Analysis of the determinants of market capitalisation: Innovation, climate change policies and business context
Technological Forecasting and Social Change(2022)
Abstract
•It analyses the market capitalisation determinants of European innovative companies.•DEA and multilevel regression are used in this investigation.•The study identifies environmental measures that boost companies' share price.•Environment, restrictions and business climate are the key to innovative companies.
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Key words
Innovation,Environmental policies,DEA,Multilevel regression,Business context
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