Skip to main content

Research Repository

Advanced Search

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

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


Syed Zulfiqar Ali Shah

Andrew W. Stark

Saeed Akbar


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.


Shah, S. Z. A., Stark, A. W., & Akbar, S. (2008). Firm size, sector and market valuation of R&D expenditures. Applied financial economics letters, 4(2), 87-91.

Journal Article Type Article
Acceptance Date Jan 1, 2008
Online Publication Date Mar 5, 2008
Publication Date Mar 1, 2008
Deposit Date Sep 18, 2018
Journal Applied Financial Economics Letters
Print ISSN 1744-6546
Electronic ISSN 1744-6554
Publisher Taylor & Francis
Peer Reviewed Peer Reviewed
Volume 4
Issue 2
Pages 87-91
Public URL
Publisher URL