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Corporate research and development expenditures and share value

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Author Info
Chan, Su Han
Martin, John D.
Kensinger, John W.
Abstract

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File URL: http://www.sciencedirect.com/science/article/B6VBX-45910B6-B/2/23a3a062fe43562c82983b1f60ac6a24
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Publisher Info
Article provided by Elsevier in its journal Journal of Financial Economics.

Volume (Year): 26 (1990)
Issue (Month): 2 (August)
Pages: 255-276
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Handle: RePEc:eee:jfinec:v:26:y:1990:i:2:p:255-276

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Web page: http://www.elsevier.com/locate/inca/505576

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  1. Mehdi Nekhili & Evelyne Poincelot, 2000. "La fonction R&D et la latitude managériale:une analyse théorique," Working Papers FARGO 1000303, Université de Bourgogne - Latec/Fargo (Research center in Finance,organizational ARchitecture and GOvernance). [Downloadable!]
    Other versions:
  2. Bruce Burton, 2005. "Concurrent capital expenditure and the stock market reaction to corporate alliance announcements," Applied Financial Economics, Taylor and Francis Journals, vol. 15(10), pages 715-729, June. [Downloadable!] (restricted)
  3. Bronwyn H. Hall, 2007. "Measuring the Returns to R&D: The Depreciation Problem," NBER Working Papers 13473, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Kim, YoungGak, 2007. "A Survey on Intangible Capital," CEI Working Paper Series 2007-10, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  5. David J Ravenscraft & William F Long, 1993. "LBOs, Debt And R&D Intensity," Working Papers 93-3, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
  6. Yeh, Yin-Hua & Woidtke, Tracie, 2004. "Commitment or Entrenchment?: Controlling Shareholders and Board Composition," CEI Working Paper Series 2004-8, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  7. Sinclair Davidson & Robert Brooks, 2004. "R&D, Agency Costs and Capital Structure: International Evidence," Econometric Society 2004 Australasian Meetings 59, Econometric Society. [Downloadable!]
  8. Bruce M. Burton, 2003. "Evidence on the extent of relationships among investment opportunity set proxies," Applied Economics Letters, Taylor and Francis Journals, vol. 10(7), pages 437-441, May. [Downloadable!] (restricted)
  9. Morck, Randall & Yeung, Bernard, 2001. "Japanese Economic Success and the Curious Characteristics of Japanese Stock Prices," CEI Working Paper Series 2001-19, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  10. Edward Jones & Jo Danbolt & Ian Hirst, 2004. "Company investment announcements and the market value of the firm," European Journal of Finance, Taylor and Francis Journals, vol. 10(5), pages 437-452, October. [Downloadable!] (restricted)
  11. Edward Jones & Jo Danbolt, 2003. "R&D project announcements and the impact of ownership structure," Applied Economics Letters, Taylor and Francis Journals, vol. 10(14), pages 933-936, November. [Downloadable!] (restricted)
  12. Shah, Anwar & DEC, 1994. "The economics of research and development : how research and development capital affects production and markets and is affected by tax incentives," Policy Research Working Paper Series 1325, The World Bank. [Downloadable!]
  13. Howard Chan & Robert Faff & Philip Gharghori & Yew Ho, 2007. "The relation between R&D intensity and future market returns: does expensing versus capitalization matter?," Review of Quantitative Finance and Accounting, Springer, vol. 29(1), pages 25-51, July. [Downloadable!] (restricted)
  14. Bruce Burton & A. Alasdair Lonie & David Power, 2003. "Insider trading, growth opportunities and the market reaction to new financing announcements," European Journal of Finance, Taylor and Francis Journals, vol. 9(4), pages 301-322, August. [Downloadable!] (restricted)
  15. Marta Ballester & Manuel Garcia-Ayuso & Joshua Livnat, 2003. "The economic value of the R&D intangible asset," European Accounting Review, Taylor and Francis Journals, vol. 12(4), pages 605-633, January. [Downloadable!] (restricted)
  16. Masao Nakamura & Alice O. Nakamura & Peter Tiessen & W. Erwin Diewert, 2003. "Information failure as an alternative explanation of under investment in R&D," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(2-3), pages 231-239. [Downloadable!]
  17. Gregor Andrade & Mark Mitchell & Erik Stafford, 2001. "New Evidence and Perspectives on Mergers," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 103-120, Spring. [Downloadable!] (restricted)
  18. Andrés Langebaek & Jaime Eduardo Ortíz, 2007. "Q De Tobin Y Gobierno Corporativo De Las Empresas Listadas En Bolsa," BORRADORES DE ECONOMIA 003960, BANCO DE LA REPÚBLICA. [Downloadable!]
  19. Olubunmi Faleye & Vikas Mehrotra & Randall Morck, 2005. "When Labor Has a Voice in Corporate Governance," NBER Working Papers 11254, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  20. Morck, Randall & Yeung, Bernard, 2004. "Special issues relating to corporate governance and family control," Policy Research Working Paper Series 3406, The World Bank. [Downloadable!]
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