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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Beteilige Person: Hirschey, Mark (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: San Diego, Calif. Academic Press 2003
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Links:https://learning.oreilly.com/library/view/-/9780123497048/?ar
Zusammenfassung: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.
Beschreibung:Includes bibliographical references and index. - Print version record
Umfang:1 Online-Ressource (xvii, 271 Seiten) illustrations, facsimiles
ISBN:9780080492339
0080492339
0123497043
9780123497048