Dutta, Shantanu; Kumar, Vinod - In: Journal of risk and financial management : JRFM 2 (2009) 1, pp. 1-37
In this study, we evaluate the impact of R&D intensity on acquiring firms’ abnormal returns by examining 925 Canadian … negatively. Our results show that R&D intensity (i.e. R&D expenditure by sales) has a positive and significant effect on …