Tech stock valuation : investor psychology and economic analysis

書誌事項

Tech stock valuation : investor psychology and economic analysis

Mark Hirschey

Academic Press, c2003

大学図書館所蔵 件 / 2

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

Tech Stock Valuation extends the R&D literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the text demonstrates that stock-price effects of patent output are most pronounced in the case of high-quality patents, where patent quality is measured by scientific merit. Scientific measures of patent quality give students a valuable new tool that can be used to measure R&D program effectiveness. At the same time, it gives investors a new tool to help them assess the value of hard-to-measure intangible assets. The book is an ideal resource for professionals working in finance and accounting; investment professionals and industry analysts who work for companies that engage in research and development; MBA students; economists working in industrial organizations, microeconomics, and contract theory.

目次

  • Making Sense of the Market Environment
  • What Caused the Tech Bubble? Investment Advice on the Internet
  • A Dissertation on Tulips and AOL
  • The Crash of 2000-2002
  • Making Sense of Company Valuation
  • Stock-Price Effects of R&D Expenditures
  • Valuation Effects of Patent Quality
  • Goodwill Write-off Decisions
  • Shark Repellents and R Corporate Governance and the Legal Environment.

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