RESEARCH AND DEVELOPMENT AND STOCK PRICES OF BRAZILIAN COMPANIES: AN EMPIRICAL STUDY

RESEARCH AND DEVELOPMENT AND STOCK PRICES OF BRAZILIAN COMPANIES: AN EMPIRICAL STUDY

The aim of the present study is to identify the relationship between spending on research and development (R&D) and the stock price of Brazilian companies listed for trading on the São Paulo Stock Exchange (Bovespa), following on the studies of Lopes (2001;2002) and Rezende (2005) about the valu...

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Bibliographic Details
Main Authors: Aridelmo José Campanharo Teixeira, Arildo Hungarato
Format: Article
Language:English
Published: Conselho Federal de Contabilidade (CFC) 2012-09-01
Series:Revista de Educação e Pesquisa em Contabilidade
Subjects:
Research and development
Stock price
Value-relevance
Bovespa
Online Access:http://www.repec.org.br/index.php/repec/article/view/283/628

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