Value relevance of discretionary R&D capitalization in different contracting scenarios.

• Main Authors: Chan, Kit Kwong., Chanwigoon, Witchayanun., Yoong, Theresa Maria Yik Chen.
• Other Authors: Asheq Razaur Rahman
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/10026
• Institution: Nanyang Technological University

This study statistically tests the value relevance of R&D capitalization using both price-level regression and return regression approaches. Independent variables in this study include debt/equity ratio, proxies for corporate governance, and firm performance.