How does the economic policy uncertainty affect the relationship between financial slack and firm performance in emerging countries?
dc.authorid | Didin Sonmez, Fatma/0000-0002-6643-6646 | |
dc.authorwosid | Tournus, Pinar/KBD-2597-2024 | |
dc.authorwosid | Didin Sonmez, Fatma/HSA-6336-2023 | |
dc.contributor.author | Tournus, Pinar Sener | |
dc.contributor.author | Didin-Sonmez, Fatma | |
dc.contributor.author | Akben-Selcuk, Elif | |
dc.date.accessioned | 2024-07-18T20:40:02Z | |
dc.date.available | 2024-07-18T20:40:02Z | |
dc.date.issued | 2023 | |
dc.department | İstanbul Bilgi Üniversitesi | en_US |
dc.description.abstract | This study investigates the moderating effect of economic policy uncertainty (EPU) on the relationship between slack resources and firm performance in emerging countries. By using 47,523 firm-year observations from seven emerging market economies through the period of 2010-2018, the results show an inverse U-shaped relationship between slack resources and firm performance. The findings also demonstrate that EPU acts as a negative moderator for the slack-performance relationship. In high EPU environments, the marginal benefit from one additional unit of slack is smaller relative to low EPU environments. This study contributes to the slack resources-firm performance literature by emphasizing the role of the broader external environment as a moderator. | en_US |
dc.identifier.doi | 10.1002/mde.3672 | |
dc.identifier.endpage | 186 | en_US |
dc.identifier.issn | 0143-6570 | |
dc.identifier.issn | 1099-1468 | |
dc.identifier.issue | 1 | en_US |
dc.identifier.scopus | 2-s2.0-85133364088 | en_US |
dc.identifier.scopusquality | Q2 | en_US |
dc.identifier.startpage | 171 | en_US |
dc.identifier.uri | https://doi.org/10.1002/mde.3672 | |
dc.identifier.uri | https://hdl.handle.net/11411/6942 | |
dc.identifier.volume | 44 | en_US |
dc.identifier.wos | WOS:000820512500001 | en_US |
dc.identifier.wosquality | Q2 | en_US |
dc.indekslendigikaynak | Web of Science | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.publisher | John Wiley & Sons Ltd | en_US |
dc.relation.ispartof | Managerial and Decision Economics | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Organizational Slack | en_US |
dc.subject | Agency Costs | en_US |
dc.subject | Resources | en_US |
dc.subject | Risk | en_US |
dc.subject | Context | en_US |
dc.subject | Law | en_US |
dc.title | How does the economic policy uncertainty affect the relationship between financial slack and firm performance in emerging countries? | en_US |
dc.type | Article | en_US |