Spanish Journal of Finance and Accounting / Revista Española de
 2013
DOI: 10.1080/02102412.2013.10779749
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The differential effect of revenue rises and cost savings on investors' valuation of growth options. Evidence from a comparative case in the electricity business

Susana Alonso Bonís
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,
Valentín Azofra Palenzuela
2
,
Gabriel de la Fuente Herrero
3
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