图书名称:How Financial Slack Affects Corporate Performance
作者:Bernadette Gral
出版社:Springer 
页数:128
出版时间:2014                           
语言:English 
格式:pdf
 内容简介:
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.
Table of Content
Front Matter   Pages I-XIV
1、Introduction   Pages 1-4
2、Methodology   Pages 5-16
3、Literature review   Pages 17-68
4、Propositions and hypotheses    Pages 69-73
5、Empiricalresults   Pages 75-98
6、Discussion of the findings   Pages 99-104
7、Conclusion and forecast   Pages 105-108
Back Matter   Pages 109-116
 
 
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