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Author Gral, Bernadette, author.

Title How financial slack affects corporate performance : an examination in an uncertain and resource scarce environment / Bernadette Gral ; with a foreword by Dr. Othmar Lehner.

Published Wiesbaden : Springer Gabler, 2014.


Location Call No. Status
Physical description 1 online resource (xiv, 116 pages) : illustrations.
Series BestMasters
Bibliography Includes bibliographical references.
Summary Bernadette Gral examines the relationship between financial slack and corporate performance in the European pharmaceutical industry during the financial crisis of 2007 to 2010. Her investigation includes correlational and regression analyses as well as the qualitative content analysis of newspaper articles. The results show that financial slack influences corporate performance measured as ROA based on net income, thus implying that firms use slack resources to enhance performance during crises. The findings support the arguments for a beneficial effect of financial slack on performance according to the resource based view and behavioral theory of the firm.
Language notes Foreword in German.
Notes Description based on online resource; title from PDF title page (SpringerLink, viewed January 6, 2014).
Other author Lehner, Othmar, writer of supplementary textual content.
Subject Corporations -- Finance.
Pharmaceutical industry -- Europe -- Management.
BUSINESS & ECONOMICS / Industries / General
Electronic books.
ISBN 9783658045524 (electronic bk.)
3658045523 (electronic bk.)
Standard Number 10.1007/978-3-658-04552-4