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This study analyzes the effect of industry Ramp;D intensity on the degree of product diversification and examines the interaction effect of free cash flow on the previous relationship at the current time in large US firms. Using the Samp;P 500 sample, we found support for the hypothesis that...
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This study analyzes the effect of industry R&D intensity on the degree of product diversification and examines the interaction effect of free cash flow on the previous relationship at the current time in large US firms. Using the S&P 500 sample, we found support for the hypothesis that industry...
Persistent link: https://www.econbiz.de/10005746947
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