Browsing Master theses by Subject "CAPEX"
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The long-term effects of CAPEX, R&D and acquisition expenditure on stock returns
(2018-07-04)We regress R&D expenditures, CAPEX and the cash-flow of acquisition on a quarterly basis on the stock market excess return of stocks included in the Russel 3000 index. Acquisitions are statistically significant in a model ...