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Author:David, P.
Hitt, M.A.
Gimeno, J.
Title:The influence of activism by institutional investors on R&D
Journal:Academy of Management Journal
2001 : FEB, VOL. 44:1, p. 144-157
Index terms:INVESTORS
R&D
R&D PLANNING
Language:eng
Abstract:Researchs have assumed that large ownership stakes held by institutional investors grant them power to influence R&D investments. The authors found that ownership alone was insufficient and that institutions resorted to activism to influence R&D investments. Institutional activism increased R&D inputs over both the short and long terms.
SCIMA record nr: 221372
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