Corporate research and development expenditures and share value

Journal of Financial Economics

Volumn 26, Issue 2, 1990, Pages 255-276

  Chan, Su Han ^a   Martin, John D ^b   Kensinger, John W ^b  

^a CALIFORNIA STATE UNIVERSITY   (United States)

^b UNIVERSITY OF TEXAS AT AUSTIN   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0001345660     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-405X(90)90005-K     Document Type: Article

References (30)

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2. Investigating the valuation effects of announcements of voluntary corporate selloffs
3. The investment aspects of non-productive expenditures: An empirical test
4. The R & D and investment decision and its relationship to the firm's market value: Some preliminary results
5. Industry effects and appropriability measures in the stock market's valuation of R & D and patents
6. Merger proposals, management discretion and stockholder wealth
7. Consistent estimation of cross-sectional models in event-studies
8. Stock market reaction to estimates of earnings per share by company officials
9. Market value, R and D, and patents
10. The impact of corporate restructuring on industrial research and development
11. Intangible capital aspects of advertising and R and D expenditures
12. The effect of bond rating changes on common stock prices
13. The takeover controversy: Theory and evidence
14. Agency costs of free cash flow, corporate finance and takeovers
15. Takeovers Their causes and consequences
16. Contributions of diversification promotion and R & D to the value of multiproduct firms A Tobin's Q approach
17. The effects of capital structure change on security prices: A study of exchange offers
18. Corporate capital expenditure decisions and the market value of the firm
19. Shark repellants and managerial myopia An empirical test
20. On patents R and D and the stock market rate of return
21. Corporate forecasts of earnings per share and stock price behavior Empirical tests
22. An empirical investigation of the voluntary disclosure of corporate earnings forecasts
23. The effects of discriminatory price control decisions on equity values
24. Takeover threats and managerial myopia
25. Attributes of news about firms An analysis of firm-specific news reported in the Wall Street Journal Index
26. Competitive decline and corporate restructuring Is a myopic stock market to blame?