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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Main Authors: Irene, Wei Kiong Ting, Kweh, Qian Long, Lo, Huai-Chun
Format: Conference or Workshop Item
Language:English
Published: Universiti Malaysia Pahang 2017
Subjects:
Online Access: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
id ump-17608
recordtype eprints
spelling 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
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic HD28 Management. Industrial Management
spellingShingle 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
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