Outputs (2)

Growth opportunity and investment policy: The role of managerial incentives (2022)
Journal Article

Based on the neo-classical theory of investment (Tobin's Q), this study looks at how growth opportunity drives investment policies and the extent to which this relationship is sensitive to managerial incentives. We use data from 213 non-financial and... Read More about Growth opportunity and investment policy: The role of managerial incentives.

R and D spending intensity of private vs public firms: The role of cash flow, leverage and information quality (2022)
Journal Article

Purpose: This study provides a large sample comparison of research and development (R&D) spending intensity in private and public firms and the extent to which these firms' unique characteristics affect their R&D spending rate. Design/methodology/app... Read More about R and D spending intensity of private vs public firms: The role of cash flow, leverage and information quality.