Since 2014
Impact of Managers’ Traits and Compensation Structure on R&D Investments
Journal of Applied Business and Economics
View Archive Info| Field | Value | |
| Title |
Impact of Managers’ Traits and Compensation Structure on R&D Investments
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| Creator |
Kim, Joungyeon
Wang, Xiaoqiong |
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| Description |
This study examines the relationships between the characteristics of top management and a firm’s R&D expenditure level. We measure management entrenchment using executives’ tenures, ages, cash compensation, and dual roles as a chairman. The result suggests that firms with less entrenched management (i.e., younger, newer, and non-chairman executives with less cash compensation) invest more in R&D. Our result also shows that executives whose compensation has a higher sensitivity to stock volatility are associated with higher degree of R&D expenditures implying that executives’ compensation structures tend to influence R&D decisions.
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| Publisher |
North American Business Press
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| Date |
2018-12-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
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| Identifier |
https://articlegateway.com/index.php/JABE/article/view/221
10.33423/jabe.v20i9.221 |
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| Source |
Journal of Applied Business and Economics; Vol 20 No 9 (2018)
1499-691X 10.33423/jabe.v20i9 |
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| Language |
eng
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| Relation |
https://articlegateway.com/index.php/JABE/article/view/221/191
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| Rights |
Copyright (c) 2018 Journal of Applied Business and Economics
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