Ceo’s Financial Sophistication and P&D Investments
نویسندگان
چکیده
This study analyzed the relationship between CEO’s Financial Sophistication (FS) and investments made in Research Development (R&D), disclosed profit loss statement intangible assets. To this end, data were collected from companies listed on B3 2011 to 2019 R&D personal characteristics of CEO (experiences training) various sources. Factor analysis methods, probit regression models, panel with fixed effects used for analyses. It was found that, total sample, less than 20% spend R&D. Among economic sectors, what most invest resources is information technology. As FS, evidence does not confirm hypothesis However, tests conducted academic professional dimensions FS pointed out that higher levels dimension likely disclose statement. In contrast, has a weak negative applied recorded
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ژورنال
عنوان ژورنال: Revista Catarinense da Ciência Contábil
سال: 2023
ISSN: ['2237-7662', '1808-3781']
DOI: https://doi.org/10.16930/2237-7662202333782