The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)

In the new economy, R&D potential of the companies (reflected by intangible assets) tends to make the difference between competing enterprises. Although investing in tangible assets is still viewed as important, the researchers have discovered that investors on capital market tend to buy stocks...

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Main Authors: Iuliana-Ioana Purcarea, Ion Stancu
Format: Article
Language:English
Published: General Association of Economists from Romania 2008-09-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/328.pdf
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author Iuliana-Ioana Purcarea
Ion Stancu
author_facet Iuliana-Ioana Purcarea
Ion Stancu
author_sort Iuliana-Ioana Purcarea
collection DOAJ
description In the new economy, R&D potential of the companies (reflected by intangible assets) tends to make the difference between competing enterprises. Although investing in tangible assets is still viewed as important, the researchers have discovered that investors on capital market tend to buy stocks of the high-tech companies promoting a policy of increasing R&D expenditures. The results of the present study on the Romanian economy reveals the correlation between the variation of intangible assets of the chemicals and pharmaceuticals companies (high-tech) and their performance – reflected by EPS and PER coefficients.
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spelling doaj.art-f7443dc721ef4a748946de707a0cc27a2022-12-22T00:48:48ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292008-09-01XV918418678The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)Iuliana-Ioana Purcarea0Ion Stancu1 Academia de Studii Economice, Bucuresti In the new economy, R&D potential of the companies (reflected by intangible assets) tends to make the difference between competing enterprises. Although investing in tangible assets is still viewed as important, the researchers have discovered that investors on capital market tend to buy stocks of the high-tech companies promoting a policy of increasing R&D expenditures. The results of the present study on the Romanian economy reveals the correlation between the variation of intangible assets of the chemicals and pharmaceuticals companies (high-tech) and their performance – reflected by EPS and PER coefficients. http://store.ectap.ro/articole/328.pdf financial markets; investing policy of the firm; firm’s assets evaluation; statistic and econometric methods: assessmentstests; simple linear regression
spellingShingle Iuliana-Ioana Purcarea
Ion Stancu
The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
Theoretical and Applied Economics
financial markets; investing policy of the firm; firm’s assets evaluation; statistic and econometric methods: assessments
tests; simple linear regression
title The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
title_full The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
title_fullStr The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
title_full_unstemmed The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
title_short The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
title_sort influence of r d policy on performance of the companies listed with bucharest stock exchange through intangible assets
topic financial markets; investing policy of the firm; firm’s assets evaluation; statistic and econometric methods: assessments
tests; simple linear regression
url http://store.ectap.ro/articole/328.pdf
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