Capital Market Values of Agricultural Biotechnology Firms : How High and Why?
Abstract
Market values of agricultural seed and biotechnology firms have increased in recent years due to expected future growth increases from a proliferation of new genetic technologies. In this paper, a market valuation index is constructed for leading firms. Firm valuations are then related to expected future earnings increases, with the implications discussed.
Citation
AgBioForum 1(2) 1998: 69-73.
Rights
OpenAccess.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.