Do related party transactions promote or depress a firm's investment in organization capital?
DC Field | Value | Language |
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dc.contributor.author | Shin, Ilhang | - |
dc.contributor.author | Lee, Hansol | - |
dc.date.accessioned | 2023-05-28T01:40:08Z | - |
dc.date.available | 2023-05-28T01:40:08Z | - |
dc.date.created | 2023-05-08 | - |
dc.date.issued | 2023-07 | - |
dc.identifier.issn | 0003-6846 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/gachon/handle/2020.sw.gachon/87997 | - |
dc.description.abstract | We examine whether related party transactions influence a firm's investment in organization capital, using a sample of Korean firms from 2001 to 2020. Given that the high magnitude of related party transactions increases a firm's dependence on the captive market within related parties, we hypothesize that a firm's incentives to invest in intangible capital are low when there are heavy related party transactions. We find the negative relationship between related party transactions and a firm's investment in organization capital, consistent with the notion that related party transactions significantly impact the firm's operations. We also find that such a relationship is more pronounced for firms in the high-tech industry and those that are financially weak. | - |
dc.language | 영어 | - |
dc.language.iso | en | - |
dc.publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD | - |
dc.relation.isPartOf | APPLIED ECONOMICS | - |
dc.title | Do related party transactions promote or depress a firm's investment in organization capital? | - |
dc.type | Article | - |
dc.type.rims | ART | - |
dc.description.journalClass | 1 | - |
dc.identifier.wosid | 000934395900001 | - |
dc.identifier.doi | 10.1080/00036846.2023.2174933 | - |
dc.identifier.bibliographicCitation | APPLIED ECONOMICS, v.55, no.31, pp.3661 - 3674 | - |
dc.description.isOpenAccess | N | - |
dc.identifier.scopusid | 2-s2.0-85148293451 | - |
dc.citation.endPage | 3674 | - |
dc.citation.startPage | 3661 | - |
dc.citation.title | APPLIED ECONOMICS | - |
dc.citation.volume | 55 | - |
dc.citation.number | 31 | - |
dc.contributor.affiliatedAuthor | Shin, Ilhang | - |
dc.type.docType | Article | - |
dc.subject.keywordAuthor | Related party transactions | - |
dc.subject.keywordAuthor | organization capital | - |
dc.subject.keywordAuthor | investment | - |
dc.subject.keywordAuthor | intangible assets | - |
dc.subject.keywordAuthor | intangible capital | - |
dc.subject.keywordPlus | IMPACT | - |
dc.subject.keywordPlus | PRODUCTIVITY | - |
dc.subject.keywordPlus | MANAGEMENT | - |
dc.subject.keywordPlus | COMPANIES | - |
dc.subject.keywordPlus | DYNAMICS | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
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