沙特阿拉伯的企业研发支出:ceo的权力重要吗?

IF 3 Q2 BUSINESS

Vision-The Journal of Business Perspective Pub Date : 2023-02-12 DOI:10.1177/09722629221147118

Fadhila Hamza, Souha Ben Gamra

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引用次数: 1

摘要

本文研究了沙特阿拉伯首席执行官(CEO)权力对研发(R&D)支出的影响。主要研究ceo权力(所有权权力、结构权力和专家权力)对其风险承担行为的影响。从经验上看，我们使用了一个面板模型，其中包含了2016年至2019年上市的60家沙特公司的样本数据。我们建立了五个模型，利用OLS回归检验了权力指标对研发支出的直接效应和调节效应。研究结果表明，沙特公司提拔任期短、没有所有权的内部ceo更具创新性。这些结果对研究人员和投资者了解他们在选择领导者实施创新计划时应该考虑什么样的权力，从而确保公司的长期增长具有重要意义。

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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Corporate Research and Development Expenditures in Saudi Arabia: Does CEOs’ Power Matter?

This article investigates the impact of the chief executive officer’s (CEO’s) power on research and development (R&D) expenditures in Saudi Arabia. Mainly, it studies the influence of CEOs’ power (ownership power, structural power and expert power) on their risk-taking behaviour. Empirically, we used a panel model with data from a sample of 60 Saudi firms listed from 2016 to 2019. We developed five models to examine both the direct and moderating effects of the power indicators on R&D expenditures using OLS regression. Findings demonstrate that Saudi firms promoting insider CEOs with short tenure and no ownership are more innovative. These results have great implications for researchers and investors to understand what kind of power they should consider when selecting leaders to carry out innovation plans and thus ensure long-term firm growth.

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来源期刊

Vision-The Journal of Business Perspective Multiple-

CiteScore

4.60

自引率

0.00%

发文量

121

期刊介绍： Vision-The Journal of Business Perspective is a quarterly peer-reviewed journal of the Management Development Institute, Gurgaon, India published by SAGE Publications. This journal contains papers in all functional areas of management, including economic and business environment. The journal is premised on creating influence on the academic as well as corporate thinkers. Vision-The Journal of Business Perspective is published in March, June, September and December every year. Its targeted readers are researchers, academics involved in research, and corporates with excellent professional backgrounds from India and other parts of the globe. Its contents have been often used as supportive course materials by the academics and corporate professionals. The journal has been providing opportunity for discussion and exchange of ideas across the widest spectrum of scholarly opinions to promote theoretical, empirical and comparative research on problems confronting the business world. Most of the contributors to this journal range from the outstanding and the well published to the upcoming young academics and corporate functionaries. The journal publishes theoretical as well as applied research works.