The moderating effects of external monitors on the relationship between R&D spending and firm performance

By S. Le, Bruce A. Walters, Mark Kroll. 2006

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Do the Type and Number of Blockholders Influence R&D Investments? New evidence from Spain (2007, background): “Le et al. (2006) recognised the importance of the presence of different institutional investors like pension funds in moderating positively the impact of R&D investments on performance.”
Institutional investors, shareholder activism, and earnings management (2011, background): “The ability of the audit committee to oversee the accuracy of financial reporting is a function of its composition, in particular whether the directors are independent from the firm's management (Baysinger & Hoskisson, 1990; Klein, 2002, Le et al., 2006).”
The role of internationalization in explaining innovation performance (2008, background): “…a moderator, one should examine whether the regression coefficient between the dependent and independent variables is a function of that moderator (Le et al., 2006), i.e. in ARTICLE IN PRESS M.I. Kafouros et al. / Technovation 28 (2008) 63–7468 statistical terms, that the corresponding…”
Economic and Technological Importance of Innovations in Large Family and Founder Firms (2013, background): “Le, Walters, and Kroll (2006) find that influential external monitors had a positive impact on R&D efforts and firm performance.”