Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan
This study finds that ownership concentration has a positive impact on R&D investments up to a critical point, after which the impact is reversed. Further, the study indicates that family control has a moderating effect on the nonlinear relationship between ownership concentration and R&D in...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
Universiti Malaysia Pahang
2017
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/17608/ http://umpir.ump.edu.my/id/eprint/17608/1/6.%20Ownership%20concentration%20and%20R%26D%20investments%20%28%20%20%29%20%20Variations%20brought%20by%20family%20control%20in%20taiwan.pdf |
| _version_ | 1848820470291365888 |
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| author | Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun |
| author_facet | Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun |
| author_sort | Irene, Wei Kiong Ting |
| building | UMP Institutional Repository |
| collection | Online Access |
| description | This study finds that ownership concentration has a positive impact on R&D investments up to a critical point, after which the impact is reversed. Further, the study indicates that family control has a moderating effect on the nonlinear relationship between ownership concentration and R&D investments. More specifically, family-controlled firms are influenced by ownership concentration to a lower extent than non-family controlled firms. Consistent with most prior studies, this study shows that shareholders of a family-controlled firm are involved in the long-term decisions of the firm, and may thus invest in R&D innovation to seek long-term profit maximization in certain situations. |
| first_indexed | 2025-11-15T02:09:58Z |
| format | Conference or Workshop Item |
| id | ump-17608 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T02:09:58Z |
| publishDate | 2017 |
| publisher | Universiti Malaysia Pahang |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-176082022-03-29T03:47:46Z http://umpir.ump.edu.my/id/eprint/17608/ Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun HD28 Management. Industrial Management This study finds that ownership concentration has a positive impact on R&D investments up to a critical point, after which the impact is reversed. Further, the study indicates that family control has a moderating effect on the nonlinear relationship between ownership concentration and R&D investments. More specifically, family-controlled firms are influenced by ownership concentration to a lower extent than non-family controlled firms. Consistent with most prior studies, this study shows that shareholders of a family-controlled firm are involved in the long-term decisions of the firm, and may thus invest in R&D innovation to seek long-term profit maximization in certain situations. Universiti Malaysia Pahang 2017 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/17608/1/6.%20Ownership%20concentration%20and%20R%26D%20investments%20%28%20%20%29%20%20Variations%20brought%20by%20family%20control%20in%20taiwan.pdf Irene, Wei Kiong Ting and Kweh, Qian Long and Lo, Huai-Chun (2017) Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan. In: Proceedings of the FGIC 1st Conference on Governance & Integrity , 3-4 April 2017 , Yayasan Pahang, Kuantan, Malaysia. pp. 94-106.. ISBN 978-967-2054-37-5 (Published) http://fgic.ump.edu.my/images/docman/1st-FGIC-Proceedings.pdf |
| spellingShingle | HD28 Management. Industrial Management Irene, Wei Kiong Ting Kweh, Qian Long Lo, Huai-Chun Ownership Concentration and R&D Investments? Variations Brought by Family Control in Taiwan |
| title | Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
| title_full | Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
| title_fullStr | Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
| title_full_unstemmed | Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
| title_short | Ownership Concentration and R&D Investments? Variations
Brought by Family Control in Taiwan
|
| title_sort | ownership concentration and r&d investments? variations
brought by family control in taiwan |
| topic | HD28 Management. Industrial Management |
| url | http://umpir.ump.edu.my/id/eprint/17608/ http://umpir.ump.edu.my/id/eprint/17608/ http://umpir.ump.edu.my/id/eprint/17608/1/6.%20Ownership%20concentration%20and%20R%26D%20investments%20%28%20%20%29%20%20Variations%20brought%20by%20family%20control%20in%20taiwan.pdf |