Comparison of R&D intensive investment strategies on the U.S. stock markets
Chan, Lakonishok and Sougiannis (2001) suggest an R&D intensive investment strategy, which results in excess return with high R&D intensive portfolios. We show how this investment strategy can be improved by taking into account the different industries and the competitive strategy. For this...
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Format: | Dissertation |
Language: | English |
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University of Oulu
2013
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Online Access: | http://urn.fi/URN:NBN:fi:oulu-201310171799 http://nbn-resolving.de/urn:nbn:fi:oulu-201310171799 |