Firm size, sector and market valuation of R&D expenditures

Syed Zulfiqar Ali Shah, Andrew W. Stark, Saeed Akbar

Research output: Contribution to journalArticlepeer-review

16 Citations (Scopus)


Significant market value effects of RD are found for UK firms of all sizes. Sector-based analyses indicate large, positive and statistically significant influences of RD on market values of UK firms in both manufacturing and nonmanufacturing sectors.

Original languageEnglish
Pages (from-to)87-91
Number of pages5
JournalApplied Financial Economics Letters
Issue number2
Early online date5 Mar 2008
Publication statusPublished - 5 Mar 2008
Externally publishedYes


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