Relationship between R&D Investments, Agency Problem and Firm Performance: Evidence from US
碩士 === 國立交通大學 === 財務金融研究所 === 98 === We observe the impact of R&D intensity and agency costs on the value of US firms for the 1991-2008 periods. We find that R&D adds market value, but high agency costs reduce market value. However, R&D investment might add value, even when firms’ agency...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2010
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| Online Access: | http://ndltd.ncl.edu.tw/handle/65762137448653836163 |