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By Cheng Few Lee

"Advances in Quantitative research of Finance and Accounting, New sequence" (AQAFANS) is a continuation (with new positive factors) of the equally titled ebook sequence that was once formerly released through JAI Press from 1991. AQAFANS is an annual book designed to disseminate advancements within the quantitative research of finance and accounting. it's a discussion board for statistical and quantitative analyses of matters in finance and accounting, in addition to purposes of quantitative how you can difficulties in monetary administration, monetary accounting and company administration. the target is to advertise interplay among educational study in finance and accounting, utilized study within the monetary group, and the accounting career.

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Extra info for Advances in Quantitative Analysis of Finance and Accounting: New Series (Advances in Quantitative Analysis of Finance and Accounting, Vol. 1)

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38 Anthony Kozberg With the exception of TWZ (2001b), no previous research has examined the ability of either financial or non-financial data to explain other fundamental economic data than Internet firm valuations. This paper extends upon the previous literature by examining the financial and non-financial determinants of firm revenue, while addressing the endogenous and multicollinear nature of these measures. 3. Data Collection Table 1 provides a breakdown of the number of firms and observations in the samples studied in this paper.

Time spent per person (TIMEPP) — Indicates the total amount of time an audience member spends at a property over the month. • Advertisements served (ADSEEN) — The total number of delivered ad impressions each month across all reported domains for a given property. NNR does not begin reporting this statistic until May 1999. 6 In tests conducted using advertising data, the time period examined begins in May 1999 rather than February 1999. For a more detailed explanation of the databases and a longer description of terms, I refer the reader to Kozberg (2001).

Griliches (1990) provides a comprehensive survey for the use of patent statistics in economic research. There have been a number of studies in economic research conducted to validate the use of patents. For example, Lanjouw and Schankerman (1999) find that the number of citations received by a patent is pertinent to the quality 20 Michael K. Fung of the invention associated with that patent. Hall et al. (2000) find that the market values of firms increase with the number of citations received per patent.

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