Mitrione, Lorena; Tanewski, George; Birt, Jacqueline - In: Australian Journal of Management 39 (2014) 3, pp. 425-452
the health-care industry since the introduction of IAS 38 is significantly associated with share price. Results of the … study show that expensed R&D is value-relevant, while a comparison of the pre and post-IAS 38 periods (including pre … model post-IAS 38, suggesting that R&D expenditure reported under the new standard IAS 38 is more useful for decision …