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Equity
compensation
and the sensitivity of research and development to financial market frictions
O’Connor, Matthew
;
Rafferty, Matthew
;
Sheikh, Aamer
- In:
Journal of Banking & Finance
37
(
2013
)
7
,
pp. 2510-2519
-term nature of innovative activity. We find that
equity
compensation
is associated with lower levels of firm R&D expenditures …
Persistent link: https://www.econbiz.de/10010666270
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