Tech stock valuation investor psychology and economic analysis
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 t...
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| Format: | eBook |
| Language: | Inglés |
| Published: |
Amsterdam ; Boston :
Academic Press
c2003.
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| Edition: | 1st edition |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627139806719 |
| Summary: | 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 |
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| Item Description: | Description based upon print version of record. |
| Physical Description: | 1 online resource (290 p.) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781281005267 9786611005269 9780080492339 |
