FINANCE Corporate financial policy and R and D Management

from Elsevier Science-NL, Sara Burgerhartstraat 25, 1055 kV Amsterdam, The Netherlands. In view of this difference, the data us ...

and dividends is consistent with the notion that sources and uses of funds should rise and fall together, the relationship is we ...

Hamilton, Jo, and Statman (1993). The relative monthly outperformance of 7 basis points was not statistically different from zer ...

small positive and negative earnings that can create very large positive and negative (often meaningless) P/Es. See Graham, Dodd ...

with a t-value of 0.90; the ranking procedure is not statistically significant in the smaller, socially screened universe. One f ...

References Aboody, D., and B. Lev. 2000. Information asymmetry, R&D, and insider gains. Journal of Finance40, 2747–2766. All ...

Blin, J., S. Bender, and J. B. Guerard Jr. 1997. Earnings forecasts, revisions and mo- mentum in the estimation of efficient mar ...

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Guerard, J. B., Jr., A. S. Bean, and S. Andrews. 1987. R&D management and cor- porate financial policy. Management Science33 ...

Hamilton, W. F., and G. R. Mitchell. 1990. R&D in perspective: What is R&D worth? McKinsey Quarterly150–160. Hamilton, W ...

Lerner, E. M., and W. T. Carleton. 1966. A theory of financial analysis. New York: Harcourt, Brace & World. Lev, B., and T. ...

Miller, I., and J. E. Freund. 1965. Probability and statistics for engineers. Engle- wood Cliffs, NJ: Prentice-Hall. Miller, J. ...

Rosenberg, B. 1976. Security appraisal and unsystematic risk in institutional invest- ment. Proceedings of the Seminar for Resea ...

Stone, B. K. 1973. A linear programming formulation of the general portfolio selec- tion problem. Journal of Financial and Quant ...

About the CD-ROM INTRODUCTION This appendix provides you with information on the contents of the CD that accompanies this book. ...

WHAT’S ON THE CD This section provides a summary of the software and other materials you’ll find on the CD. Content Any material ...

Index 283 Abandonment valuation, 54–66 Accountants, functions of, 4, 9, 11 Accounting period, 6 Accounting reports, 7 Accounting ...

BTSG (beta times sigma), 227 Budgeting, 49. See alsoCapital budgeting process Call options, 53–54, 67, 228 Capital, in balance s ...

Current liabilities to total assets (CLTA) ratio, 15, 17 Current ratio (CR), 10, 32–33 CURSENS (exposure to foreign currencies), ...