Signalling, Disclosure And The Implications Of Financial Structure For Uk Corporate R&D

This paper investigates the impact of R&D disclosure and finance variables on the level of R&D expenditures. The question addressed is: what is the impact of changes in disclosure requirements on the relationship between R&D expenditure and the financing of firms? The question is motivated by the possible signalling role that elective disclosure may have had prior to changes in accounting practices to ensure R&D disclosure.

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Year of publication:	1997
Authors:	Seaton, Jonathan ; Walker, Ian
Published in:	Economics of Innovation and New Technology. - Taylor & Francis Journals, ISSN 1043-8599. - Vol. 5.1997, 1, p. 75-90
Publisher:	Taylor & Francis Journals
Subject:	R&D \| credit market failure \| disclosure J. E. L. Classification: G31. G32 \| G33 of a sample of large UK quoted companies

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009205330