BestMasters

How Financial Slack Affects Corporate Performance

An Examination in an Uncertain and Resource Scarce Environment

Authors: Gral, Bernadette

  • Publication in the field of economic sciences

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eBook $69.99
price for USA (gross)
  • ISBN 978-3-658-04552-4
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $89.99
price for USA
  • ISBN 978-3-658-04551-7
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About this book

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.

About the authors

Bernadette Gral studied Controlling, Business Accountancy and Financial Management at the University of Applied Sciences Upper Austria/Steyr. She works as a consultant in the fields of finance and accounting.

Table of contents (7 chapters)

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-658-04552-4
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $89.99
price for USA
  • ISBN 978-3-658-04551-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
How Financial Slack Affects Corporate Performance
Book Subtitle
An Examination in an Uncertain and Resource Scarce Environment
Authors
Series Title
BestMasters
Copyright
2014
Publisher
Gabler Verlag
Copyright Holder
Springer Fachmedien Wiesbaden
eBook ISBN
978-3-658-04552-4
DOI
10.1007/978-3-658-04552-4
Softcover ISBN
978-3-658-04551-7
Edition Number
1
Number of Pages
XIV, 116
Number of Illustrations and Tables
7 b/w illustrations
Topics