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Product market competition and organization capitalopen access
- Authors
- Shin, Ilhang; Lee, Hansol
- Issue Date
- Mar-2023
- Publisher
- UNIV OVIEDO
- Keywords
- product market competition; organization capital; investment; intangible assets
- Citation
- ECONOMICS AND BUSINESS LETTERS, v.12, no.1, pp.10 - 19
- Journal Title
- ECONOMICS AND BUSINESS LETTERS
- Volume
- 12
- Number
- 1
- Start Page
- 10
- End Page
- 19
- ISSN
- 2254-4380
- Abstract
- This study examines the impact of product market competition on a firm's investment in organization capital using a sample of Korean, listed firms during 2001-2020. As the high product market competition provides firms with incentives to build competitive advantages and increase productivity, we hypothesize that increases in product market competition drive firms to invest in organization capital. We found a positive relationship between product market competition and a firm's investment in organization capital. We also found that such a relationship is more pronounced for firms in the high-tech industry and financially distressed firms.
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Collections - 경영대학 > 경영학부(글로벌경영학) > 1. Journal Articles
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Related Researcher
- Shin, Il Hang
- Business Administration (Divison of Business Administration)