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Negative media coverage, law environment and tunneling of controlling shareholder : evidence from Chinese listed companies

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R&D value of Chinese manufacturing listed companies : based on the financial market's valuation of corporate assets

An, Tongliang; Wang, Wenyi - In: China political economy 1 (2018) 2, pp. 241-262

Purpose The way to measure the value of an enterprise's R&D investments remains elusive for theoretical and empirical study on innovation economics. The paper aims to discuss this issue. Design/methodology/approach This paper expands the asset-value model pioneered by Griliches (1981) and...

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