【摘要】 以沪深两市2007～2009年披露R&D支出的高科技行业上市公司为研究对象,尝试超越传统的输入-输出(I-O)模式,探索董事会行为的影响因素——董事会信息异质性对企业研发战略的影响。实证研究结果表明,董事会职能背景异质性与R&D支出正相关,董事会教育程度异质性与R&D支出负相关,董事会行业背景异质性对R&D支出没有显著影响。更多还原

【Abstract】 This paper empirically investigates the relationship between the board information heterogeneity and corporate R&D expenditure based on the relevant data of hi-tech industrial listed firms in China from 2007 to 2009.Main findings are as follows:there is a positive correlation between board’s functional background heterogeneity and R&D expenditure;there is a negative correlation between board’s educational level heterogeneity and R&D expenditure;there is no significant influence between board industrial background heterogeneity and R&D expenditure.更多还原