How does the economic policy uncertainty affect the relationship between financial slack and firm performance in emerging countries?

dc.authoridDidin Sonmez, Fatma/0000-0002-6643-6646
dc.authorwosidTournus, Pinar/KBD-2597-2024
dc.authorwosidDidin Sonmez, Fatma/HSA-6336-2023
dc.contributor.authorTournus, Pinar Sener
dc.contributor.authorDidin-Sonmez, Fatma
dc.contributor.authorAkben-Selcuk, Elif
dc.date.accessioned2024-07-18T20:40:02Z
dc.date.available2024-07-18T20:40:02Z
dc.date.issued2023
dc.departmentİstanbul Bilgi Üniversitesien_US
dc.description.abstractThis 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.doi10.1002/mde.3672
dc.identifier.endpage186en_US
dc.identifier.issn0143-6570
dc.identifier.issn1099-1468
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85133364088en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage171en_US
dc.identifier.urihttps://doi.org/10.1002/mde.3672
dc.identifier.urihttps://hdl.handle.net/11411/6942
dc.identifier.volume44en_US
dc.identifier.wosWOS:000820512500001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherJohn Wiley & Sons Ltden_US
dc.relation.ispartofManagerial and Decision Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectOrganizational Slacken_US
dc.subjectAgency Costsen_US
dc.subjectResourcesen_US
dc.subjectRisken_US
dc.subjectContexten_US
dc.subjectLawen_US
dc.titleHow does the economic policy uncertainty affect the relationship between financial slack and firm performance in emerging countries?en_US
dc.typeArticleen_US

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