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This paper examines the relationship between firm value and blockholders in Latin America. Econometric results for a comprehensive data set of more than 550 firms listed in the six largest stock markets of the region support a positive effect of variables measuring the existence, contestability,...
Persistent link: https://www.econbiz.de/10014131495
profitability. Overall, our results suggest dual-class shares facilitate innovation and increase valuations …
Persistent link: https://www.econbiz.de/10013310981
This study aims to test and analyze the effect of capital structure, profitability, investment opportunity set, firm value, earnings per share, and dividend policy, on stock returns. Our research uses regression analysis to determine and analyze the influence of independent variables on...
Persistent link: https://www.econbiz.de/10014442351
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Presentation to the Singapore Shipping Association and at Nanyang Technological University. Basics of financial statements, what is valuation, valuation ratios, cash flow, asset-based, other issues and metrics
Persistent link: https://www.econbiz.de/10013114679
Using the 2007 Mannheim innovation survey, we investigate whether family firms are more financially constrained than … other firms and how this affects both innovation input as well as innovation outcomes such as market and firm novelties or … are more likely to be constrained and have, on average, lower innovation input. Surprisingly, however, this doesnot reduce …
Persistent link: https://www.econbiz.de/10011411513
Monitoring by institutional investors can act as an important mechanism to promote firm innovation. By investigating … innovation. Consistent with the monitoring view, we further find that:(1) the effect of institutional investors on firm patenting … robust when innovation quality is examined …
Persistent link: https://www.econbiz.de/10012964026
that the rise of cyber threats is redesigning corporate innovation strategies. As firms' exposure to cybersecurity risk … threats file for simpler patents to accelerate their innovation cycle. Finally, we show that this strategic adjustment is not …
Persistent link: https://www.econbiz.de/10012838945
We compare innovation strategies of public and private firms based on a large sample over the period 1997-2008. We find …
Persistent link: https://www.econbiz.de/10012973433