Tech stock valuation investor psychology and economic analysis

The contribution of research and development to a company's market value has grown considerably in recent years. In the mid-1970s, accountants were able to capture on their ledgers 90-95% of a firm's book value, but by 2000 the importance of intangible assets had grown to the point where t...

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Detalles Bibliográficos
Autor principal: Hirschey, Mark (-)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Amsterdam ; Boston : Academic Press c2003.
Edición:1st edition
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627139806719
Descripción
Sumario:The contribution of research and development to a company's market value has grown considerably in recent years. In the mid-1970s, accountants were able to capture on their ledgers 90-95% of a firm's book value, but by 2000 the importance of intangible assets had grown to the point where they could account for only 13-15%. Financial economists and accountants have investigated the link between a firm's market value and its R&D spending, and various factions advocate a variety of positions on the amount and rate of investment, investors' ability to capture returns on that investment, and ways
Notas:Description based upon print version of record.
Descripción Física:1 online resource (290 p.)
Bibliografía:Includes bibliographical references and index.
ISBN:9781281005267
9786611005269
9780080492339