How financial slack affects corporate performance : an examination in an uncertain and resource scarce environment
著者
書誌事項
How financial slack affects corporate performance : an examination in an uncertain and resource scarce environment
（BestMasters）
Springer Gabler, c2014
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注記
Bibliography: p. [109]-116
内容説明・目次
内容説明
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.
目次
Conceptualization and Measurement of Financial Slack.- Relationship between Financial Slack and Corporate Performance.- Impact of Environmental Uncertainty and Munificence on Financial Slack .
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