Ting, Irene Wei Kiong and Darun, Mohd Ridzuan and Lee, Chia Kuang and Kweh, Qian Long (2019) Developing a new risk management-human governance (RMHG) framework on firm efficiency. , [Research Report] (Unpublished)
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Abstract
This study finds a nonlinear relationship between ownership concentration and R&D investments. Specifically, ownership concentration is positively related to R&D investments at a low level of ownership concentration; the relationship becomes negative when ownership concentration is at a high level. However, the impact of ownership concentration on R&D investments is lessened in family-controlled firms; that is, family control moderates the relationship between ownership concentration and R&D investments. Overall, this study suggests that the ownership concentration’s nonlinear impact on R&D investments differs between family-controlled firms and non-family-controlled firms.
| Item Type: | Research Report |
|---|---|
| Additional Information: | RESEARCH VOTE NO: RDU1703126 |
| Uncontrolled Keywords: | Ownership concentration; R&D investment; family control; moderating effect |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management |
| Depositing User: | En. Mohd Ariffin Abdul Aziz |
| Date Deposited: | 16 Feb 2023 02:35 |
| Last Modified: | 16 Feb 2023 02:35 |
| URI: | http://umpir.ump.edu.my/id/eprint/36319 |
| Download Statistic: | View Download Statistics |
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