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R&D investment by sealant company


Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
200 KB
Volume
1999
Category
Article
ISSN
1350-4789

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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