Financial Markets and Marketing: The Tradeoff between R&D and Advertising during an Economic Downturn
Surinder Tikoo and Ahmed Ebrahim
This article examines the association between stock returns and earnings changes of firms that have made different tradeoffs with respect to R&D and advertising spending during an economic downturn.
Financial Markets and Marketing: The Tradeoff between R&D and Advertising during an Economic Downturn
Surinder Tikoo
State University of New York at New Paltz
Ahmed Ebrahim
Dolan School of Business, Fairfield University
INTRODUCTIONDuring an economic downturn,...