The Impact of Share Repurchase on R&D Expenditure: An Empirical Study from High-tech industry

After the policy was released in 2018, listed companies increased the frequency and amount of repurchases. Some studies believe that managers will give up long-term investment which is beneficial to the sustainable development of enterprises due to the short-term performance response caused by share...

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Bibliographic Details
Main Authors: Cheng Hongwei, Yin Liang, Luo Xinwei
Format: Article
Language:English
Published: EDP Sciences 2020-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/74/e3sconf_ebldm2020_02018.pdf