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We investigate the moderate effect of the CEO knowledge-based background on goodwill impairment and abnormal return …, and its direct effect on the likelihood of goodwill impairment announcement. We apply the educational background … samples show that goodwill impairment has a negative effect on the abnormal stock return, while CEOs with a higher level of …
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This paper studies a two-country production economy with complete and frictionless financial markets and international trade of final goods in which competition in R&D leads to endogenous new firm creation and economic growth. Current monopolists ("incumbents") and potential new firms...
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