An Empirical test of influence of corporation control and shareholding on development investment in electronic information industry by panel data model and cross-section data model
- 10.2991/iaw-sc.2013.62How to use a DOI?
- shareholding; corporation control; research and developement investment intensity
Present researches indicated that control and shareholding of corporation influence operator’s conduct for long term efficiency significantly, but there is research gap of lacking empirical test. Thirty six enterprises with different shareholding structure in electronic information industry in China are taken as research samples on influence of their control and shareholding on research and development investment. According to characters of sample data, panel data model and cross-section data model are adopted to do empirical test. The result indicates that while proportion of state-own shareholding is more in which operator has lower control and share of enterprise, research and development investment intensity is lower. This conclusion supports theoretical viewpoint that stimulation of share and control will promote operator’s long term action of operation.
- © 2013, 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/).
Cite this article
TY - CONF AU - Yaozhong Chang PY - 2013/10 DA - 2013/10 TI - An Empirical test of influence of corporation control and shareholding on development investment in electronic information industry by panel data model and cross-section data model BT - Proceedings of the 2013 International Academic Workshop on Social Science PB - Atlantis Press SP - 289 EP - 292 SN - 1951-6851 UR - https://doi.org/10.2991/iaw-sc.2013.62 DO - 10.2991/iaw-sc.2013.62 ID - Chang2013/10 ER -