R&D project announcements and the impact of ownership structure

Article English OPEN
Jones, E.; Danbolt, J.;
(2003)
  • Publisher: Routledge
  • Subject: HB

This paper examines the stock market reaction to research and development (R&D) announcements made by listed UK companies. R&D projects on average are found to be associated with significant positive abnormal returns. However, the level of these abnormal returns... View more
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