Title of article
Innovation indicators and corporate credit ratings: evidence from German firms
Author/Authors
Dirk Czarnitzki، نويسنده , , Kornelius Kraft، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
8
From page
377
To page
384
Abstract
The literature on the relationship between firm value and knowledge capital is based on stock market valuation. We use a credit rating score as an alternative measure. Innovative firms achieve better ratings, whilst too many innovative activities reduce the rating.
Keywords
Credit rating , innovation , intellectual property , Discrete regression models , Firm value
Journal title
Economics Letters
Serial Year
2004
Journal title
Economics Letters
Record number
435371
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