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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.

Publication Info. Wiesbaden : Springer Gabler, 2014.

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 University of Saint Joseph: Pope Pius XII Library - Internet  WORLD WIDE WEB E-BOOK SPRINGER    Downloadable
University of Saint Joseph patrons, please click here to access this SpringerLink resource
Description 1 online resource (xiv, 116 pages) : illustrations.
Series BestMasters
BestMasters.
Language Foreword in German.
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.
Note Description based on online resource; title from PDF title page (SpringerLink, viewed January 6, 2014).
Subject Corporations -- Finance.
Pharmaceutical industry -- Europe -- Management.
Economics/Management Science.
Business/Management Science, general.
Entrepreneurship.
Accounting/Auditing.
BUSINESS & ECONOMICS / Industries / General
Corporations -- Finance. (OCoLC)fst00879841
Pharmaceutical industry -- Management. (OCoLC)fst01060159
Europe. (OCoLC)fst01245064
Genre/Form Electronic books.
Electronic books.
Added Author Lehner, Othmar, writer of supplementary textual content.
Other Form: Print version: How financial slack affects corporate performance : an examination in an uncertain and resource scarce environment. Wiesbaden, [Germany] : Springer Gabler, c2014 xiv, 116 pages BestMasters 9783658045517 2013955626
ISBN 9783658045524 (electronic bk.)
3658045523 (electronic bk.)
Standard No. 10.1007/978-3-658-04552-4 doi
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