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The paper investigates the pace of technology adoption in telecom technology post liberalization and its effect on … between telecom liberalization and regulatory independence in driving a sustained pace of technology adoption. Second, the … results show a positive and economically significant effect of telecom adoption on stock returns, pointing to significant …
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This study aims to examine and analyze the effect of DER, ROA, EPS and MS on stock returns on telecommunications sector … and cross section processed using panel data regression analysis. The population is telecommunications companies listed on … can affect the stock return shown by data processing results that get R2 value of 82.44% of the telecommunications sector …
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A dynamic model featuring a stochastic technology frontier shows significant impact of technology adoption for asset prices. In equilibrium, firms operating with old capital are riskier because costly technology adoption restricts their flexibilities in upgrading to the latest technology, making...
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