Shah, Syed Zulfiqar Ali; Liang, Shuang; Akbar, Saeed - In: International Review of Financial Analysis 30 (2013) C, pp. 158-169
value relevance of R&D during the sample period between 2001 and 2011. The results indicate that capitalized R&D has value … relevance during the 11years sample period. However, the value relevance of capitalized R&D does not appear to have improved in … the post-IFRS period. Large firms present higher value relevance of capitalized R&D than small firms which suggest that …