R&D investment under the influence of board characteristics and
performance feedback

D 2017

R&D investment under the influence of board characteristics and performance feedback

JANOŠOVÁ, Lenka a Michal JIRÁSEK

Základní údaje

Originální název

R&D investment under the influence of board characteristics and performance feedback

Autoři

JANOŠOVÁ, Lenka a Michal JIRÁSEK

Vydání

Reading, Proceedings of the 5th International Conference on Management, Leadership and Governance (ICMLG 2017), od s. 487-494, 8 s. 2017

Nakladatel

Academic Conferences and Publishing International Limited

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50204 Business and management

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/17:00095916

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-1-911218-27-2

ISSN

UT WoS

000404892000060

Klíčová slova anglicky

behavioral theory of the firm; performance feedback; R&D; board characteristics

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 17. 4. 2019 13:05, Mgr. Daniela Marcollová

Anotace

V originále

Performance feedback process assumed by the behavioral theory of the firm has been studied in numerous studies and its influence on firms’ R&D expenditures has been confirmed. It supposes that a firm pays attention to certain aspiration levels – comprising a firm historical performance and performance of its peers. When this level is not attained, a firm is motivated towards change, which is often translated as an increase in R&D spending. However, performance feedback is clearly not the only one of the possible factors affecting firms’ short term behavior. In this paper, it is argued that board characteristics – notably board size, age of its members and board turnover – and their changes can influence yearly differences in R&D spending as well. This paper studies joint influence of performance feedback process and board characteristics on a sample of large German industrial firms listed on exchange markets.

Návaznosti

MUNI/A/0878/2016, interní kód MU

Název: Cyklus strategické chování-výkonnost podniku a faktory jej ovlivňující

Investor: Masarykova univerzita, Cyklus strategické chování-výkonnost podniku a faktory jej ovlivňující, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Citovat

JANOŠOVÁ, Lenka a Michal JIRÁSEK. R&D investment under the influence of board characteristics and performance feedback. In Proceedings of the 5th International Conference on Management, Leadership and Governance (ICMLG 2017). Reading: Academic Conferences and Publishing International Limited, 2017, s. 487-494. ISBN 978-1-911218-27-2.

@inproceedings{1360361,
   author = {Janošová, Lenka and Jirásek, Michal},
   address = {Reading},
   booktitle = {Proceedings of the 5th International Conference on Management, Leadership and Governance (ICMLG 2017)},
   keywords = {behavioral theory of the firm; performance feedback; R&D; board characteristics},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Reading},
   isbn = {978-1-911218-27-2},
   pages = {487-494},
   publisher = {Academic Conferences and Publishing International Limited},
   title = {R&D investment under the influence of board characteristics and performance feedback},
   year = {2017}
}

TY  - CONF
ID  - 1360361
AU  - Janošová, Lenka - Jirásek, Michal
PY  - 2017
TI  - R&D investment under the influence of board characteristics and performance feedback
PB  - Academic Conferences and Publishing International Limited
CY  - Reading
SN  - 9781911218272
KW  - behavioral theory of the firm
KW  - performance feedback
KW  - R&D
KW  - board characteristics
N2  - Performance feedback process assumed by the behavioral theory of the firm has been studied in numerous studies and its influence on firms’ R&D expenditures has been confirmed. It supposes that a firm pays attention to certain aspiration levels – comprising a firm historical performance and performance of its peers. When this level is not attained, a firm is motivated towards change, which is often translated as an increase in R&D spending. However, performance feedback is clearly not the only one of the possible factors affecting firms’ short term behavior. In this paper, it is argued that board characteristics – notably board size, age of its members and board turnover – and their changes can influence yearly differences in R&D spending as well. This paper studies joint influence of performance feedback process and board characteristics on a sample of large German industrial firms listed on exchange markets.
ER  -

JANOŠOVÁ, Lenka a Michal JIRÁSEK. R\&{}D investment under the influence of board characteristics and performance feedback. In \textit{Proceedings of the 5th International Conference on Management, Leadership and Governance (ICMLG 2017)}. Reading: Academic Conferences and Publishing International Limited, 2017, s.~487-494. ISBN~978-1-911218-27-2.

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