Innovation and Price Informativeness
Sign Up to like & getrecommendations! Published in 2017 at "Financial Management"
DOI: 10.1111/fima.12142
Abstract: We study whether the innovation decisions of a firm are improved as a result of information reflected in the firm's stock price. We show that firms with more informative stock prices, as measured by price… read more here.
Keywords: innovation price; information; innovation; price ... See more keywords