Korean Management Review

PDF is not available for this article.

REFERENCES (53)

[1]
[1] [학술지(정기간행물)] 김문태/연구개발비의 자본화를 통한 이익조정의 고찰/회계정보연구/2006/24(3)/77~96/한국회계정보학회/ Google Scholar ›
[2]
[2] [학술지(정기간행물)] 김정재/시장효율성과 회계수치의 가치관련성-거래소기업과 코스닥기업의 비교-/경영연구/2006/21(4)/127~150/한국산업경영학회/ Google Scholar ›
[3]
[3] [학술지(정기간행물)] 나종길/외국인 소유지분 비중에 따른 이익발표 후 잔류현상의 차이/회계학연구/2012/37(3)/203~238/한국회계학회/ Google Scholar ›
[4]
[4] [학술지(정기간행물)] 박경인/한국 증권시장의 투자자 유형에 따른 성과분석/Asia-Pacific Journal of Financial Studies/2006/35(3)/41~76/한국증권학회/ Google Scholar ›
[5]
[5] [학술지(정기간행물)] 박원/연구개발 투자와 미래 초과수익의 관계에위험변수가 미치는 영향/회계정보연구/2007/25(1)/247~268/한국회계정보학회/ Google Scholar ›
[6]
[6] [학술지(정기간행물)] 백원선/산업별 경제적 효과를 고려한 연구개발비의 가치관련성/Asia-Pacific Journal of Financial Studies/2004/33(2)/191~214/한국증권학회/ Google Scholar ›
[7]
[7] [학술지(정기간행물)] 안홍복/R&D 지출정보가 B/M 효과를 설명할 수 있는가?/경영학연구/2002/31(3)/655~678/한국경영학회/ Google Scholar ›
[8]
[8] [학술지(정기간행물)] 정혜영/연구개발비 정보의 기업가치 관련성에 관한 연구: 산업별 비교/경영학연구/2003/32(1)/257~282/한국경영학회/ Google Scholar ›
[9]
[9] [학술지(정기간행물)] 조성표/硏究開發支出의 多期間利益效果分析/경영학연구/2001/30(1)/289~315/한국경영학회/ Google Scholar ›
[10]
[10] [학술지(정기간행물)] 최정호/광고비 및 연구개발비 지출이 기업가치에미치는 영향-토빈 q에 의한 실증적 분석/회계학연구/1994/19(1)/103~124// Google Scholar ›
[11]
[11] [학술지(정기간행물)] 한길석/연구개발지출의 재량적 회계선택을 통한 코스닥기업의 이익조정에 관한 연구/경영교육연구/2007/(48)/349~370/한국경영교육학회/ Google Scholar ›
[12]
[12] [학술지(정기간행물)] 한봉희/국제회계기준에 따른 연구개발 지출의 회계처리 기준 변경에 대한 시장 반응/회계학연구/2006/31(1)/97~126/한국회계학회/ Google Scholar ›
[13]
[13] [학술지(정기간행물)] 한봉희/연구개발비의 집약도 및 자본화에 영향을 미치는 요인/회계저널/2010/19(5)/185~219/한국회계학회/ Google Scholar ›
[14]
[14] [학술지(정기간행물)] Aboody, D./The Value Relevance of Intangibles : The Case of Software Capitalization/Journal of Accounting Research/1998/36(3)/161~191// Google Scholar ›
[15]
[15] [학술지(정기간행물)] Ahn, H. J./Informed Trading in the Index Option Market : The Case of KOSPI 200 Options/Journal of Futures Markets/2008/28(12)/1118~1146// Google Scholar ›
[16]
[16] [학술지(정기간행물)] 안희준/Information Effects of Trade Size and Trade Direction: Evidence from the KOSPI 200 Index Options Market/Asia-Pacific Journal of Financial Studies/2010/39(3)/301~339/한국증권학회/ Google Scholar ›
[17]
[17] [학술지(정기간행물)] Ali, A./Market Underestimation of the Implications of R&D Increases for Future Earnings : The US Evidence/Journal of Business Finance &Accounting/2012/39(3/4)/289~314// Google Scholar ›
[18]
[18] [학술지(정기간행물)] Amir, E./The Association of R&D and Capital Expenditures with Subsequent Earnings Variability/Journal of Business Finance & Accounting/2007/34(1/2)/222~246// Google Scholar ›
[19]
[19] [학술지(정기간행물)] Ball, R./Anomalies in Relationships between Securities' Yields and Yield-Surrogates/Journal of Financial Economics/1978/6(2/3)/103~126// Google Scholar ›
[20]
[20] [학술지(정기간행물)] Ball, R./How Naive Is the Stock Market's Use of Earnings Information?/Journal of Accounting and Economics/1996/21/319~337// Google Scholar ›
[21]
