R&D Management and Corporate Financial Policy
实证检验了公司同时决定研发、投资、股利和新债务政策的假设，基于1978-1982年140家企业的数据，为管理者理解这些决策的相互影响提供参考。
The hypothesis that firms simultaneously determine their research and development, investment, dividend, and new debt policies generally is substantiated in the financial literature. The determinants of research and development, dividend, investment and financing decisions of 140 firms are estimated econometrically during the 1978–1982 period. Management gains insights into the interactions of pursuing research and development expenditures, paying dividends, and undertaking investments.