This thesis investigates the theoretical and empirical relationships between a firm’s R&D investment intensity and the systematic risk of its common stock in Sweden. This is done by examining 38 Swedish firms between 1997 and 2005. An overlapping set of 5-year window is chosen to apply to calculate the variables of the samples. In this thesis, three factors are introduced as a proxy of main constituents of systematic risk: intrinsic business risk, degree of financial leverage and degree of operating leverage. And we use these three constituents to analysis the relationship between R&D investment and systematic risk. The results from Monte Carlos simulations and correlation analysis of our sample show that, in Sweden, firms with high...
The purpose of the study is evaluating the relationship between stock returns in industrial companie...
Currently, research on companies' market return following investments in research and development ha...
The financial crisisand the European debt crisis wreaked havoc on many European economies and stock ...
This thesis investigates the theoretical and empirical relationships between a firm’s R&D invest...
This study investigates the relationship between firm’s R&D intensity and the risk of its common...
The present study investigates the relationship between a firm's R&D intensity and the risk of its c...
The purpose of this paper is to investigate how R&D investments affect public companies that was bac...
Prior studies have documented mixed evidence regarding the relationship between stock returns and eq...
The main purpose of this research is to examine the dynamics of risk and financial leverage in the F...
The leverage effect is one of two main hypotheses explaining the negative relationship between volat...
In today’s financial markets, volatility is a fundamental concept in regards of the risk assessment ...
In today’s financial markets, volatility is a fundamental concept in regards of the risk assessment ...
This thesis investigates and compares the performance and characteristics of defensive and cyclical ...
This thesis investigates and compares the performance and characteristics of defensive and cyclical ...
The financial crisisand the European debt crisis wreaked havoc on many European economies and stock ...
The purpose of the study is evaluating the relationship between stock returns in industrial companie...
Currently, research on companies' market return following investments in research and development ha...
The financial crisisand the European debt crisis wreaked havoc on many European economies and stock ...
This thesis investigates the theoretical and empirical relationships between a firm’s R&D invest...
This study investigates the relationship between firm’s R&D intensity and the risk of its common...
The present study investigates the relationship between a firm's R&D intensity and the risk of its c...
The purpose of this paper is to investigate how R&D investments affect public companies that was bac...
Prior studies have documented mixed evidence regarding the relationship between stock returns and eq...
The main purpose of this research is to examine the dynamics of risk and financial leverage in the F...
The leverage effect is one of two main hypotheses explaining the negative relationship between volat...
In today’s financial markets, volatility is a fundamental concept in regards of the risk assessment ...
In today’s financial markets, volatility is a fundamental concept in regards of the risk assessment ...
This thesis investigates and compares the performance and characteristics of defensive and cyclical ...
This thesis investigates and compares the performance and characteristics of defensive and cyclical ...
The financial crisisand the European debt crisis wreaked havoc on many European economies and stock ...
The purpose of the study is evaluating the relationship between stock returns in industrial companie...
Currently, research on companies' market return following investments in research and development ha...
The financial crisisand the European debt crisis wreaked havoc on many European economies and stock ...