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Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Pharmaceutical industries

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How Financial Slack Affects Corporate Performance - An Examination in an Uncertain and Resource Scarce Environment (Paperback, 2014 ed.) Loot Price: R1,653
Discovery Miles 16 530
How Financial Slack Affects Corporate Performance - An Examination in an Uncertain and Resource Scarce Environment (Paperback,...

How Financial Slack Affects Corporate Performance - An Examination in an Uncertain and Resource Scarce Environment (Paperback, 2014 ed.)

Bernadette Gral

Series: BestMasters

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Loot Price R1,653 Discovery Miles 16 530 | Repayment Terms: R155 pm x 12*

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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.

General

Imprint: Springer Gabler
Country of origin: Germany
Series: BestMasters
Release date: December 2013
First published: 2014
Authors: Bernadette Gral
Dimensions: 210 x 148 x 8mm (L x W x T)
Format: Paperback
Pages: 116
Edition: 2014 ed.
ISBN-13: 978-3-658-04551-7
Categories: Books > Business & Economics > Business & management > Management of specific areas > Budgeting & financial management
Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Pharmaceutical industries
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LSN: 3-658-04551-5
Barcode: 9783658045517

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