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http://dx.doi.org/10.15207/JKCS.2018.9.1.009

The Effects of the Previous Corporation Internal Reservation on the Current R&D Investment -Using EDU as a moderating variable & Verification through GBM model  

Yoo, Joon-Soo (Department of Accounting, Graduate School, Kangwon National University)
Jeong, Jae-Yeon (Department of Accounting, Graduate School, Kangwon National University)
Publication Information
Journal of the Korea Convergence Society / v.9, no.1, 2018 , pp. 9-20 More about this Journal
Abstract
The purpose of this paper is to analyze the effect of corporation internal reservation on R&D investment. It is to find how much effect the reflux tax has achieved through empirical analysis. In addition, education training expense was taken as a moderating variable to find the effectiveness of government policy. Furthermore, the study looked through the effect once again by using GMB model. According to the result counted by regression analysis, it could be concluded that the effect of both moderation and intervention had a significant effect and the variable of interest cost and welfare & benefit cost in model 1, 2 and 3 had a meaningful impact at the level of 99%. On the other hand, the previous corporate internal reservation failed to show any significant result in all types of models. Even in GBM model of convergence level applied to additional analysis, similar results came out.
Keywords
Convergence; the reflux tax; internal reservation; R&D; education training expense; gross investment ratio;
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Times Cited By KSCI : 2  (Citation Analysis)
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