R&D, strategic alliances and shareholder value in biotech industry.
Teng, Poi Leng.
Date of Issue2004
College of Business (Nanyang Business School)
The pharmaceutical and biotech firms widely engage in M&A and strategic alliance formation as alternative instruments for acquiring external resources in recent decades. This thesis aims to complement the existing accounting literature by analyzing how strategic alliance as a "soft" value driver is able to add value and create shareholders' wealth by exploring the various roles of strategic alliances. This study hopes to provide a better understanding of strategic alliances and thus, help shape proposals for improved information disclosure on organizational capital.
DRNTU::Business::Industries and labor
Nanyang Technological University