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Price informativeness and state-owned enterprises : considering their heterogeneity

Goodell, John W.; Li, Mingsheng; Liu, Desheng - In: International review of financial analysis 76 (2021), pp. 1-12

Persistent link: https://www.econbiz.de/10012804701

The government as a shareholder : a case from the United States

Kole, Stacey R. - In: The journal of law & economics 40 (1997) 1, pp. 1-22

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The Hurdle-Rate Effect on Patents : Equity Risk Premium and Corporate Innovation by Public Firms in the U.S., 1977-2018

Audretsch, David B.; Drobetz, Wolfgang; Ernst, Eva Elena; … - 2023

We document high economy-wide correlations between the Equity Risk Premium (ERP) and the aggregate volume (rho=-0.69) and value (rho=-0.75) of patenting activity by public firms in the United States over the 1977-2018 period, contradicting Schumpeter's (1939) opportunity-costs hypothesis of...

Persistent link: https://www.econbiz.de/10014354926