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present value of its future cash flows. This paper shows that in many forms of competition, including the most commonly … net revenues in foreign currency. This simple result breaks down under some, but not all, forms of competition between the …
Persistent link: https://www.econbiz.de/10013249362
present value of its future cash flows. This paper shows that in many forms of competition, including the most commonly … net revenues in foreign currency. This simple result breaks down under some, but not all, forms of competition between the …
Persistent link: https://www.econbiz.de/10012473341
Many commentators have identified the pivotal role of intellectual capital in the valuation of firms and the determination of their future earnings. Innovation in voluntary disclosure of intellectual capital lead by European firms, such as Celemi and Skandia, has generated a plethora of new...
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duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …
Persistent link: https://www.econbiz.de/10011312249
competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
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