Impacts of Ownership Structure on R&D Investment in GEM companies

DOI

10.2991/emim-15.2015.155How to use a DOI?

Keywords

R&D investment; Growth enterprises market; Ownership concentration; Equity balance degree; Executives shareholding

Abstract

R&D is the remarkable feature of the enterprise innovation,it has important significance to promote the construction of national science and technology.Based on growth enterprises market companies’data from 2010 to 2013,this article analyzes the influence between the ownership concentration,equity balance degree as well as executives shareholding and the R&D input.The empirical results show that the ownership concentration has no significant relationship with R&D input, the degree of ownership balance and executives shareholding is positively related to the R&D input,and when executives shareholding reaches a certain proportion,it has more significant influence on R&D input.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xinyu Zhang
AU  - Wenlin Gu
PY  - 2015/04
DA  - 2015/04
TI  - Impacts of Ownership Structure on R&D Investment in GEM companies
BT  - Proceedings of the 2015 International Conference on Education, Management, Information and Medicine
PB  - Atlantis Press
SP  - 793
EP  - 798
SN  - 2352-5428
UR  - https://doi.org/10.2991/emim-15.2015.155
DO  - 10.2991/emim-15.2015.155
ID  - Zhang2015/04
ER  -