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How Financial Slack Affects Corporate Performance
Bernadette Gral
€ 71.15
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Description for How Financial Slack Affects Corporate Performance
Paperback. Series: BestMasters. Num Pages: 130 pages, 7 black & white illustrations, 12 black & white tables, biography. BIC Classification: KJMV1; KNDP. Category: (P) Professional & Vocational. Dimension: 210 x 148 x 8. Weight in Grams: 183.
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.
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.
Product Details
Format
Paperback
Publication date
2013
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
130
Condition
New
Series
BestMasters
Number of Pages
116
Place of Publication
, Germany
ISBN
9783658045517
SKU
V9783658045517
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Bernadette Gral
Bernadette Gral studied Controlling, Business Accountancy and Financial Management at the University of Applied Sciences Upper Austria/Steyr. She works as a consultant in the fields of finance and accounting.
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