Relationships Between R&D and Corporate Performance: An Empirical Analysis in Istanbul Stock Exchange

Authors : Değer ALPER, Ebru AYDOĞAN

Pages : 0-0

View : 15 | Download : 9

Publication Date : 2016-10-25

Article Type : Research Paper

Abstract :By making it possible to produce innovative products and services, Research and Development insert ignore into journalissuearticles values(R&D); investments provide long term growth and competitive advantages and create value for corporations. However, they require significant investment expenditures. The objective of the present study is to analyze the relationship between R&G investments and financial performances of corporations. For this purpose, 20 chemical companies traded in Bourse Istanbul are analyzed with a panel data method, Generalized Method of Moments insert ignore into journalissuearticles values(GMM);. Study findings demonstrated that R&D expenses affected corporate financial performance positively and significantly with one year lag.
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