Innovation and organizational performance: A perspective among Chinese enterprises
The influence of innovation on the performance of Chinese enterprises still remains inconclusive in the literature of innovation management. The aim of this research therefore is to examine the link between innovation and performance of Chinese enterprises, and explore the influence of sentiment exp...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2022-11-01
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| Series: | Frontiers in Psychology |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fpsyg.2022.927617/full |
| _version_ | 1798043863976247296 |
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| author | Chengpeng Zhu Adubofour Isaac Nkrumah Nana Kwame Edmund |
| author_facet | Chengpeng Zhu Adubofour Isaac Nkrumah Nana Kwame Edmund |
| author_sort | Chengpeng Zhu |
| collection | DOAJ |
| description | The influence of innovation on the performance of Chinese enterprises still remains inconclusive in the literature of innovation management. The aim of this research therefore is to examine the link between innovation and performance of Chinese enterprises, and explore the influence of sentiment expressed by investors in this relationship. The data for our study are drawn from 3,500 Chinese listed firms, operating within the periods, 2009–2017. Panel autoregressive models (fixed and random effects) are employed in our empirical analyses. We further performed Hausman tests in order to ascertain which of the models is more suitable for our dataset. Results from the analysis show that innovation significantly influences the performance of Chinese enterprises and it is moderated by sentiment expressed by investors. Specifically, it is found that Chinese enterprises tend to be innovative as feedback to sentiment expressed by investors and this consequently results in higher performance. |
| first_indexed | 2024-04-11T22:55:01Z |
| format | Article |
| id | doaj.art-f04bd1217f5945df9f6e0a3909398410 |
| institution | Directory Open Access Journal |
| issn | 1664-1078 |
| language | English |
| last_indexed | 2024-04-11T22:55:01Z |
| publishDate | 2022-11-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Psychology |
| spelling | doaj.art-f04bd1217f5945df9f6e0a39093984102022-12-22T03:58:28ZengFrontiers Media S.A.Frontiers in Psychology1664-10782022-11-011310.3389/fpsyg.2022.927617927617Innovation and organizational performance: A perspective among Chinese enterprisesChengpeng Zhu0Adubofour Isaac1Nkrumah Nana Kwame Edmund2School of Finance and Economics, Jiangsu University, Zhenjiang, ChinaSchool of Finance and Economics, Jiangsu University, Zhenjiang, ChinaSchool of Management, Jiangsu University, Zhenjiang, ChinaThe influence of innovation on the performance of Chinese enterprises still remains inconclusive in the literature of innovation management. The aim of this research therefore is to examine the link between innovation and performance of Chinese enterprises, and explore the influence of sentiment expressed by investors in this relationship. The data for our study are drawn from 3,500 Chinese listed firms, operating within the periods, 2009–2017. Panel autoregressive models (fixed and random effects) are employed in our empirical analyses. We further performed Hausman tests in order to ascertain which of the models is more suitable for our dataset. Results from the analysis show that innovation significantly influences the performance of Chinese enterprises and it is moderated by sentiment expressed by investors. Specifically, it is found that Chinese enterprises tend to be innovative as feedback to sentiment expressed by investors and this consequently results in higher performance.https://www.frontiersin.org/articles/10.3389/fpsyg.2022.927617/fullinnovationenterprise performancemoderating roleinvestor sentimentChinese enterprises |
| spellingShingle | Chengpeng Zhu Adubofour Isaac Nkrumah Nana Kwame Edmund Innovation and organizational performance: A perspective among Chinese enterprises Frontiers in Psychology innovation enterprise performance moderating role investor sentiment Chinese enterprises |
| title | Innovation and organizational performance: A perspective among Chinese enterprises |
| title_full | Innovation and organizational performance: A perspective among Chinese enterprises |
| title_fullStr | Innovation and organizational performance: A perspective among Chinese enterprises |
| title_full_unstemmed | Innovation and organizational performance: A perspective among Chinese enterprises |
| title_short | Innovation and organizational performance: A perspective among Chinese enterprises |
| title_sort | innovation and organizational performance a perspective among chinese enterprises |
| topic | innovation enterprise performance moderating role investor sentiment Chinese enterprises |
| url | https://www.frontiersin.org/articles/10.3389/fpsyg.2022.927617/full |
| work_keys_str_mv | AT chengpengzhu innovationandorganizationalperformanceaperspectiveamongchineseenterprises AT adubofourisaac innovationandorganizationalperformanceaperspectiveamongchineseenterprises AT nkrumahnanakwameedmund innovationandorganizationalperformanceaperspectiveamongchineseenterprises |