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Keywords: R&D investments
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Journal Articles
Managerial incentives, R&D investments and cash flows
Available to Purchase
Journal:
Managerial Finance
Managerial Finance (2017) 43 (8): 898–913.
Published: 14 August 2017
...Liqiang Chen Purpose The purpose of this paper is to investigate how managerial risk-taking incentives affect the sensitivity of R&D investments to the availability of a firm’s internal finance. Design/methodology/approach The author studies a large panel sample of US firms from 1992...
