The Investigation of the Nonlinear U-shaped Impacts of Human Capital and Innovative Capital on Corporate Performance

Autor: HUANG, CHIH-SHENG, 黃智勝
Rok vydání: 2016
Druh dokumentu: 學位論文 ; thesis
Popis: 104
This study intends to investigate the nonlinear U-shaped impacts of human capital and innovative capital on corporate performance. The annual data consists of 471 firms and a total of 3,764 observations, ranging from 2005 to 2014, of listed TSE/OTC technological firms. The anlytical statistical methods of nonlinear regression models are applied. The research findings are summarized as follows: The human capital, in current year, past two years or past three years, demostrates a nonlinear (reversed) U-shaped relationship on corporate performance indicating a moderate investment on human capital is necessary for maximing corporate performance. The innovative capital, in current year, past two years or past three years, also demostrates a nonlinear (reversed) U-shaped relationship on corporate performance indicating a moderate investment on innovative capital is necessary for maximing corporate performance.
Databáze: Networked Digital Library of Theses & Dissertations