Published January 15, 2022
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IMPACT OF OWNERSHIP STRUCTURE ON R&D INTENSITY: THE STUDY OF INDIAN FIRMS
Creators
- 1. Research Scholar, Department of Commerce, School of Business Studies, University of Kashmir.
- 2. Professor, Department of Commerce, School of Business Studies, University of Kashmir.
Description
Investment in R&D has become one of the crucial factors in the survival and competitiveness of firms. Using a sample of 139 Indian firms, the study examines the significance of ownership structure concerning R&D intensity. Results indicate that indeed concentration, as well as, the identity of the investor matters when it comes to strategic decisions like investing in R&D. In that respect ownership concentration has a positive impact, whereas by identity, family shareholders and FIIs exert a positive impact on R&D identity, however, domestic institutional investors of both short-term and long-term have no such effect.
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