R&D Reporting Rule and Firm Efficiency
US GAAP (SFAS 2) requires immediate expensing of research and development (R&D) expenditure. Critics of this rule contend that the current treatment incentivizes managers to cut essential investments in R&D to manage short-term profits, and such actions could lead to longer-term adverse cons...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1053 https://ink.library.smu.edu.sg/context/soa_research/article/2052/viewcontent/BhattacharyaSaitoVenkYu2012RDReportingRule.pdf |
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| Institution: | Singapore Management University |
| Language: | English |