46078

Muhammad Usman
Muhammad Shaique
Shahbaz Khan
Ruqia Shaikh
Nida Baig

Revista de Gestão, Finanças e Contabilidade

O objetivo do estudo é avaliar o impacto do investimento em P & D sobre o desempenho das empresas eo valor das empresas entre os países do G-7. Para testemunhar essa relação usamos dados de nível de empresa e nível de país coletados das demonstrações financeiras das empresas, das bolsas de valores dos países e das bases de dados do Banco Mundial. Com base na estrutura de dados (nível de país, nível da indústria e nível de empresa), utilizamos a técnica de análise de regressão HLM juntamente com o erro padrão robusto. Utilizando diversas variáveis de controle (tamanho da empresa, idade, alavancagem, crescimento do PIB, taxas de juros e crises financeiras), os resultados sugerem que o investimento em P & D no mesmo ano tem impacto negativo no desempenho da empresa e impacto positivo no valor da empresa. No entanto, um ano atrás, o investimento em P & D tem relação positiva com o desempenho da empresa e com o valor da empresa. No entanto, dois anos de atraso no período R & D investimento não tem efeito sobre o desempenho da empresa e valor.

Desempenho da empresa, Investimento em I & D, Modelo de regressão HLM, Países do G-7, Valor da empresa

USMAN, M.; SHAIQUE, M.; KHAN, S.; SHAIKH, R.; BAIG, N. Impact of R&D Investment on Firm Performance and Firm Value: Evidence from Developed Nations (G-7) . Revista de Gestão, Finanças e Contabilidade, v. 7, n. 2, p. 302-321, 2017.

Usman, M., Shaique, M., Khan, S., Shaikh, R., & Baig, N. (2017). Impact of R&D Investment on Firm Performance and Firm Value: Evidence from Developed Nations (G-7) . Revista de Gestão, Finanças e Contabilidade, 7(2), 302-321.

http://dx.doi.org/10.18028/2238-5320/ rgfc.v7n2p302-321

https://www.spell.org.br/documentos/ver/46078/impacto-do-investimento-em-p---d-no-desempenho-firme-e-valor-da-empresa--evidencia-das-nacoes-desenvolvidas--g-7--/i/pt-br

Artigo

Inglês

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