Effect of R&D Expenditures on Cross-Sectional Stock Returns — The Role of Capital Expenditures
碩士 === 國立臺灣大學 === 財務金融學研究所 === 105 === This paper studies the interaction effect between research & development expenditures and capital expenditures on future stock returns. I adopt the Fama-Macbeth (1973) cross-sectional regressions to examine the samples which consist of all exchange listed f...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2016
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Online Access: | http://ndltd.ncl.edu.tw/handle/42986767007871226523 |