{"title":"董事会结构与研发投入——基于中国IT上市公司的研究","authors":"Zhu Zhaohui, Wang Ding","doi":"10.1109/ISMOT.2012.6679464","DOIUrl":null,"url":null,"abstract":"With the data of the Chinese IT listed companies from 2007 to 2010, this paper investigates the relationship between company's board structure and its R&D investment. The empirical study's result shows that increasing in the size of independent directors, and the board members' stock share are the incentives for the firm to invest in R&D, while increasing the size of board and the relative elder of board members will have a negative effect in firm's R&D investment.","PeriodicalId":329450,"journal":{"name":"2012 International Symposium on Management of Technology (ISMOT)","volume":"128 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2012-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"The board structure and R&D investment — A study on the Chinese listed IT companies\",\"authors\":\"Zhu Zhaohui, Wang Ding\",\"doi\":\"10.1109/ISMOT.2012.6679464\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"With the data of the Chinese IT listed companies from 2007 to 2010, this paper investigates the relationship between company's board structure and its R&D investment. The empirical study's result shows that increasing in the size of independent directors, and the board members' stock share are the incentives for the firm to invest in R&D, while increasing the size of board and the relative elder of board members will have a negative effect in firm's R&D investment.\",\"PeriodicalId\":329450,\"journal\":{\"name\":\"2012 International Symposium on Management of Technology (ISMOT)\",\"volume\":\"128 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2012-11-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2012 International Symposium on Management of Technology (ISMOT)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/ISMOT.2012.6679464\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2012 International Symposium on Management of Technology (ISMOT)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ISMOT.2012.6679464","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The board structure and R&D investment — A study on the Chinese listed IT companies
With the data of the Chinese IT listed companies from 2007 to 2010, this paper investigates the relationship between company's board structure and its R&D investment. The empirical study's result shows that increasing in the size of independent directors, and the board members' stock share are the incentives for the firm to invest in R&D, while increasing the size of board and the relative elder of board members will have a negative effect in firm's R&D investment.