Chen, Guan-Chih; Li, Hexuan; Tsao, Shuling - In: Financial Studies 23 (2019) 4 (86), pp. 39-51
This paper examines the impact of research and development (R&D) expenditure, R&D capitalized expenditure and expensed expenditure on the corporate value. Through the exposition of R&D expenditure affect relevance of corporate value after the Chinese New Accounting Standards, it can be found...