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.
| ISBN: | 9783658045517 |
| Publication date: | 27th December 2013 |
| Author: | Bernadette Gral |
| Publisher: | Springer Gabler an imprint of Springer Fachmedien Wiesbaden |
| Format: | Paperback |
| Pagination: | 116 pages |
| Series: | BestMasters |
| Genres: |
Business and Management Entrepreneurship / Start-ups Accounting |
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.
How Financial Slack Affects Corporate Performance features in the following genres: Business and Management, Entrepreneurship / Start-ups, Accounting
Paperback. Not Available.
How Financial Slack Affects Corporate Performance was written by Bernadette Gral and published by Springer Gabler an imprint of Springer Fachmedien Wiesbaden
How Financial Slack Affects Corporate Performance has 116 pages
Yes it is part of BestMasters series