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020 _a9783658045524
_9978-3-658-04552-4
024 7 _a10.1007/978-3-658-04552-4
_2doi
035 _ato000545316
040 _aSpringer
_cSpringer
_dRU-ToGU
050 4 _aHF4999.2-6182
050 4 _aHD28-70
072 7 _aKJ
_2bicssc
072 7 _aBUS042000
_2bisacsh
082 0 4 _a650
_223
100 1 _aGral, Bernadette.
_eauthor.
_9454058
245 1 0 _aHow Financial Slack Affects Corporate Performance
_helectronic resource
_bAn Examination in an Uncertain and Resource Scarce Environment /
_cby Bernadette Gral.
260 _aWiesbaden :
_bSpringer Fachmedien Wiesbaden :
_bImprint: Springer Gabler,
_c2014.
300 _aXIV, 116 p. 7 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aBestMasters
520 _aBernadette 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.  Contents Conceptualization and Measurement of Financial Slack Relationship between Financial Slack and Corporate Performance Impact of Environmental Uncertainty and Munificence on Financial Slack  Target Groups Researchers, students, and managers in the fields of financial management and accounting  The Author 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.
650 0 _aEconomics.
_9135154
650 0 _aAuditing.
_9135412
650 0 _aEntrepreneurship.
_9131114
650 1 4 _aEconomics/Management Science.
_9247365
650 2 4 _aBusiness/Management Science, general.
_9247366
650 2 4 _aEntrepreneurship.
_9131114
650 2 4 _aAccounting/Auditing.
_9304856
710 2 _aSpringerLink (Online service)
_9143950
773 0 _tSpringer eBooks
830 0 _aBestMasters
_9567407
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-658-04552-4
912 _aZDB-2-BHS
999 _c403370