[21] [학술지(정기간행물)] Ball, R./An Empirical Evaluation of Accounting Income Numbers/Journal of Accounting Research/1968/6/159~178// Google Scholar ›
[22]
[22] [학술지(정기간행물)] Banz, W./The Relationship between Return and Market Value of Common Stocks/Journal of Financial Economics/1981/9/3~18// Google Scholar ›
[23]
[23] [학술지(정기간행물)] Basu, S./The Relationship between Earnings Yield, Market Value, and Return for NYSE Common Stocks : Further Evidence/Journal of Financial Economics/1983/12(1)/129~156// Google Scholar ›
[24]
[24] [학술지(정기간행물)] Bernard, V. L./Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?/Journal of Accounting Research/1989/(Suppl. 27)/36~// Google Scholar ›
[25]
[25] [학술지(정기간행물)] Bernard, V. L./Evidence that Stock Prices Do Not Fully Reflect the Implications of Current Earnings for Future Earnings/Journal of Accounting and Economics/1990/13(4)/305~340// Google Scholar ›
[26]
[26] [학술지(정기간행물)] Bhandari. L. C./Debt/Equity Ratio and Expected Common Stock Returns : Empirical Evidence/Journal of Finance/1988/43(2)/507~528// Google Scholar ›
[27]
[27] [학술지(정기간행물)] Bublitz, B./The Information in Discretional Outlays : Advertising, Research and Development/Accounting Review/1989/64/108~124// Google Scholar ›
[28]
[28] [학술지(정기간행물)] Cazavan-Jeny, A./Accounting Choice and Future Performance : The Case of R&D Accounting in France/Journal of Accounting and Public Policy/2011/30(2)/145~165// Google Scholar ›
[29]
[29] [학술지(정기간행물)] Chambers, D./Excess Returns to R&D-Intensive Firms/Review of Accounting Studies/2002/7(2/3)/133~158// Google Scholar ›
[30]
[30] [학술지(정기간행물)] Chan, H. W. H./The Relation between R&D Intensity and Future Market Returns : Does Expensing versus Capitalization Matter?/Review of Quantitative Finance and Accounting/2007/29(1)/25~51// Google Scholar ›
[31]
[31] [학술지(정기간행물)] Chan, L. K./The Stock Market Valuation of Research and Development Expenditures/Journal of Finance/2001/56(6)/2431~2457// Google Scholar ›
[32]
[32] [학술지(정기간행물)] Chan, S. H./Corporate Research and Development Expenditures and Share Value/Journal of Financial Economics/1990/26(2)/255~276// Google Scholar ›
[33]
[33] [학술지(정기간행물)] Duqi, A./Mispricing and Risk of R&D Investment in European Firms/The European Journal of Finance/2015/21(5)/444~465// Google Scholar ›
[34]
[34] [학술지(정기간행물)] Eberhart, A. C./An Examination of Long-Term Abnormal Stock Returns and Operating Performance Following R&D Increases/Journal of Finance/2004/59(2)/623~650// Google Scholar ›
[35]
[35] [학술지(정기간행물)] Fama, E. F./The Cross Section of Expected Returns/Journal of Finance/1992/46(2)/427~465// Google Scholar ›
[36]
[36] [학술지(정기간행물)] Grinblatt, M./The Investment Behavior and Performance of Various Investor Types : A Study of Filand’s Unique Data Set/Journal of Financial Economics/2000/55(1)/43~67// Google Scholar ›
[37]
[37] [학술지(정기간행물)] Hirschey, M./Amortization Policy for Advertising and Research and Development Expenditures/Journal of Accounting Research/1985/23(1)/326~335// Google Scholar ›
