Title
Intellectual Capital: A market for lemons approach,Used
Delivery time: 8-12 business days (International)
This thesis examines the concept of intellectual capital and its effect on share prices as a means to solve the lemons problem existent in current capital markets. In order to see whether intellectual capital could be part of a solution to combat this problem, the VAICTM was employed to determine the relevance of intellectual capital in relation to the stock price. The results of the regressions carried out show that the VAICTM is significant and provides increased explainability in the variation of stock prices. This leads to the conclusion that intellectual capital is an important determinant of share returns. Time comparisons of the R2 of calendar year regressions yielded no definitive conclusions regarding the conjecture that there was increased relevance of the measure of intellectual capital over time. Altogether, the results point towards the hypothesized relation between intellectual capital information and share returns. This indicates that high quality companies that wish to seek external financing in a market facing the lemons problem would benefit from the increased disclosure of intellectual capital information.
By changing our most important processes and
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⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.