Research on the Relationship between R&D Textual Disclosure and Profitability
Authors
Jin-Feng CHENG, Ji-Xin ZHAO
Corresponding Author
Jin-Feng CHENG
Available Online January 2019.
- DOI
- 10.2991/sschd-18.2019.74How to use a DOI?
- Keywords
- Textual Disclosure, R&D, Profitability.
- Abstract
This paper examines how profitability relates to corporate textual R&D disclosure decisions. Using the fixed-effects regression model, we conclude that the number of textual R&D disclosures is negatively correlated with the profitability of the firm. Companies with less profitability are more likely to publish more textual R&D disclosures to divert or confuse investors. In contrast, companies with better profitability will not publish too many textual R&D disclosures because there is no need to distract investors.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Jin-Feng CHENG AU - Ji-Xin ZHAO PY - 2019/01 DA - 2019/01 TI - Research on the Relationship between R&D Textual Disclosure and Profitability BT - Proceedings of the 4th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2018) PB - Atlantis Press SP - 405 EP - 410 SN - 2352-5398 UR - https://doi.org/10.2991/sschd-18.2019.74 DO - 10.2991/sschd-18.2019.74 ID - CHENG2019/01 ER -