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Keywords: Internal capital markets
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Journal Articles
How does the internal capital market influence R&D spending? New evidence
Available to Purchase
International Journal of Emerging Markets (2023) 18 (4): 886–907.
Published: 20 May 2021
...Xin Xiang Purpose The purpose of this study is to examine whether and how internal capital markets mitigate financial constraints and enhance firms' willingness to engage in R&D projects. Design/methodology/approach The study uses panel data relating to 2,095 publicly traded firms...
