Title: Moderating effect of innovation on the relationship between governance and performance

Authors: Ammar Sammout; Zouhayer Mighri; Sana Ben Ghodbane

Addresses: University of Sfax, Sfax 3029, Tunisia ' ISIG, Kairouan, Tunisia; LARTIGE, FSEG, Sfax, Tunisia ' IHE, Carthage, Tunisia

Abstract: The aim of this research paper is to analyse the moderating effect of innovation [investment in research and development (R&D)] on the relationship between corporate governance and financial performance. The study carried out on a sample of listed French companies covering the period 2008-2019 shows that the majority of governance indicators have a negative and significant effect on the financial performance of the company, with the exception of the remuneration of the management team, which has a positive and significant effect on performance, while the RD coefficient designating the moderator variable for the relationship between governance and the financial performance of the company, is negative and significant.

Keywords: R&D; performance; corporate governance.

DOI: 10.1504/IJEA.2023.135591

International Journal of Economics and Accounting, 2023 Vol.12 No.1, pp.1 - 16

Received: 20 May 2022
Accepted: 30 Nov 2022

Published online: 18 Dec 2023 *

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