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Financial Determinants of Corporate R&D Investment in Korea

✍ Scribed by Sanghoon Lee

Book ID
115208717
Publisher
John Wiley and Sons
Year
2012
Tongue
English
Weight
204 KB
Volume
26
Category
Article
ISSN
1351-3958

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## Abstract The purpose of this paper is to analyze the effects that takeover threats have on firms' preacquisition R&D intensity. Critics of takeovers usually argue that takeover threats may reduce target firms' R&D investments. However, I find that target firms may increase R&D investment in orde