Dorfleitner, Gregor and Roessle, Felix (2018) The financial performance of the health care industry: a global, regional and industry specific empirical investigation. EUROPEAN JOURNAL OF HEALTH ECONOMICS, 19 (4). pp. 585-594. ISSN 1618-7598, 1618-7601
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This article analyzes the financial (out-) performance of all listed health care companies. The health care sector outperformed the market in the period from 2000 to June 2015. The performance was driven by companies from Americas, and Asia as well as companies from the pharmaceuticals sub-segment. Additionally, bull periods appear to be the main driver for the outperformance. Euro-based investors can expect different outcomes of their investments to those of USD investors. However, the main trends remain unchanged.
Item Type: | Article |
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Uncontrolled Keywords: | RESEARCH-AND-DEVELOPMENT; DRUG DEVELOPMENT; PHARMACEUTICAL-INDUSTRY; DEVELOPMENT COSTS; STOCK RETURNS; INVESTMENT; MARKET; RATES; RISK; INTRODUCTIONS; Stock performance; Four-factor model; Health economics |
Subjects: | 600 Technology > 650 Management & auxiliary services |
Divisions: | Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Finanzierung (Prof. Dr. Gregor Dorfleitner) |
Depositing User: | Dr. Gernot Deinzer |
Date Deposited: | 19 Mar 2020 13:50 |
Last Modified: | 19 Mar 2020 13:53 |
URI: | https://pred.uni-regensburg.de/id/eprint/14681 |
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