Purpose – This paper aims to explore the relationship of various financial and non‐financial factors to corporate value and how these factors can be used for the purpose of firm valuation. The focus is placed on a developing high‐tech industry. Design/methodology/approach – The authors...

Biotech stocks are attractive to investors due to their potential to generate significant profit in a relatively short time period. Considering the unique innovation-driven nature of biotech industry, the valuation of biotech companies involves a broad spectrum of considerations, including both...

This paper aims to explore the relationship of various financial and non-financial factors to corporate value, using Taiwan's biotech sector for empirical analysis. We collect and compare data from companies within the time window of 1997 through 2010. The techniques of Stepwise Regression and...