R&D Intensive Firm's Excess Return Are Risk Premium: The Test of Distance to Default.
碩士 === 輔仁大學 === 會計學系碩士班 === 98 === This study is aimed at examining the relationship between R&D expenditure and excess returns. Following Lev and Sougiannis (1999), this study capitalizes R&D expenditure and uses distance to default to divide the samples into two groups: subsample with shor...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2010
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| Online Access: | http://ndltd.ncl.edu.tw/handle/08742828922624090374 |