全球智库信息集成服务系统(G2TT): Corporate governance practices and companies' R&D orientation: evidence from European countries.

G2TT

来源类型	Working Paper
规范类型	工作论文
	Corporate governance practices and companies' R&D orientation: evidence from European countries.
	Bruno van Pottelsberghe
发表日期	2011-01-24
出版年	2011
语种	英语
概述	This working paper empirically investigates if corporate governance practices affect the resources firms devote to R&D. The authors Florence Honoré, Federico Munari and Bruno van Pottelsberghe found that an executive remuneration system that is linked to the firm’s financial performance has a particularly strong negative impact on R&D. This confirms the hypothesis that incentive mechanisms […]
摘要	0.3 Mb Download PDF This working paper empirically investigates if corporate governance practices affect the resources firms devote to R&D. The authors Florence Honoré, Federico Munari and Bruno van Pottelsberghe found that an executive remuneration system that is linked to the firm’s financial performance has a particularly strong negative impact on R&D. This confirms the hypothesis that incentive mechanisms lead managers to focus on more predictable and easily measurable short-term activities,ultimately hampering the commitment to innovative projects.
主题	Innovation & Competition Policy
URL	https://bruegel.org/2011/01/corporate-governance-practices-and-companies-rd-orientation-evidence-from-european-countries/
来源智库	Bruegel (Belgium)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/429289
推荐引用方式 GB/T 7714	Bruno van Pottelsberghe. Corporate governance practices and companies' R&D orientation: evidence from European countries.. 2011.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
CorpGov.jpg（54KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
110124_WP_CORPORATE_（293KB）	智库出版物		限制开放	CC BY-NC-SA	浏览