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/).
Cite this article
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 -