Market Valuation of Decreases in R&D Expenditures
نویسندگان
چکیده
منابع مشابه
Stock market valuation of R&D expenditures—The role of corporate governance☆
Article history: Received 20 September 2013 Accepted 23 December 2014 Available online 27 December 2014 This paper examines whether firms with greater research and development (R&D) expenditures earn higher stock returns when they have good corporate governance. After controlling for size, book-to-market ratio, momentum, asset growth, accruals, and abnormal capital expenditures, we determine th...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1571091