R&D investment and future firm performance: The role of managerial overconfidence and government ownership

We investigate the relationship among managerial overconfidence (MO), government ownership, and research and development (R&D) investment using data from Vietnamese public companies for the period 2007–2016. We also investigate how R&D investment, given MO and government ownership, affect fu...

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Main Authors: Tebourbi, Imen, Irene, Wei Kiong Ting, Le, Hanh Thi My, Qian, Long Kweh
Format: Article
Language:English
Published: John Wiley & Sons, Ltd. 2020
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/28371/
http://umpir.ump.edu.my/id/eprint/28371/1/R%26D%20investment%20and%20future%20firm%20performance.pdf
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author Tebourbi, Imen
Irene, Wei Kiong Ting
Le, Hanh Thi My
Qian, Long Kweh
author_facet Tebourbi, Imen
Irene, Wei Kiong Ting
Le, Hanh Thi My
Qian, Long Kweh
author_sort Tebourbi, Imen
building UMP Institutional Repository
collection Online Access
description We investigate the relationship among managerial overconfidence (MO), government ownership, and research and development (R&D) investment using data from Vietnamese public companies for the period 2007–2016. We also investigate how R&D investment, given MO and government ownership, affect future firm performance. Our results indicate that MO and government ownership are positively related to R&D investment. Conceptually, this study investigates novel factors affecting of R&D investment and their role in improving firm performance. Overall, this study emphasizes the importance of R&D investment in the corporate world, improving firm performance and, ultimately, economic prosperity.
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institution Universiti Malaysia Pahang
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language English
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publishDate 2020
publisher John Wiley & Sons, Ltd.
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spelling ump-283712022-05-25T02:46:23Z http://umpir.ump.edu.my/id/eprint/28371/ R&D investment and future firm performance: The role of managerial overconfidence and government ownership Tebourbi, Imen Irene, Wei Kiong Ting Le, Hanh Thi My Qian, Long Kweh HD28 Management. Industrial Management We investigate the relationship among managerial overconfidence (MO), government ownership, and research and development (R&D) investment using data from Vietnamese public companies for the period 2007–2016. We also investigate how R&D investment, given MO and government ownership, affect future firm performance. Our results indicate that MO and government ownership are positively related to R&D investment. Conceptually, this study investigates novel factors affecting of R&D investment and their role in improving firm performance. Overall, this study emphasizes the importance of R&D investment in the corporate world, improving firm performance and, ultimately, economic prosperity. John Wiley & Sons, Ltd. 2020 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/28371/1/R%26D%20investment%20and%20future%20firm%20performance.pdf Tebourbi, Imen and Irene, Wei Kiong Ting and Le, Hanh Thi My and Qian, Long Kweh (2020) R&D investment and future firm performance: The role of managerial overconfidence and government ownership. Management Decision and Economics. pp. 1-13. ISSN 1099-1468. (In Press / Online First) (In Press / Online First) https://doi.org/10.1002/mde.3173 https://doi.org/10.1002/mde.3173
spellingShingle HD28 Management. Industrial Management
Tebourbi, Imen
Irene, Wei Kiong Ting
Le, Hanh Thi My
Qian, Long Kweh
R&D investment and future firm performance: The role of managerial overconfidence and government ownership
title R&D investment and future firm performance: The role of managerial overconfidence and government ownership
title_full R&D investment and future firm performance: The role of managerial overconfidence and government ownership
title_fullStr R&D investment and future firm performance: The role of managerial overconfidence and government ownership
title_full_unstemmed R&D investment and future firm performance: The role of managerial overconfidence and government ownership
title_short R&D investment and future firm performance: The role of managerial overconfidence and government ownership
title_sort r&d investment and future firm performance: the role of managerial overconfidence and government ownership
topic HD28 Management. Industrial Management
url http://umpir.ump.edu.my/id/eprint/28371/
http://umpir.ump.edu.my/id/eprint/28371/
http://umpir.ump.edu.my/id/eprint/28371/
http://umpir.ump.edu.my/id/eprint/28371/1/R%26D%20investment%20and%20future%20firm%20performance.pdf