Strength of the association between R&D volatility and firm growth: The roles of corporate governance and tangible asset volatility

• Type: Article in International Scientific Journal
• Date: 2018

Authors

Pankaj C. Patel (Author) Other; Maria João Guedes (Author) Other; Nuno Soares (Author) FEUP; Vítor da Conceição Gonçalves (Author) Other

Journal

Title: Journal of Business Research

Vol. 88

Pages: 282-288

ISSN: 0148-2963

Publisher: Elsevier

Indexing

ISI Web of Knowledge - 1 Citation

ISI Web of Science

Scopus - 13 Citations

Other information

Authenticus ID: P-00N-B5B

DOI: 10.1016/j.jbusres.2017.12.033

Abstract (EN): We investigate the complementary roles of corporate governance; property, plant, and equipment (PPE) volatility; and intangible asset volatility in improving the returns from R&D volatility. With increasing R&D volatility, corporate governance can help align divergent goals and heterogeneous resources both internally and externally. PPE volatility or intangible asset volatility could help synchronize asset turnover with R&D volatility. The findings show that corporate governance and PPE volatility complement R&D volatility in improving a firm's performance.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 7