TY - JOUR
T1 - Investigating the relationships between CEO duality, shareholding and entrepreneurial performance
T2 - The mediating effect of R&D intensity
AU - Vivian Chen, Chun His
AU - Dj Cheng, Tao Yu
PY - 2011/10
Y1 - 2011/10
N2 - This study aims to explore the mediating effect of R&D intensity (RDI) on the relationships between chief executive officer (CEO) duality, shareholding and firm performance. One hundred twenty-seven companies in the semiconductor industry are included in this study. Statistical approaches on three years of data (2006-2008) are used to examine the theoretical model. It is found that CEO duality and shareholding have positive and significant effects on RDI. On the contrary, CEO duality and shareholding have significant and yet negative effects on firm performance. In addition, RDI mediates the relationships between CEO duality, shareholding and firm performance. It is argued that the effect of RDI on firm performance is not easily predicted in areas of overspill or time lag, due to market competitiveness or time constraint. Suggestions and recommendations for future research are discussed.
AB - This study aims to explore the mediating effect of R&D intensity (RDI) on the relationships between chief executive officer (CEO) duality, shareholding and firm performance. One hundred twenty-seven companies in the semiconductor industry are included in this study. Statistical approaches on three years of data (2006-2008) are used to examine the theoretical model. It is found that CEO duality and shareholding have positive and significant effects on RDI. On the contrary, CEO duality and shareholding have significant and yet negative effects on firm performance. In addition, RDI mediates the relationships between CEO duality, shareholding and firm performance. It is argued that the effect of RDI on firm performance is not easily predicted in areas of overspill or time lag, due to market competitiveness or time constraint. Suggestions and recommendations for future research are discussed.
KW - CEO duality
KW - Enterprise development
KW - Firm performance
KW - R&D
KW - Shareholding
UR - http://www.scopus.com/inward/record.url?scp=80054006867&partnerID=8YFLogxK
U2 - 10.1504/IJMED.2011.042972
DO - 10.1504/IJMED.2011.042972
M3 - 期刊論文
AN - SCOPUS:80054006867
SN - 1468-4330
VL - 11
SP - 52
EP - 68
JO - International Journal of Management and Enterprise Development
JF - International Journal of Management and Enterprise Development
IS - 1
ER -