Research Expenditure and Enterprise Development: An Empirical Analysis Based on the Data of A-Share Listed Companies

DOI

10.2991/aebmr.k.220603.121How to use a DOI?

Keywords

Research expenditure; Corporate profit; Multiple linear regression model

Abstract

This paper studies the impact of scientific research expenditures on corporate profits. Based on the data of A-share listed companies in the Guotaian database (CSMAR), an empirical analysis is carried out using multiple linear regression models. The results show that in the short term, there is a negative correlation between scientific research expenditures and corporate profits. Increasing scientific research expenditures will reduce corporate profits; but in the long run, there is a positive correlation between scientific research expenditures and corporate profits. Increasing scientific research expenditures will significantly increase corporate profits. This positive impact is particularly evident in large-scale enterprises above designated size.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - GuanLin Wang
PY  - 2022
DA  - 2022/07/01
TI  - Research Expenditure and Enterprise Development: An Empirical Analysis Based on the Data of A-Share Listed Companies
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 753
EP  - 757
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.121
DO  - 10.2991/aebmr.k.220603.121
ID  - Wang2022
ER  -