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Firm size, sector and market valuation of R&D expenditures

Syed Zulfiqar Ali Shah, Andrew Stark and Saeed Akbar

Applied Financial Economics Letters, 2008, vol. 4, issue 2, 87-91

Abstract: Significant market value effects of R&D are found for UK firms of all sizes. Sector-based analyses indicate large, positive and statistically significant influences of R&D on market values of UK firms in both manufacturing and nonmanufacturing sectors.

Date: 2008
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