Agric. Econ. - Czech, 2022, 68(3):97-106 | DOI: 10.17221/222/2021-AGRICECON

The relationships between productivity, operational risk, and firm performanceOriginal Paper

Chunhsin Chou1, Joeming Lee*,2, Yingmaw Teng3, Hsiuling Lee4
1 School of International Law, China University of Political Science and Law, Beijing, P.R. China
2 Department of Applied Economics, College of Management, Fo Guang University, Jiaosi Shiang, Taiwan
3 Department of International Business, College of Management, I-Shou University, Kaohsiung City, Taiwan
4 Department of Accounting, College of Management, I-Shou University, Kaohsiung City, Taiwan

The aim of this study was to revisit the relationship between productivity and performance by using the panel data model on Taiwanese food listed firms during 2008-2020. The result found that there is a U-shaped relationship between productivity and performance. On the contrary, research and development (R&D) innovation and performance have an inverse U-shaped relationship, reminding that when the food listed firms have a specific R&D innovation base, they should invest more powerful resources, professional productivity, and innovate the food listed firms.

Keywords: asymmetric effects; food industry; R&D innovation; stock returns; U-shaped relationship

Published: March 17, 2022  Show citation

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Chou C, Lee J, Teng Y, Lee H. The relationships between productivity, operational risk, and firm performance. Agric. Econ. - Czech. 2022;68(3):97-106. doi: 10.17221/222/2021-AGRICECON.
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