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Capital intensity indicates how much money is invested to produce one rupee of sales revenue. Business tangible properties or tangible assets are real things that a company has such as buildings or equipment. Capital intensity and tangibility has the vital role in the firms' financial...
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Capital gain from stock market does not always provide abnormal return to the investor. The level of abnormal return analysis can use Efficient Market Hypothesis to measure the efficiency of the stock market by using event study. The analysis also will use behavioral finance theory to elaborate...
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