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This paper contributes to literature by giving more precise measures to technological innovation in order to estimate its economic value and assess its impact on the financial performance of companies in Europe. Focus is given to European patent system which is different from the American one....
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This paper gives an account of a study of the emergence of SRI in France. This research aims at understanding the process favouring the integration of SRI within financial market. We focus on the role of mutual funds. The interpretation is elaborated with legitimacy theory, more precisely with...
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This paper analyses the effects of labor intensity on a firm's operating risk and its expected stock returns. We isolate a pure labor intensity effect by using a relative measure with respect to the three-digit industry median level. We show that labor intensity is positively associated with...
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Financial analysis software have known a strong development during these last years due to the fact of an evolution of the technical data-processings, but equally of the conflictual relationship between users and publishers. The development to the artificial intelligence transforms traditional...
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