How Financial Slack Affects Corpora - E-book

eBook

How Financial Slack Affects Corporate Performance - ENG

An Examination In An Uncertain And Resource Scarce Environment

Bernadette Gral

eBook

$1,100.00

Disponible

Información adicional
Sinopsis

ISBN:	9783658045524
Formato:	Page Fidelity
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Ciencia de la gestión
Año de publicación:	2013-12-30

Bernadette Gral examines the relationship between financial slack and corporate performance in the European pharmaceutical industry during the financial crisis of 2007 to 2010. Her investigation includes correlational and regression analyses as well as the qualitative content analysis of newspaper articles. The results show that financial slack influences corporate performance measured as ROA based on net income, thus implying that firms use slack resources to enhance performance during crises. The findings support the arguments for a beneficial effect of financial slack on performance according to the resource based view and behavioral theory of the firm.

eBooks