[38]
[38] [학술지(정기간행물)] Jones, C./Quarterly Earnings Reports and Intermediate Stock Price Trends/Journal of Finance/1970/24(1)/143~148// Google Scholar ›
[39]
[39] [학술지(정기간행물)] Kang, H. C./The Role of the Temporary Component in Spot Prices in the Revision of Expected Future Spot Prices : Evidence from Index Futures Quotes/Journal of Futures Markets/2012/32(3)/230~251// Google Scholar ›
[40]
[40] [학술지(정기간행물)] Kothari, S. P./Capitalization versus Expensing : Evidence on the Uncertainty of Future Earnings from Capital Expenditures versus R&D Outlays/Review of Accounting Studies/2002/7(4)/355~382// Google Scholar ›
[41]
[41] [학술지(정기간행물)] Lakonishok, J./Contrarian Investment, Extrapolation and Risk/Journal of Finance/1994/49(5)/1541~1578// Google Scholar ›
[42]
[42] [보고서] The Deteriorating Usefulness of Financial Report Information and How to Reverse It/Lev, B./New York University/2017/~/ Google Scholar ›
[43]
[43] [학술지(정기간행물)] Lev, B./R&DRelated Reporting Biases and Their Consequences/Contemporary Accounting Research/2005/22(4)/977~1026// Google Scholar ›
[44]
[44] [학술지(정기간행물)] Lev, B./The Capitalization, Amortization and Value Relevance of R&D/Journal of Accounting and Economics/1996/21(1)/107~138// Google Scholar ›
[45]
[45] [학술지(정기간행물)] Lev, B./Penetrating the Book-to-Market Black Box : The R&D Effect/Journal of Business Finance & Accounting/1999/26(3/4)/419~449// Google Scholar ›
[46]
[46] [학술지(정기간행물)] Lintner, J./The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets/Review of Economics and Statistics/1965/47(1)/13~37// Google Scholar ›
[47]
[47] [학술지(정기간행물)] Maines, L. A./Individuals'Perceptions and Misperceptions of Time-Series Properties of Quarterly Earnings/The Accounting Review/1996/71/317~336// Google Scholar ›
[48]
[48] [학술지(정기간행물)] Nguyen, P./The Valuation of R&D Expenditures in Japan/Accounting & Finance/2010/50(4)/899~920// Google Scholar ›
[49]
[49] [학술지(정기간행물)] Oswald, D. R./Capitalization of R&D and the Informativeness of Stock Prices/European Accounting Review/2007/16(4)/703~726// Google Scholar ›
[50]
[50] [학술지(정기간행물)] Prencipe, A./Earnings Management in Family Firms : Evidence from R&D Cost Capitalization in Italy/Family Business Review/2008/21(1)/71~88// Google Scholar ›
[51]
[51] [학술지(정기간행물)] Ravenscraft, D./The Lag Structure of Returns to Research and Development/Applied Economics/1982/14/603~620// Google Scholar ›
[52]
[52] [학술지(정기간행물)] Sharpe, F./Capital Asset Prices : A Theory of Market Equilibrium under Conditions of Risk/Journal of Finance/1964/19(3)/425~442// Google Scholar ›
[53]
[53] [학술지(정기간행물)] Sougiannis, T./The Accounting Based Valuation of Corporate R&D/The Accounting Review/1994/69(1)/44~68// Google Scholar ›

Publication History

Published 2018-01-01

Metrics

Cited by 14

Effects of R&D Capitalization and Market Efficiency on the Relation between R&D Expenditures and Future Stock Returns