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Financial Management Dissertations
C/F/236. Dissertation. Firm's research and development expenditure and its impact on financial risk
- WORDS:
- 10400
- DATE:
- 2007
- PRICE:
- 109.99 GBP
The dissertation investigates the impact of research and development (R&D) expenditure on a company's risk. The study is based on two models of risk evaluation: CAPM and the Modigliani-Miller model. The relationship between R&D expenditure and risk is examined, conclusions are made about the role of the R&D expenditure and its effect on the financial risk.
KEYWORDS: Risk, research and development, R&D, expenditure, CAPM, Modigliani-Miller,
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