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29 September 2020 Effects of Corporate Governance on R&D Investment in Marine Technology Enterprises
Shanshan Gu
Author Affiliations +
Abstract

Gu, S.S., 2020. Effects of corporate governance on R&D investment in marine technology enterprises. In: Al-Tarawneh, O. and Megahed, A. (eds.), Recent Developments of Port, Marine, and Ocean Engineering. Journal of Coastal Research, Special Issue No. 110, pp. 167–170. Coconut Creek (Florida), ISSN 0749-0208.

Science and technology is the core driving force of social and economic development. The technological innovation of marine technology enterprises plays a radiating role in promoting the development of marine economy. This paper aims to study the effects of corporate governance on R&D investment in marine technology enterprises. To this end, the data statistical analysis and Pearson correlation analysis were conducted to test the relationship between corporate governance and R&D investment. The research results show that non-state-owned equity is more conducive to the R&D investment of marine technology enterprises; the intensity of R&D investment and the concentration of equity show an irregular M-type; the board size and the R&D investment are negatively correlated; the board independence and the R&D investment are positively correlated; the executive shareholding and leadership structure are positively correlated with R&D investment intensity. The research findings enrich the connotation of corporate governance theory, and have important practical significance for promoting the development of marine technology enterprises and accelerating China's strategy of achieving a marine power.

©Coastal Education and Research Foundation, Inc. 2020
Shanshan Gu "Effects of Corporate Governance on R&D Investment in Marine Technology Enterprises," Journal of Coastal Research 110(sp1), 167-170, (29 September 2020). https://doi.org/10.2112/JCR-SI110-040.1
Received: 4 April 2020; Accepted: 6 June 2020; Published: 29 September 2020
KEYWORDS
corporate governance
Empirical analysis
Marine technology enterprises
R&D investment
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