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La fonction R&D et la latitude managériale: une analyse théorique

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  • Mehdi Nehkili
  • Evelyne Poincelot

    (Université de Bourgogne)

Abstract

The R&D function presents virtues well-known for their creation of value as well as a source of manipulation of the rent which ends up to be favourable to the leaders and prejudicial to some stakeholders. This proposition is particularly sustainable because in the firms which invest much in R&D, the traditional means used to control and give incentives to leaders are particularly reduced. Some empirical studies, with different aims, tend to demonstrate that investment in R&D field is an uncontrolled decision for the top management.

Suggested Citation

  • Mehdi Nehkili & Evelyne Poincelot, 2000. "La fonction R&D et la latitude managériale: une analyse théorique," Revue Finance Contrôle Stratégie, revues.org, vol. 3(1), pages 5-28, March.
    • Handle: RePEc:dij:revfcs:v:3:y:2000:i:q1:p:5-28
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    References listed on IDEAS

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    Cited by:

    1. Rihab Guidara & Younes Boujelbene, 2014. "Earnings Management around Research and Development Manipulation," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(2), pages 26-37, April.
    2. repec:asi:ajoerj:2014:p:468-487 is not listed on IDEAS
    3. Adel BOUBAKER & Mediha MEZHOUD, 2012. "Impact Of Internal Governance Mechanisms On The Ipo Long Term Performance," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 10, pages 129-146, December.
    4. Iskandar REBAI, 2011. "Institutional Investors Heterogeneity And Earnings Management: The R&D Investment Strategy," International Journal of Business Research and Management (IJBRM), Computer Science Journals (CSC Journals), vol. 1(3), pages 122-131, February.
    5. Constant Djama & Guillaume Dumas & Isabelle Martinez, 2011. "L'innovation : une incitation à la gestion des résultats ?," Post-Print hal-00650418, HAL.
    6. Laurence Godard, 2010. "Les comités stratégiques et l’innovation dans les entreprises françaises," Revue Finance Contrôle Stratégie, revues.org, vol. 13(1), pages 99-121., March.
    7. Constant Djama & Guillaume Dumas & Isabelle Martinez, 2013. "Entreprises innovantes et gestion des résultats comptables," Post-Print hal-01002932, HAL.

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    More about this item

    Keywords

    R&D; managerial discretion; rent; stakeholders;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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