E3S Web Conf.
Volume 275, 20212021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|Number of page(s)||5|
|Section||Environmental Protection and Governance Innovation Technology Research|
|Published online||21 June 2021|
Executive Equity Incentive, R&D Investment and Enterprise Performance-empirical research based on economic innovation
School of Economics and Management, Foshan University, Foshan, China
* Corresponding author: email@example.com
With the vigorous implementation of China’s economic innovation and transformation and the deepening of market-oriented reform, “innovation driven” is an important national strategy to realize China’s economic transformation and upgrading and sustainable development. This paper takes the manufacturing listed enterprises in 2009-2019 as the research sample, and selects multiple regression and hierarchical regression analysis methods to study the data of the proportion of senior executives’ shareholding, the ratio of R&D expenditure to operating income and the rate of return on total assets. This paper discusses the relationship among executive equity incentive, R&D investment and enterprise performance. The empirical results show that: executive equity incentive has a significant positive effect on R&D investment. There is a significant positive correlation between the proportion of executives’ shareholding and the growth of corporate performance; R&D investment plays a partial mediating role between executive equity incentive and firm performance.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.