Takeover and R&D Disclosure

碩士 === 元智大學 === 財務金融暨會計碩士班(財務金融學程) === 106 === This research investigates whether managers from United States are willing to reveal R&D information when they have suffered takeover pressure between 1994 and 2014. We show that firm have hidden values if manager with unreported R&D information...

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Main Authors: Yi-Lung Hsu, 許議隆
Other Authors: Chih-Yung Lin
Format: Others
Language:en_US
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/3nw482
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spelling ndltd-TW-106YZU053040062019-07-04T05:59:09Z http://ndltd.ncl.edu.tw/handle/3nw482 Takeover and R&D Disclosure 收購對研究與發展之間的影響 Yi-Lung Hsu 許議隆 碩士 元智大學 財務金融暨會計碩士班(財務金融學程) 106 This research investigates whether managers from United States are willing to reveal R&D information when they have suffered takeover pressure between 1994 and 2014. We show that firm have hidden values if manager with unreported R&D information. Managers of most corporations are informed and own the private information. Therefore, assessments of a takeover bid price are considerable by managers who compare the asking price to their current estimation of the firm value. Overall, our analysis suggests that the precision and reliability of disclosures systematically varies with hostile takeover. Chih-Yung Lin 林智勇 2018 學位論文 ; thesis 27 en_US
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description 碩士 === 元智大學 === 財務金融暨會計碩士班(財務金融學程) === 106 === This research investigates whether managers from United States are willing to reveal R&D information when they have suffered takeover pressure between 1994 and 2014. We show that firm have hidden values if manager with unreported R&D information. Managers of most corporations are informed and own the private information. Therefore, assessments of a takeover bid price are considerable by managers who compare the asking price to their current estimation of the firm value. Overall, our analysis suggests that the precision and reliability of disclosures systematically varies with hostile takeover.
author2 Chih-Yung Lin
author_facet Chih-Yung Lin
Yi-Lung Hsu
許議隆
author Yi-Lung Hsu
許議隆
spellingShingle Yi-Lung Hsu
許議隆
Takeover and R&D Disclosure
author_sort Yi-Lung Hsu
title Takeover and R&D Disclosure
title_short Takeover and R&D Disclosure
title_full Takeover and R&D Disclosure
title_fullStr Takeover and R&D Disclosure
title_full_unstemmed Takeover and R&D Disclosure
title_sort takeover and r&d disclosure
publishDate 2018
url http://ndltd.ncl.edu.tw/handle/3nw482
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AT yilunghsu shōugòuduìyánjiūyǔfāzhǎnzhījiāndeyǐngxiǎng
AT xǔyìlóng shōugòuduìyánjiūyǔfāzhǎnzhījiāndeyǐngxiǎng
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