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Institutional Ownership and Corporate R&D in the Computer Industry

Samuel B. Graves

Academy of Management Journal · 1988 · Volume 31 · Issue 2

DOI: 10.5465/256557

Abstract

The article discusses a study on the relationship between institutional ownership and research and development (R&D) spending in several companies for the period 1980 to 1983, with a focus on the computer manufacturing industry. Details related to the source of data for institutional ownership are presented. The author describes the application of ordinary least squares multiple regression. Inhibition of R&D investment and economic aspects of research and development in publicly-traded companies are mentioned.

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