Using panel data analysis, this paper considers the impact of governance provisions on firm’sR&D investment decisions. The current paper also contributes to the literature on corporategovernance and innovation by introducing an interaction dimension which captures theinfluence that internationalization of U.S. firms may have on R&D investment decisions. Basedon a sample of 627 U.S. firms for the years 2008-2016 this paper’s results suggest thatgovernance provisions do not nurture or impede R&D investments, and therefore the resultscasts doubt on the existence of a relationship between governance provisions and R&Dintensity. The current paper’s findings also suggest that proposed effects of internationalizationdo not modify the relationship between entrenchment and R&D for U.S. firms.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:uu-357789 |
| Date | January 2018 |
| Creators | Weeder, David |
| Publisher | Uppsala universitet, Företagsekonomiska institutionen |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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