Duqi, Andi; Torluccio, Giuseppe - In: International Journal of Accounting, Auditing and … 9 (2013) 1, pp. 1-26
The purpose of this paper is to provide additional research on the market valuation of R%D in Europe, and also to shed light on some firm and country characteristics which sensibly modulate the effect of R%D on firms' value. The analysis is performed using a panel regression approach with fixed...