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The aim of this paper is to investigate the issue of R&D investment and the market value of the firm. This idea dating … estimating the marginal effects of R&D investment with Tobin's q on a small economy such as R. Macedonia. The results exert … positive and statistically significant relationship between market value of the firms and R&D investment …
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A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper, we investigate the employment effects of innovations...
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This study assesses the impact of European emission allowances (EUA) prices on stock prices of all companies in the StoxxEurope Total Market Index belonging to sectors regulated by the European Union Emission Trading Scheme (EU ETS). The effect of allowance prices on stock prices is found to be...
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