Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan
This study finds that ownership concentration has a positive impact on R&D investments up to a critical point, after which the impact is reversed. Further, the study indicates that family control has a moderating effect on the nonlinear relationship between ownership concentration and R&D in...
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Universiti Malaysia Pahang
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ump-176082018-10-11T07:41:32Z http://umpir.ump.edu.my/id/eprint/17608/ Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun HD28 Management. Industrial Management This study finds that ownership concentration has a positive impact on R&D investments up to a critical point, after which the impact is reversed. Further, the study indicates that family control has a moderating effect on the nonlinear relationship between ownership concentration and R&D investments. More specifically, family-controlled firms are influenced by ownership concentration to a lower extent than non-family controlled firms. Consistent with most prior studies, this study shows that shareholders of a family-controlled firm are involved in the long-term decisions of the firm, and may thus invest in R&D innovation to seek long-term profit maximization in certain situations. Universiti Malaysia Pahang 2017 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/17608/1/6.%20Ownership%20concentration%20and%20R%26D%20investments%20%28%20%20%29%20%20Variations%20brought%20by%20family%20control%20in%20taiwan.pdf Irene, Wei Kiong Ting and Kweh, Qian Long and Lo, Huai-Chun (2017) Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan. In: Proceedings of the FGIC 1st Conference on Governance & Integrity, 3-4 April 2017 , Yayasan Pahang, Kuantan, Malaysia. pp. 94-106.. ISBN 978-967-2054-37-5 http://fgic.ump.edu.my/images/docman/1st-FGIC-Proceedings.pdf |
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Universiti Malaysia Pahang |
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English |
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HD28 Management. Industrial Management Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan |
description |
This study finds that ownership concentration has a positive impact on R&D investments up to a critical point, after which the impact is reversed. Further, the study indicates that family control has a moderating effect on the nonlinear relationship between ownership concentration and R&D investments. More specifically, family-controlled firms are influenced by ownership concentration to a lower extent than non-family controlled firms. Consistent with most prior studies, this study shows that shareholders of a family-controlled firm are involved in the long-term decisions of the firm, and may thus invest in R&D innovation to seek long-term profit maximization in certain situations. |
format |
Conference or Workshop Item |
author |
Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun |
author_facet |
Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun |
author_sort |
Irene, Wei Kiong Ting |
title |
Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
title_short |
Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
title_full |
Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
title_fullStr |
Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
title_full_unstemmed |
Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
title_sort |
ownership concentration and r&d investments? variations
brought by family control in taiwan |
publisher |
Universiti Malaysia Pahang |
publishDate |
2017 |
url |
http://umpir.ump.edu.my/id/eprint/17608/ http://umpir.ump.edu.my/id/eprint/17608/ http://umpir.ump.edu.my/id/eprint/17608/1/6.%20Ownership%20concentration%20and%20R%26D%20investments%20%28%20%20%29%20%20Variations%20brought%20by%20family%20control%20in%20taiwan.pdf |
first_indexed |
2023-09-18T22:24:25Z |
last_indexed |
2023-09-18T22:24:25Z |
_version_ |
1777415870788665344 |