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حسابداری و مالی::
سهامی عام
Petersen (2009) find that cash flow as well as the issuance of public equity have an important
importance of the issuance of public equity as a means to finance R&D is supported in a related paper by Brown and Petersen (2009).
flows and often heavily use public equity to expand investment when cash flow is particularly
positive and important effects when controlling for public equity and for R&D smoothing
In a related analysis, Brown and Floros (2012) examine the association between private equity inflows and new corporate R&D investment by publicly traded firms that raise external equity via private placements, i.e. private investments in public equity.
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