PONE-D-21-12838

Is there a moderate range of impact of  financialization on corporate R&D?

PLOS ONE

Dear Dr. Yan Wang,

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PLOS ONE

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Reviewers' comments:

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Reviewer #1: Yes

Reviewer #2: Yes

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2. Has the statistical analysis been performed appropriately and rigorously?

Reviewer #1: Yes

Reviewer #2: Yes

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Reviewer #1: Yes

Reviewer #2: Yes

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4. Is the manuscript presented in an intelligible fashion and written in standard English?

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Reviewer #1: Yes

Reviewer #2: Yes

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5. Review Comments to the Author

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Reviewer #1: Paper seems well drafted and researched.

Though authors are does not seem native English speakers, language seems good.

I have a few concerns: What was the basis of selection of specific financial variables? Was there is possibility of many other financial variables? What is rational?

What is use of this research to Industry and academia?

What are future directions of research?

Verify calculations for correctness and verify panel threshold regression model of Hansen and restated model. Do all calculations and remove errors if any.

I will advise you improve literature or background study. Refer a few articles to improve, https://doi.org/10.21314/JOP.2020.245 and http://dx.doi.org/10.1504/IJMFA.2018.095976

Revise and resubmit paper.

Reviewer #2: The paper investigates a widely researched topic from a new aspect, how the financialization impatcs on corporate R&D. The literature is well processed and analyzed. A (general) part of the literature review is included in the Introduction (without formulationg a subchapter), the other part is to find in the theoratical foundation (second chapter). The sources are analysed well, in a critical and comprehensive way.

The authors selected the appropriate statistical methodology toolset (panel threshold regression model ) and applied well. The results are logical, supported by the methodology and datasets. The conclusions are based on the results, reflecting to the question set in the paper's title.

As a summary, in my opinion it is an excellent academic paper. My only suggestion is to include the limitations of the research at the end of the paper.

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Reviewer #1: No

Reviewer #2: No

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Is there a moderate range of impact of  financialization on corporate R&D?

PONE-D-21-12838R1

Dear Yan Wang,

We’re pleased to inform you that your manuscript has been judged scientifically suitable for publication and will be formally accepted for publication once it meets all outstanding technical requirements.

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Kind regards,

Prof. László Vasa, PhD

Academic Editor

PLOS ONE

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