{"product_id":"how-financial-slack-affects-corporate-performance-an-examination-in-an-uncertain-and-resource-scarce-environment-9783658045517","title":"How Financial Slack Affects Corporate Performance: An Examination in an Uncertain and Resource Scarce Environment","description":"\u003cp\u003e • Author(s): Bernadette Gral\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Springer Gabler\u003cbr\u003e • BISAC: Management Science\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eBernadette 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.\u003c\/p\u003e\u003cp\u003e \u003cb\u003eContents\u003c\/b\u003e\u003cb\u003e\u003c\/b\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eConceptualization and Measurement of Financial Slack\u003c\/li\u003e\n\u003cli\u003eRelationship between Financial Slack and Corporate Performance\u003c\/li\u003e\n\u003cli\u003eImpact of Environmental Uncertainty and Munificence on Financial Slack\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e \u003cb\u003eTarget Groups\u003c\/b\u003e\u003c\/p\u003e\u003cul\u003e\u003cli\u003eResearchers, students, and managers in the fields of financial management and accounting\u003c\/li\u003e\u003c\/ul\u003e\u003cp\u003e \u003cb\u003eThe Author\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eBernadette 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.\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Paperback","offer_id":45274278396055,"sku":"9783658045517","price":3672.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783658045517.webp?v=1769279446","url":"https:\/\/atlanticbooks.com\/products\/how-financial-slack-affects-corporate-performance-an-examination-in-an-uncertain-and-resource-scarce-environment-9783658045517","provider":"Atlantic Books","version":"1.0","type":"link"}