Jurnal Akuntansi dan Keuangan
Vol. 26 No. 1 (2024): MAY 2024

Role of R&D Investment on Future Performance: Evidence From Malaysian Companies

Idil Rakhmat Susanto (Airlangga University & Makassar Muhammadiyah University)
Noorlailie Soewarno (Airlangga University)
Bambang Tjahjadi (Airlangga University)



Article Info

Publish Date
17 May 2024

Abstract

R&D Investment is an issue that is still interesting in business research today because it constantly explores company development in terms of technology and innovation. Our study intends to investigate the impact of R&D investment on Malaysian company performance in the future. This empirical study uses company financial statement data accessed via the OSIRIS database. The sample is a non-financial company in Malaysia from 2003 to 2019. This study evaluates The hypothesis using unbalanced panel data regression on 460 company years of observation. Our findings indicate that R&D investments have a degrading impact on the performance of Malaysian companies in the future. These findings indicate that companies in developing countries such as Malaysia have yet to give special attention to investing in R&D as the main business strategy.

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Journal Info

Abbrev

aku

Publisher

Subject

Economics, Econometrics & Finance

Description

The Jurnal Akuntansi dan Keuangan (JAK) is a peer-reviewed journal, published biannually in May and November by The Institute of Research and Community Outreach, Petra Christian University, Surabaya, Indonesia. The JAK invites manuscripts in the various topics include, but not limited to, functional ...