The Stock Market Valuation of Research and Development Expenditures
收藏NBER1999-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7223
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资源简介：
We examine whether stock prices fully reflect the value of firms' intangible assets, focusing on research and development (R&D). Since intangible assets are not reported on financial statements under current U.S. accounting standards and R&D spending is expensed, the valuation problem may be
提供机构：
美国国家经济研究局
创建时间：
1999-07-01
