Developing a new risk management-human governance (RMHG) framework on firm efficiency
This study finds a nonlinear relationship between ownership concentration and R&D investments. Specifically, ownership concentration is positively related to R&D investments at a low level of ownership concentration; the relationship becomes negative when ownership concentration is at a high...
Main Authors: | , , , |
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Format: | Research Report |
Language: | English |
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2019
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Online Access: | http://umpir.ump.edu.my/id/eprint/36319/1/Developing%20a%20new%20risk%20management-human%20governance%20%28RMHG%29%20framework%20on%20firm%20efficiency.wm.pdf |
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author | Ting, Irene Wei Kiong Darun, Mohd Ridzuan Lee, Chia Kuang Kweh, Qian Long |
author_facet | Ting, Irene Wei Kiong Darun, Mohd Ridzuan Lee, Chia Kuang Kweh, Qian Long |
author_sort | Ting, Irene Wei Kiong |
collection | UMP |
description | This study finds a nonlinear relationship between ownership concentration and R&D investments. Specifically, ownership concentration is positively related to R&D investments at a low level of ownership concentration; the relationship becomes negative when ownership concentration is at a high level. However, the impact of ownership concentration on R&D investments is lessened in family-controlled firms; that is, family control moderates the relationship between ownership concentration and R&D investments. Overall, this study suggests that the ownership concentration’s nonlinear impact on R&D investments differs between family-controlled firms and non-family-controlled firms. |
first_indexed | 2024-03-06T13:02:49Z |
format | Research Report |
id | UMPir36319 |
institution | Universiti Malaysia Pahang |
language | English |
last_indexed | 2024-03-06T13:02:49Z |
publishDate | 2019 |
record_format | dspace |
spelling | UMPir363192023-02-16T02:35:56Z http://umpir.ump.edu.my/id/eprint/36319/ Developing a new risk management-human governance (RMHG) framework on firm efficiency Ting, Irene Wei Kiong Darun, Mohd Ridzuan Lee, Chia Kuang Kweh, Qian Long HD61 Risk Management This study finds a nonlinear relationship between ownership concentration and R&D investments. Specifically, ownership concentration is positively related to R&D investments at a low level of ownership concentration; the relationship becomes negative when ownership concentration is at a high level. However, the impact of ownership concentration on R&D investments is lessened in family-controlled firms; that is, family control moderates the relationship between ownership concentration and R&D investments. Overall, this study suggests that the ownership concentration’s nonlinear impact on R&D investments differs between family-controlled firms and non-family-controlled firms. 2019 Research Report NonPeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/36319/1/Developing%20a%20new%20risk%20management-human%20governance%20%28RMHG%29%20framework%20on%20firm%20efficiency.wm.pdf Ting, Irene Wei Kiong and Darun, Mohd Ridzuan and Lee, Chia Kuang and Kweh, Qian Long (2019) Developing a new risk management-human governance (RMHG) framework on firm efficiency. , [Research Report] (Unpublished) |
spellingShingle | HD61 Risk Management Ting, Irene Wei Kiong Darun, Mohd Ridzuan Lee, Chia Kuang Kweh, Qian Long Developing a new risk management-human governance (RMHG) framework on firm efficiency |
title | Developing a new risk management-human governance (RMHG) framework on firm efficiency |
title_full | Developing a new risk management-human governance (RMHG) framework on firm efficiency |
title_fullStr | Developing a new risk management-human governance (RMHG) framework on firm efficiency |
title_full_unstemmed | Developing a new risk management-human governance (RMHG) framework on firm efficiency |
title_short | Developing a new risk management-human governance (RMHG) framework on firm efficiency |
title_sort | developing a new risk management human governance rmhg framework on firm efficiency |
topic | HD61 Risk Management |
url | http://umpir.ump.edu.my/id/eprint/36319/1/Developing%20a%20new%20risk%20management-human%20governance%20%28RMHG%29%20framework%20on%20firm%20efficiency.wm.pdf |
work_keys_str_mv | AT tingireneweikiong developinganewriskmanagementhumangovernancermhgframeworkonfirmefficiency AT darunmohdridzuan developinganewriskmanagementhumangovernancermhgframeworkonfirmefficiency AT leechiakuang developinganewriskmanagementhumangovernancermhgframeworkonfirmefficiency AT kwehqianlong developinganewriskmanagementhumangovernancermhgframeworkonfirmefficiency |