研发投入强度、内部控制与企业绩效--基于产品市场竞争的视角  

R&D Investment Intensity,Internal Control and Enterprise Performance--A perspective based on the product market competition

作　　者：张志花[1] 张笑音 ZHANG Zhi-hua;ZHANG Xiao-yin

机构地区：[1]延边大学经济管理学院,延吉133002

出　　处：《延边大学学报（社会科学版）》2022年第1期133-140,144,共9页Journal of Yanbian University：Social Science Edition

基　　金：吉林省教育厅“十三五”社会科学研究规划项目(JJKH20200549SK)。

摘　　要：企业为了在激烈的市场竞争环境中获得竞争优势,会不断加大研发投入,但是在研发过程中经常会遇到无法预见的困难,导致研发失败,并给企业造成经济损失。通过以2012-2018年沪深A股上市公司为样本,对研发投入强度、内部控制与企业绩效之间的关系进行研究发现,研发投入与当期企业绩效之间呈显著负相关关系;内部控制水平越高,企业研发投入强度越低;进一步研究发现,内部控制能够有效抑制研发投入强度与企业绩效之间的负相关关系,且在高竞争背景下,这种效果更加明显。Enterprise will continue to expand R&D investment in order to gain competitive advantages in the fierce market competition.However,they often encounter unpredictable difficulties in the process of R&D,and may cause R&D failure and economic losses.Based on the sample of Shanghai and Shenzhen A-share listed companies from 2012 to 2018,this paper analyzes the relationship between R&D investment intensity,internal control and enterprise performance.It is found that there is a significant negative correlation between R&D investment and enterprise performance;the higher the level of internal control,the lower the intensity of R&D investment.Further research shows that internal control can effectively inhibit the above negative correlation between R&D investment intensity and enterprise performance,and this effect is more obvious in the group of high competition.

关 键 词：研发投入强度 内部控制 企业绩效 产品市场竞争 

分 类 号：F275[经济管理—企业管理] F273.1[经济管理—国民经济] F832.51F272.5