Journal of Chemical and Pharmaceutical Research (ISSN : 0975-7384)

Reach Us reach to JOCPR whatsapp-JOCPR +44 1625708989
All submissions of the EM system will be redirected to Online Manuscript Submission System. Authors are requested to submit articles directly to Online Manuscript Submission System of respective journal.

Original Articles: 2014 Vol: 6 Issue: 5

Impact of shareholding structure on Chinese bio-pharmaceutical listing companies' R & D investment.


R&D activities is an important way of knowledge accumulation and technological innovation, which promote the development of enterprises. R&D activities is becoming an important form of bio-pharmaceutical enterprise activity, which is typical of high-tech industries. This article studies the impact of ownership structure of listing companies in biomedical R&D investment. The result shows a significant negative correlation between ownership concentration and R&D investment intensity in biomedical companies, a significant positive correlation between equity balance degree and R & D investment intensity. And it also shows that R & D investment intensity of State-controlled biomedical enterprises is weaker than the non-state-owned holding biomedical companies.