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- Title
RELATIONSHIPS BETWEEN R&D AND CORPORATE PERFORMANCE: AN EMPIRICAL ANALYSIS IN ISTANBUL STOCK EXCHANGE.
- Authors
ALPER, Değer; AYDOĞAN, Ebru
- Abstract
By making it possible to produce innovative products and services, Research and Development (R&D) investments provide long term growth and competitive advantages and create value for corporations. However, they require significant investment expenditures. The objective of the present study is to analyze the relationship between R&G investments and financial performances of corporations. For this purpose, 20 chemical companies traded in Bourse Istanbul are analyzed with a panel data method, Generalized Method of Moments (GMM). Study findings demonstrated that R&D expenses affected corporate financial performance positively and significantly with one year lag.
- Publication
Paradoks: The Journal of Economics, Sociology & Politics, 2016, Vol 12, Issue 2, p99
- ISSN
1305-7979
- Publication type
Academic Journal