What is the impact of corporate governance on the food industry at different thresholds of internationalization? A review

Chun-Hsin Chou, Joe-Ming Lee, Ying-Maw Teng and Hsiu-Ling Lee
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Chun-Hsin Chou: School of International Law, China University of Political Science and Law, Beijing, China
Joe-Ming Lee: Department of Applied Economics, Fo Guang University, Yilan County, Taiwan
Ying-Maw Teng: Department of International Business, I-Shou University, Kaohsiung City, Taiwan
Hsiu-Ling Lee: Department of Accounting, I-Shou University, Kaohsiung City, Taiwan

Agricultural Economics, 2021, vol. 67, issue 1, 21-32

Abstract: This research analyzes the dynamic effects of corporate governance, research and development (R&D) innovation, and financial policy on firm business performance under different internationalization threshold structures in Taiwan's food industry during the 2008-2019 period. The results illustrate R&D innovation's negative impact on business performance and the collateralization ratio by directors also has a negative influence. Conversely, the findings reveal that by considering the internationalization threshold effect, at a level of high internationalization, firms have positive influences on R&D innovation, and financial policy has a positive influence on business performance.

Keywords: financial policy; food industry; internationalization threshold; R& D innovation (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:67:y:2021:i:1:id:272-2020-agricecon

DOI: 10.17221/272/2020-AGRICECON

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