Rent appropriation of knowledge-based assets and firm performance when institutions are weak: A study of Chinese publicly listed firms

Rent appropriation of knowledge-based assets and firm performance when institutions are weak: A study of Chinese publicly listed firms

A firm's strategic investments in knowledge-based assets through research and development (R&D) can generate economic rents for the firm, and thus are expected to affect positively a firm's financial performance. However, weak protection of minority shareholders, weak property rights,...

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Bibliographic Details
Main Authors: QIAN, Cuili, WANG, Heli, GENG, Xuesong, YU, Yangxin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2017
Subjects:
research and development
rent appropriation
principal-principal conflict
managerial discretion
transition economies
China
Asian Studies
Organizational Behavior and Theory
Strategic Management Policy
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4940
https://ink.library.smu.edu.sg/context/lkcsb_research/article/5939/viewcontent/Strategic_Management_Journal___2016___Qian___Rent_appropriation_of_knowledge_based_assets_and_firm_performance_when.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/lkcsb_research/4940
https://ink.library.smu.edu.sg/context/lkcsb_research/article/5939/viewcontent/Strategic_Management_Journal___2016___Qian___Rent_appropriation_of_knowledge_based_assets_and_firm_performance_when.pdf

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