11 1. The Practical Value of Stakeholder Capitalism Evidence that the stock market misvaluesintangibles: Edmans (2011, 2012) on employee satisfaction Khan, Serafeim, Yoon (2016) on material stakeholder issues Chan, Lakonishok, Sougiannis(2001) on R&D and advertising Banker, Huang, Natarajan, Zhao (2019) on SG&A Bennett, Erel, Stern, Wang (2020) on paid family leave