Corporate Governance and the Performance of R&D Investment:Evidence from China

摘要：

This paper examines empirically the effects of corporate governance on the performance of corporate R&D investment using the data on chinese listed companies data from 2003 to 2006. The results show that state control, the combination of CEO and board chairman positions, the largest shareholder holdings and institutional investors have significant effects on the performance of corporate R&D investment, but the proportion of outside directors and managerial shareholdings do not have significant effects.

关键词： Corporate R&D Investment Corporate Governance Firmperformance

作者: Weimin Xie

作者单位: School of Accounting Dongbei University of Finance and Economics Dalian,China

会议类型: 国际会议

会议名称: 2011 International Conference on Business Management and Electronic Information(2011商业管理与电子信息国际学术会议 BMEI2011)

会议地点: 广州

会议语种:英文

页码: 1-5

在线出版日期: 2011-05-13（万方平台首次上网日期，不代表论文的发表时间）