Research has shown that research and development expenditures during the years immediately prior to a CEO's retirement tend to

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Research has shown that R&D expenditures tend to decline in the years immediately prior to a CEO's retirement. This may be because the CEO is focusing on short-term gains and cutting costs to boost the company's stock price in the short run, rather than investing in long-term projects. Additionally, a new CEO may be appointed who wants to redirect the company's focus and resources in a different direction.

Research Has Shown That Research and Development Expenditures During the Years