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...

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Bibliographic Details
Main Authors: Kun-Hui Lin, 林昆輝
Other Authors: Yan-Zhi Wang
Format: Others
Language:en_US
Published: 2016
Online Access:http://ndltd.ncl.edu.tw/handle/42986767007871226523