Akcie, dluhopisy a další cenné papíryZpět do menu
Tech Stock Valuation: Investor Psychology and Economic Analysis
Tech Stock Valuation: Investor Psychology and Economic Analysis
Autor: Mark Hirschey | Vydavatel: Academic Press
Koupit tuto publikaci

The contribution of research and development to a company's market value has grown considerably in recent years. In the mid-1970s, accountants were able to capture on their ledgers 90-95% of a firm's book value, but by 2000 the importance of intangible assets had grown to the point where they could account for only 13-15%. Financial economists and accountants have investigated the link between a firm's market value and its R&D spending, and various factions advocate a variety of positions on the amount and rate of investment, investors' ability to capture returns on that investment, and ways to measure value, investment, and returns.
'Tech Stock Valuation' extends the R&D literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the book demonstrates that stock-price effects of patent output are most pronounced in the case of of high-quality patents, where patent quality is measured by scientific merit. Scientific measures of patent quality give tech stock investors and R&D managers a valuable new tool that can be used to measure R&D program effectiveness. At the same time, it gives investors a new tool to help them assess the value of hard-to-measure intangible assets.

Přidáno: 05.05.2007ISBN: 0123497043Stran: 271Cena: £ 60,80Jazyk: anglicky
Doporučujeme
The Intelligent Investor
The Intelligent Investor
Stran: 640
Cena: £ 7,79
Jazyk: anglicky
The classic bestseller by Benjamin Graham, "The Intelligent Investor" has taught and inspired hundreds of thousands of people worldwide. Since its original publication in 1949, Benjamin Graham's book has remain
The Smartest Guys in the R
The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
Stran: 464
Cena: £ 6,99
Jazyk: anglicky
What went wrong with American business at the end of the 20th century? Until the spring of 2001, Enron epitomized the triumph of the New Economy. Feared by rivals, worshipped by investors, Enron seemingly could
The Warren Buffett Way: In
The Warren Buffett Way: Investment Strategies of the World's Greatest Investor (Wiley Investment Classic)
Stran: 272
Cena: £ 11,89
Jazyk: anglicky
Warren Buffett je zpátky .... a lepší než dříve!! Již uběhl nějaký čas kdy se na trhu poprvé objevila kniha o Warrenu Buffettovi - The Warren Buffett Way od Roberta Hagstroma. Kniha se okamžitě st
Vyhledávání
kniha     autor