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The impact of intangible capital on the short-term financial performance of Us stock-listed companies: an empirical analysis
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Resumo(s)
The paper provides a deep investigation into the impact of Intangible Capital on the short-term
financial performance of US stock-listed companies. Following the sharp rise of Intangible
Capital over the last few decades, this paper also investigates how the above-mentioned impact
differed across decades and between specified sectors. Using linear regression analysis, paired
with statistical testing, the results of this study reveal impactful implications for all companies
investing in Intangible Capital. Hereby, the findings do not depend on the Intangible Capital
intensiveness of the business.
Descrição
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Intangible capital Knowledge-based economy Financial performance Innovation Capital allocation Return on assets Return on equity Corporate finance