DC Field | Value | Language |
---|---|---|
dc.contributor.author | Sung, Taeyoon | ko |
dc.contributor.author | Lee, Chang-Yang | ko |
dc.contributor.author | Ahn, Hyeonmi | ko |
dc.date.accessioned | 2017-07-18T06:33:05Z | - |
dc.date.available | 2017-07-18T06:33:05Z | - |
dc.date.created | 2017-07-10 | - |
dc.date.created | 2017-07-10 | - |
dc.date.issued | 2017 | - |
dc.identifier.citation | INDUSTRY AND INNOVATION, v.24, no.6, pp.633 - 658 | - |
dc.identifier.issn | 1366-2716 | - |
dc.identifier.uri | http://hdl.handle.net/10203/224908 | - |
dc.description.abstract | This paper examines the impact of group-controlling shareholders' interests on the R&D decision of group-affiliated firms in business groups with cross-ownership structures, especially with regard to the impact of control-ownership disparities or cash-flow rights. We show that R&D intensity across group-affiliated firms, in business groups with cross-ownership structures, is higher when control-ownership disparities are low or when group-controlling shareholders have higher cash-flow rights. Particularly in publicly listed firms, we find that the cash-flow rights of group-controlling shareholders are one of the most important determinants of the R&D intensity for group-affiliated firms. | - |
dc.language | English | - |
dc.publisher | ROUTLEDGE JOURNALS | - |
dc.subject | ASIAN FINANCIAL CRISIS | - |
dc.subject | CORPORATE GOVERNANCE | - |
dc.subject | EMERGING MARKETS | - |
dc.subject | LEVERAGED RECAPITALIZATIONS | - |
dc.subject | STRUCTURE MATTER | - |
dc.subject | CAPITAL-MARKETS | - |
dc.subject | PANEL DATA | - |
dc.subject | 2 FACES | - |
dc.subject | PERFORMANCE | - |
dc.subject | INVESTMENT | - |
dc.title | What determines firms' R&D intensity in business groups with cross-ownership structures? | - |
dc.type | Article | - |
dc.identifier.wosid | 000403933100003 | - |
dc.identifier.scopusid | 2-s2.0-85002262386 | - |
dc.type.rims | ART | - |
dc.citation.volume | 24 | - |
dc.citation.issue | 6 | - |
dc.citation.beginningpage | 633 | - |
dc.citation.endingpage | 658 | - |
dc.citation.publicationname | INDUSTRY AND INNOVATION | - |
dc.identifier.doi | 10.1080/13662716.2016.1261694 | - |
dc.contributor.localauthor | Lee, Chang-Yang | - |
dc.contributor.nonIdAuthor | Sung, Taeyoon | - |
dc.contributor.nonIdAuthor | Ahn, Hyeonmi | - |
dc.description.isOpenAccess | N | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | R& | - |
dc.subject.keywordAuthor | D intensity | - |
dc.subject.keywordAuthor | business group | - |
dc.subject.keywordAuthor | controlling shareholder | - |
dc.subject.keywordAuthor | cash-flow right | - |
dc.subject.keywordAuthor | control-ownership disparity | - |
dc.subject.keywordAuthor | G3 | - |
dc.subject.keywordAuthor | L2 | - |
dc.subject.keywordAuthor | O3 | - |
dc.subject.keywordPlus | ASIAN FINANCIAL CRISIS | - |
dc.subject.keywordPlus | CORPORATE GOVERNANCE | - |
dc.subject.keywordPlus | EMERGING MARKETS | - |
dc.subject.keywordPlus | LEVERAGED RECAPITALIZATIONS | - |
dc.subject.keywordPlus | STRUCTURE MATTER | - |
dc.subject.keywordPlus | CAPITAL-MARKETS | - |
dc.subject.keywordPlus | PANEL DATA | - |
dc.subject.keywordPlus | 2 FACES | - |
dc.subject.keywordPlus | PERFORMANCE | - |
dc.subject.keywordPlus | INVESTMENT | - |
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