Abstract
This paper tests the effect of ownership on market value and risk for R&D intensive firms. It seems that ownership has a positive effect on firms' market value but not on sales. This is consistent with the view that owner controlled R&D intensive firms are less risky.
Original language | English |
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Pages (from-to) | 363-367 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 16 |
Issue number | 3-4 |
DOIs | |
State | Published - 1 Jan 1984 |
Externally published | Yes |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics