Le Comportement Myopique D'Investissement En R&D : Une Realite En France ?
The aim of this research is to determine the extent to which French managers assume a myopic investment behavior in R&D; defined as the intentional adjustment of long-term investment in order to achieve short-term earnings targets. Therefore, this research raises the question: to what extent the decrease of accounting discretion in R&D asset recognition (upon adoption of IFRS) influence the real earnings management based on the R&D investment? The results show that managers intentionally decrease R&D investments to achieve earnings profits and to a lesser extent last year's earnings level. The R&D investment's reduction in order to achieve profits is slightly exacerbated under the IFRS.
|Date of creation:||21 May 2012|
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