Ownership structure, organization stability and biotechnology company performance

Abstract

In this paper, the authors use the method of quantile regression to analyze the effect of different ownership structure and organization stability on the performance of biotechnology company. Data from the 2004 and 2015 Taiwan listed biotechnology companies are the research samples to find out the relationship of ownership structure, organization stability and corporate performance. The results show that the ownership structure and the organization stability have a positive effect on firm performance.