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How Financial Slack Affects Corporate Performance

Language EnglishEnglish
Book Paperback
Book How Financial Slack Affects Corporate Performance Bernadette Gral
Libristo code: 02302562
Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, December 2013
Bernadette Gral examines the relationship between financial slack and corporate performance in the E... Full description
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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.

About the book

Full name How Financial Slack Affects Corporate Performance
Author Bernadette Gral
Language English
Binding Book - Paperback
Date of issue 2013
Number of pages 116
EAN 9783658045517
ISBN 3658045515
Libristo code 02302562
Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Weight 1806
Dimensions 148 x 210 x 7

Categories

Economics, Finance, Business & Management > Business & Management > Management & management techniques > Management of specific areas > Budgeting & financial management
Economics, Finance, Business & Management > Finance & accounting > Accounting > Management accounting & bookkeeping
Economics, Finance, Business & Management > Business & Management > Entrepreneurship
Economics, Finance, Business & Management > Industry & industrial studies > Manufacturing industries
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