产品市场竞争与组织资本

IF 0.9 Q3 ECONOMICS

Economics and Business Letters Pub Date : 2023-03-26 DOI:10.17811/ebl.12.1.2023.10-19

Ilhang Shin, Hansol Lee

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引用次数: 0

摘要

本研究以2001-2020年韩国上市公司为样本，探讨产品市场竞争对企业组织资本投资的影响。由于高产品市场竞争为企业提供了建立竞争优势和提高生产率的激励，我们假设产品市场竞争的增加推动了企业对组织资本的投资。我们发现产品市场竞争与企业的组织资本投入呈正相关。我们还发现，这种关系在高科技企业和财务困境企业中更为明显。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Product market competition and organization capital

This study examines the impact of product market competition on a firm’s investment in organization capital using a sample of Korean, listed firms during 2001–2020. As the high product market competition provides firms with incentives to build competitive advantages and increase productivity, we hypothesize that increases in product market competition drive firms to invest in organization capital. We found a positive relationship between product market competition and a firm’s investment in organization capital. We also found that such a relationship is more pronounced for firms in the high-tech industry and financially distressed firms.

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来源期刊

Economics and Business Letters ECONOMICS-

CiteScore

1.80

自引率

11.10%

发文量

期刊介绍： Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.