Webbhigher investment for these firms in the cross-section. The safety premium seems present in the data, but only in 2009 and 2010, not in later years. Therefore it cannot account for the persistence of weak investment. Intangibles The rise of intangibles can affect investment in several ways.Intangibleinvestment is difficult to measure. WebbView Sharleen Gutierrez’s professional profile on LinkedIn. LinkedIn is the world’s largest business network, helping professionals like Sharleen Gutierrez discover inside …
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