The effects of owner identity and external governance systems on R&D investments: A study of Western European firms

By Federico Munari, R. Oriani, Maurizio Sobrero. 2010

333 citations recorded by the source corpus.

Subfields: Accounting, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/1137f7846f1c881b3c8217e31af32717fb2ecf7b

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In Organizational Behavior and Human Resource Management

Citations in the corpus

Public Governance, Corporate Governance, and Firm Innovation: An Examination of State-Owned Enterprises (2019, neutral): “Several researchers argued that states are long-term oriented and use SOEs to achieve their goals, such as building innovative capabilities (Munari et al., 2010).”
Project governance: Balancing control and trust in dealing with risk (2015, neutral): “…research, including the use of an underdeveloped scale to gauge accountability for benefit realization, data collection at a single point in time, and the application of principal-agent theory which has been the subject of some criticisms in the literature (for example, s e Munari et al. 2010).”
Research and Development, Cash Flow, Agency and Governance: UK large companies (2012, background): “The innovation literature is accumulating studies in respect of ownership structure (Calderini et al 2003; Munari et al 2010); the role of short termism and finance ( Hall 2002, O’Sullivan 2005, Demirag and Doi 2007); or of board composition and design (Munari and Sobrero 2003; Kor 2006).”
Innovation and Family Ownership: Empirical Evidence from India (2014, background): “For instance, Munari, Oriani, and Sobrero (2010) show that managers are likely to prefer a firm’s resources to low-risk R&D projects.”
Corporate governance practices and companies’ R&D intensity: Evidence from European countries (2015, background): “A growing stream of empirical research has assessed the effect of corporate governance practices on innovation, particularly focusing on what concerns firms’ R&D intensity levels (Lee and O’Neil, 2003; Munari et al., 2010; Aghion et al., 2009; Driver and Coelho Guedes, 2012).”
Economic and Technological Importance of Innovations in Large Family and Founder Firms (2013, background): “Most studies have merely provided evidence that ownership concentration influences R&D expenses, which mirrors innovation input (Block, 2012; Chrisman & Patel, 2012; Hill & Snell, 1988; Lee & O’Neill, 2003; Munari et al., 2010).”
Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research (2018, background): “…investments is attributable to the fact that this form of investment takes a long time to pay off and entails the possibility of failure in achieving the expected goals (Block et al. 2013), a circumstance that is potentially incompatible with typical FF loss and risk aversion (Munari et al. 2010).”
The Ability and Willingness Paradox in Family Firm Innovation (2015, methodology): “Regarding key inputs of the innovation process, the theoretical and empirical literature is generally consistent in pointing to a negative relationship between family governance and investments in R&D (e.g., Block, 2012; Chen and Hsu, 2009; Munari et al., 2010).”