重庆工商大学学报:社会科学版
重慶工商大學學報:社會科學版
중경공상대학학보:사회과학판
Journal of Chongqing Technology and Business University Social Science Edition
2013年
6期
45~52
,共null页
研发强度 董事会特征 私募股权投资基金
研髮彊度 董事會特徵 私募股權投資基金
연발강도 동사회특정 사모고권투자기금
R&D intensity;board characteristics;private equity funds
在竞争激励的环境下,企业生存的关键在于拥有核心竞争力,而核心竞争力在某种程度上与企业研发强度密不可分。本文以84家创业板私募股权投资基金支持企业为样本,研究了企业研发强度与董事会特征的关系,结果发现CEO工作背景、男性董事比例与研发强度正相关,而董事会持股比例、独立董事比例、董事薪酬与研发强度负相关。
在競爭激勵的環境下,企業生存的關鍵在于擁有覈心競爭力,而覈心競爭力在某種程度上與企業研髮彊度密不可分。本文以84傢創業闆私募股權投資基金支持企業為樣本,研究瞭企業研髮彊度與董事會特徵的關繫,結果髮現CEO工作揹景、男性董事比例與研髮彊度正相關,而董事會持股比例、獨立董事比例、董事薪酬與研髮彊度負相關。
재경쟁격려적배경하,기업생존적관건재우옹유핵심경쟁력,이핵심경쟁력재모충정도상여기업연발강도밀불가분。본문이84가창업판사모고권투자기금지지기업위양본,연구료기업연발강도여동사회특정적관계,결과발현CEO공작배경、남성동사비례여연발강도정상관,이동사회지고비례、독립동사비례、동사신수여연발강도부상관。
Under the serious competitive environment, the key to survival and development of a company is the core competence which is closely connected with R&D investment and intensity. In this paper, we choose 84 companies in the growth enterprise market backed by private equity funds as sample to research the relation between R & D intensity and board characteristics. It reveals that CEO background and male director ratio are positively related to R & D intensity. In contrast, board shareholding ratio, independent director ratio and director compensation are negatively related to R & D intensity.