Markarian, Garen; Pozza, Lorenzo; Prencipe, Annalisa - In: The International Journal of Accounting 43 (2008) 3, pp. 246-267
The capitalization of research and development (R&D) costs is a controversial accounting issue because of the contention that such capitalization is motivated by incentives to manipulate earnings. Based on a sample of Italian listed companies, this study examines whether companies' decisions to...