Management Power, R&amp;D and Enterprise Performance: Moderating Effect Based on Management Competence

Fan Wang; Junqing Quan; Juan Ni

doi:10.47297/wspchrmWSP2040-800501.20211201

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Management Power, R&D and Enterprise Performance: Moderating Effect Based on Management Competence

Volume 12, Issue 1

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Management Power, R&D and Enterprise Performance: Moderating Effect Based on Management Competence
Management Power, R&D and Enterprise Performance: Moderating Effect Based on Management Competence
1.School of Accounting, Zhejiang Gongshang University, Hangzhou 310018, China
2.Audit Science Institute, National Audit Office of P.R. China
3.School of Accounting, Zhejiang Gongshang University, Hangzhou 310018, P.R. China
4.School of Public Finance and Taxation, Zhongnan University of Economics and Law, Wuhan 430073, P.R. China
Vol. 12, Issue 1, Pages: 3-17(2021)
Published： 2021 ，
DOI：10.47297/wspchrmWSP2040-800501.20211201
Accepted：

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FAN WANG, JUNQING QUAN & JUAN NI. (2021). Management Power, R&D and Enterprise Performance: Moderating Effect Based on Management Competence. Journal of Chinese Human Resources Management, 12(1), 3-17..
DOI：

FAN WANG, JUNQING QUAN & JUAN NI. (2021). Management Power, R&D and Enterprise Performance: Moderating Effect Based on Management Competence. Journal of Chinese Human Resources Management, 12(1), 3-17.. DOI： 10.47297/wspchrmWSP2040-800501.20211201.

摘要

Abstract

Purpose

This paper studies the relationship between management power

R&D and enterprise performance by selecting A-share listed companies in Shenzhen and Shanghai from 2007 to 2016.

Design/methodology/approach

OLS regression

Findings

The results show that management power is positively correlated with enterprise performance. There is a significant positive correlation between management power and R&D. That is

the more power the management has

the more likely it is to invest in venture capital and the more decision-making power it has

and the more attention it pays to achieve long-term development through R&D and innovation. R&D has a partially mediating effect between management power and enterprise performance. In addition

this paper also verifies that since R&D still has an impact on firm performance in the subsequent period

this mediating effect still holds in the subsequent period. Management ability has a positive moderating effect on the mediating effect of management power on firm performance through R&D. The moderating path is the first half of the mediating effect

that is

the stronger the management ability is

the more attention the management with power attaches to improving enterprise performance through increasing R&D.

Originality/value

This article confirms that management power is positively correlated with enterprise performance

关键词

Keywords

Management powerR&DEnterprise performance

references

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Wen Zhonglin, Ye Baojuan. Analysis of mediating effects: Methods and model development [J]. Journal of Psychology, 2014, 22(05): 731-745.

Wen Zhonglin, Ye Baojuan. Moderating intermediary model testing: competition or substitute? [J]. Journal of Psychology, 2014, 46(05): 714-726.

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Management Power, R&D and Enterprise Performance: Moderating Effect Based on Management Competence

DOI：10.47297/wspchrmWSP2040-800501.20211201

摘要

Abstract

关键词

Keywords

references