Keywords: R&D
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Journal Articles
Journal Articles
Corporate Governance (2025) 25 (3): 471–495.
Published: 06 August 2024
...Khine Kyaw; Ishwar Khatri; Sirimon Treepongkaruna Purpose Agency theory postulates that research and development (R&D) investments are subject to managerial discretion and thus may not enhance firm value as expected. The inconclusive empirical findings in the literature is a testament...

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