The effect of ownership on market value and risk of R&D intensive firms

Uri Ben-Zion; Moshe Kim

doi:10.1016/0165-1765(84)90190-3

The effect of ownership on market value and risk of R&D intensive firms

Research output: Contribution to journal › Article › peer-review

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
Pages (from-to)	363-367
Number of pages	5
Journal	Economics Letters
Volume	16
Issue number	3-4
DOIs	https://doi.org/10.1016/0165-1765(84)90190-3
State	Published - 1 Jan 1984
Externally published	Yes

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0165-1765(84)90190-3

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title = "The effect of ownership on market value and risk of R\&D intensive firms",

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.",

author = "Uri Ben-Zion and Moshe Kim",

year = "1984",

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doi = "10.1016/0165-1765(84)90190-3",

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The effect of ownership on market value and risk of R&D intensive firms

Abstract

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