Accounting
Zhixia Cui
Abstract
In order to provide suggestions forthe reform and transformation of coal mining firms, we construct regression models to analyze the impact of innovation capability. Using a sample of coal mining firms listed on the Shanghai and Shenzhen Stock Exchanges in China from 2013 to 2018, and explaining the ...
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In order to provide suggestions forthe reform and transformation of coal mining firms, we construct regression models to analyze the impact of innovation capability. Using a sample of coal mining firms listed on the Shanghai and Shenzhen Stock Exchanges in China from 2013 to 2018, and explaining the innovation capability from three perspectives of R&D intensity, innovation level, and innovation efficiency, this paper is the first to empirically examine the relationship between innovation capability and enterprise profitability, and further investigate the impact of environmental policy on the relationship. We find that the innovation of coal mining firms can effectively promote the improvement of profit growth, especially for the coal mining firms with stronger R&D intensity and higher innovation level. After considering the constraints of environmental policy on coal mining firms, we also find that the greater the intensity of environmental policy, the stronger the positive relationship between R&D intensity and profit growth, which is the effective evidence of applying the Porter’s hypothesis to the high-polluting coal mining firms in China. The conclusions facilitate the managers of coal mining firms to further understand the impact of innovation on profitability. At the same time, the study also provides empirical evidence for policy-makers to stimulate innovation of coal mining firms from the perspective of environmental policy.
Fereshteh Lotfizadeh; Nasibeh Shamsi
Volume 2, Issue 4 , April 2015, , Pages 254-264
Abstract
Moving toward an open and competitive economy requires developing and supporting private sector and establishing small and medium-sized enterprises. This movement requires education, establishing job infrastructure, and knowledge transfer facilities in order to increase small and medium-sized businesses ...
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Moving toward an open and competitive economy requires developing and supporting private sector and establishing small and medium-sized enterprises. This movement requires education, establishing job infrastructure, and knowledge transfer facilities in order to increase small and medium-sized businesses and also to develop entrepreneurship. These enterprises have affected world economy through four channels, i.e. entrepreneurship, innovation and change in technology, dynamism of industry, and eventually, creating job opportunities and increasing income. In the current study, the researcher tries to answer the question that “whether the innovation and marketing abilities, managers’ education, and work experiences have led to an improvement in small and medium-sized enterprises’ performances?” This research is performed using descriptive-survey method. The required information was collected by questionnaire, and descriptive and analytical statistical methods were employed in order to analyze the data by using SPSS. The results of the study indicated that there is a significant and positive relation between the innovation and marketing abilities, managers’ education, work experiences and the performance of small and medium-sized enterprises.