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The Effect of Managerial Ownership on Intensity of R&D Investment

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成果类型:
会议论文
作者:
Li, Dong-Sheng*;Zhang, Ling-Hong
通讯作者:
Li, Dong-Sheng
作者机构:
[Li, Dong-Sheng; Zhang, Ling-Hong] Univ South China, Sch Econ & Management, Hengyang, Peoples R China.
通讯机构:
[Li, Dong-Sheng] U
Univ South China, Sch Econ & Management, Hengyang, Peoples R China.
语种:
英文
关键词:
Managers' Shareholding;Nature of Ownership;Intensity of R&D Investment
期刊:
2015 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING, MSE 2015
年:
2015
页码:
143-150
会议名称:
International Conference on Management Science and Engineering (MSE)
会议时间:
DEC 25-27, 2015
会议地点:
Chengdu, PEOPLES R CHINA
会议主办单位:
[Li, Dong-Sheng;Zhang, Ling-Hong] Univ South China, Sch Econ & Management, Hengyang, Peoples R China.
出版地:
439 DUKE STREET, LANCASTER, PA 17602-4967 USA
出版者:
DESTECH PUBLICATIONS, INC
ISBN:
978-1-60595-307-6
机构署名:
本校为第一且通讯机构
院系归属:
管理学院
摘要:
In order to study the different nature of ownership how to play a role in the relationship between corporate managerial ownership and the intensity of R&D investment, this paper uses micro data on A-share listed companies in China covering the three - year periods 2009-2011 by Excel 2010 and STATA 11.2. The results are as follows: (a) The intensity of corporate R&D investment has a significant positive correlation with the number of managers' shareholding. (b) In the firms of different nature of business ownership, managerial ownership has a different effect on the intensity of corporate R&D i...

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