作者:Bernadette Gral
出版社:Springer
页数:128
出版时间:2014
语言:English
格式:pdf
内容简介:
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.
Table of Content
Front Matter Pages I-XIV
1、Introduction Pages 1-4
2、Methodology Pages 5-16
3、Literature review Pages 17-68
4、Propositions and hypotheses Pages 69-73
5、Empiricalresults Pages 75-98
6、Discussion of the findings Pages 99-104
7、Conclusion and forecast Pages 105-108
Back Matter Pages 109-116
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