... 11 2024 26 11 2024 © Emerald Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only Environmental quality Financial development Pollution halo hypothesis Research and development Technological innovation As part of attaining the sustainable...

... of such strategic expenses. Originality/value This paper shows how compensation committees can use compensation to induce executives to undertake strategic expenses on behalf of the firm. R&D expenses Research and development Compensation shielding Corporate governance Performance (measured...

... in model (3) are defined as follows. Hervé Stolowy can be contacted at: stolowy@hec.fr © Emerald Group Publishing Limited 2007 Company performance Research and development Investments The growth of research and development (R&D) expenditures over the last two or three...

...‐financial, non‐utility firms (i.e. firms not in SIC codes 4900‐4999 or 6000‐6499) for the period 1982‐2001 which meets the following criteria: firms have non‐missing values for research and development expenses; annual earnings, book value of common equity, market value of common equity, sales...

.... Research and development Share prices Biotechnology Investments Economic fluctuations The rapid growth in the biotech industry increasingly attracts investors. For instance, this industry raised more than $15 billion in new capital in 2003 (Weintraub, 2004). However, new drugs take an average...