@article{szydowski2025commodity,
  title = {Commodity Market Risk as a Determinant of Corporate R&D Investment},
  author = {Konrad SZYDŁOWSKI},
  year = 2025,
  url = {https://ibimapublishing.com/p-articles/46ECO/2025/4637225/},
  journal = {Communications of International Proceedings},
  volume = 2025 (25),
  doi = doi.org/10.5171/2025.4637225,
  abstract = {The article addresses the problem of corporate R&D investment in the conditions of commodity market risk. The research goal was to determine the importance of the volatility of crude oil prices as a determinant of corporate R&D expenditures. The analysis was conducted on a group of companies representing the oil industry.
Research showed that the volatility of oil prices is an important determinant of the financial condition of R&D investment. The decline in oil prices led to reduced profitability and financial liquidity, indicating a deterioration in the financial condition of the analyzed companies. Simultaneously, an increase in R&D investments was observed. The opposite effect was identified during periods of growth. These trends were particularly clear in subperiods of dynamic trends in oil market.},
  keywords = {commodity market risk, R&D.},
  note = Article ID: 4637225
}