The relationship between managerial ownership and firm performance in high R&D firms

By Hui-jie Cui, Y. T. Mak. 2002

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Executive pay dispersion, corporate governance, and firm performance (2008, background): “For example, Cui and Mak (2002) find expensing of R&D will reduce current profitability, however, increase the growth of assets.”
Organization capital and firm life cycle (2018, background): “AC C EP TE D M AN U SC R IP T 12 physical resources with organization capital (Carlin et al. 2012; Cui and Mak 2002), because investment in organization capital can solve their knowledge deficit problems effectively.”
Managerial Ownership and Performance (2009, unknown): “, Cui and Mak (2002) use p=4 and Davies et al.”
Board Independence and Real Earnings Management: The Case of R&D Expenditure (2008, unknown): “This descriptive evidence is similar to that reported by previous UK research, and seems to invalidate the idea that, as a whole, R&D firms have weaker boards of directors (Cui and Mak, 2002).”
Attendance of Board Meetings and Company Performance: Evidence from Taiwan (2013, result): “Leverage, R&D over sale and investment opportunity are negatively and significantly related to firm performance at the 1% level across all specifications, which are similar to the previous findings (Cui and Mak, 2002; Yeh and Woidtke, 2005).”