Mediation or Moderation? The Role of R&D Investment in the Relationship between Corporate Governance and Firm Performance: Empirical Evidence from the Chinese IT Industry

Manuscript Type Empirical Research Question/Issue This paper explores whether R&D investment has a mediating and/or moderating effect on the relationship between corporate governance and firm performance. Research Findings/Insights This empirical study of C hinese IT ‐industry listed companies during the 2007–2008 period shows that R&D investment does not moderate, but instead mediates the relationship between corporate governance and...