- Paradoks Ekonomi Sosyoloji ve Politika Dergisi
- Vol: 12 Issue: 2
- Relationships Between R&D and Corporate Performance: An Empirical Analysis in Istanbul Stock Exchang...
Relationships Between R&D and Corporate Performance: An Empirical Analysis in Istanbul Stock Exchange
Authors : Değer ALPER, Ebru AYDOĞAN
Pages : 0-0
View : 10 | Download : 2
Publication Date : 2016-10-25
Article Type : Other
Abstract :By making it possible to produce innovative products and services, Research and Development (R&D) investments provide long term growth and competitive advantages and create value for corporations. However, they require significant investment expenditures. The objective of the present study is to analyze the relationship between R&G investments and financial performances of corporations. For this purpose, 20 chemical companies traded in Bourse Istanbul are analyzed with a panel data method, Generalized Method of Moments (GMM). Study findings demonstrated that R&D expenses affected corporate financial performance positively and significantly with one year lag.Keywords :