investment

Based on the panel data of 577 spin-offs of the Chinese Academy of Sciences (CAS) from 2008 to 2017, this paper explores the moderating effect of the different types of holding shareholders on business performance and innovation performance in institute spin-offs from the perspective of institutional logics. The findings indicate that investment in research and development (R&D) has a significant positive impact on the business performance and innovation performance of the institute spin-offs. Corporate legal representative holding shareholders positively moderate the relationship between R&D investment and business performance. Due to the conflict of incentive mechanism, research institute legal representative holding shareholders negatively moderate the relationship between R&D investment and both areas of performance. Scientist natural person holding shareholders positively moderate the relationship between R&D investment and both areas of performance. The research conclusions of this paper enrich the research on institute spin-offs and expand the research on the role of holding shareholders in business operation.

The Links between the Companies Market Price Quality and that of its Management and Business Quality: A System Panel Data Approach

GIS Business ◽  
2016 ◽  
Vol 11 (6) ◽  
pp. 28-38
Author(s):  
Dinis Daniel Santos ◽  
Elias Soukiazis
Keyword(s):  
Panel Data ◽  
Business Performance ◽  
Market Price ◽  
Equation System ◽  
Simultaneous Equation ◽  
System Equation ◽  
Simultaneous Equation System ◽  
Management Quality ◽  
The Relationship

This work uses a simultaneous equation system approach to analyze the relationship between the management and business quality of companies and their market price quality. Using panel data we found that both the management and the business quality of companies positively influence the market price quality of the studied American companies. Additionally, variables like the actual position of the company price quality compared to the industry average, being on the top or the bottom, or the beta value of a company, also influence the market price quality of the respective company. It is shown that the system equation approach is the most appropriate to explain the linkages between price, business, and management quality providing consistent estimates. Also, using ratings to express the three core variables in the system is the most adequate way to define the quality characteristics in terms of price, management, and business performance of the companies considered in this study.

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