Exploring the Dynamics of Corporate Personnel Structure, R&D Expenditure, and Profitability Insights into the Interdependent Influences of Human Resources on Revenue and Profit
This study explores how corporate structure, R&D expenditures, and employee education affect financial performance in three major Chinese firms"Haier, Midea, and Gree"from 2017 to 2023. Using regression and correlation analysis, findings show that higher R&D spending and employee education levels significantly boost revenue and profit. The research also identifies a positive feedback loop, where profits fund further R&D, driving ongoing growth. This highlights the importance of continuous investment in R&D and education to sustain competitive advantage and long-term success.
Authors
- Hao Wang (ORCID: https://orcid.org/0000-0001-7961-7588)
- Zhizhen Zhong (ORCID: https://orcid.org/0000-0003-3131-374X)
- Peicheng Qin
Publication Details
- Journal
- Modern economic management forum.
- Published
- 2024-09-02
- DOI
- https://doi.org/10.18686/memf.v2i3.4530
- Primary Topic
- Business and Economic Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00