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Financial analysts are considered inefficient when they do not fully incorporate relevant information into their forecasts. In this dissertation, I investigate differences in the observable efficiency of analysts' earnings forecasts between firms that consistently meet or exceed analysts'...
Persistent link: https://www.econbiz.de/10009464984
This dissertation investigates the relation between firm disclosure, analyst forecast bias, and the cost of equity capital (COEC). Since analyst forecast bias is associated with both implied COEC estimates and disclosure, it is important to control for or remove it from COEC estimates when...
Persistent link: https://www.econbiz.de/10009455282
This study examines differences in audit committee member judgments before the Sarbanes-Oxley Act ("pre-SOX") versus after the act was passed ("post- SOX") as well as audit committee member perceptions of the effects of SOX. Based on experimental materials administered to 372 public company...
Persistent link: https://www.econbiz.de/10009459087
University of Minnesota Ph.D. dissertation. December 2011. Major: Business Administration. Advisor: Chandra Kanodia. 1 computer file (PDF); vi, 94 pages, appendices A-C.
Persistent link: https://www.econbiz.de/10009481346
Bereits Schumpeter (1934, 1942) beschreibt, wie technologischer Fortschritt die neuartige und wertschaffende Kombination von Ressourcen ermöglicht. Das dadurch entstehende Ungleichgewicht im Markt ermöglicht es Unternehmern, diese „Chancen“ zu verfolgen und neue Technologien in...
Persistent link: https://www.econbiz.de/10009429019
, and limiting the role of foreign inventors. However, the role of the extension of patent life in the early 1990s has …
Persistent link: https://www.econbiz.de/10009444336
the enactment of the first nationwide German patent law in 1877 and 1932. This patent act enabled both, national and … the cross-border importance of patent protection for domestic and foreign inventors and economies is still …-1932. Therefore, we study the potential influence of patent laws, institutional quality, and primary and secondary schooling. Controls …
Persistent link: https://www.econbiz.de/10009475340
uses patent renewal data. Employing Cox regression technique, we explore the question what factors (such as patent …’s technological class and patentee’s nationality) impact patent survival. The concluding part of this dissertation summarizes the main … results and points out tentative directions for further research using this patent data set. …
Persistent link: https://www.econbiz.de/10009475363
based on a novel dataset constructed from multiple sources: inventor surveys, the United States Patent and Trademark Office … estimation indicates that technological uncertainty and a strong internal position of complementary assets raise the propensity … strategies. In particular, firms are more likely to use a patent for strategic defensive purposes when they have larger amounts …
Persistent link: https://www.econbiz.de/10009476150
The United States Patent and Trademark Office (USPTO) is overburdened with a large volume of patent applications while … having limited resources to conduct patent examinations. The patent examination process is too long and the quality of issued … patent. In these prediction markets, traders buy and sell bets for the outcomes of patent examinations. Our proposed …
Persistent link: https://www.econbiz.de/10009477902