Are Internet Companies Overvalued ( Again ) ?
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منابع مشابه
Value of Listed Companies; Abnormal Earnings and Innovativeness
This a conceptual paper concerning the relation between innovativeness and monopoly rent/abnormal earnings. It discusses how these concepts can be measured and proposes that abnormal earnings are the result differentiation, by innovativeness (monopoly rent) or branding, by underor overvalued assets, or by imperfect market information (value irrelevance). Specifically, innovativeness as a driver...
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