| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10494949 | Technovation | 2005 | 6 Pages |
Abstract
Our results are that older companies have significantly higher stock market valuations, and that those companies had fewer PhD's as their Chief Executive Officers (CEOs). These findings suggest that the stock market often looks favourably upon older established biotechnology companies that are run by professional managers rather than pioneering scientists.
Keywords
Related Topics
Social Sciences and Humanities
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Business and International Management
Authors
G. Steven McMillan, Patrick Thomas,