Analysis of Internally Generated Goodwill Indicators: A Case Study of the Slovak Republic

Podhorská, Ivana; Gajanova, Lubica; Klieštiková, Jana; Popescu, Gheorghe H.

doi:10.2478/orga-2019-0017

Cited by 13 publications

(8 citation statements)

References 35 publications

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“…In general, goodwill has often been defined as the company's reputation, image, correct name, prestige and brand. It can be observed in the connection between the organization and other market participants and in the vision of the enterprise in the eyes of its customers [22]. Another definition says that goodwill is rendered by the firm's ability to make a profit, which comes either from specific factors that are able to positively participate in the creation of income (being obtained over time, for a consideration, not having an independent value), or by increasing the value for the entire set of assets that the entity owns, in relation to the value attached to each individual asset [23].…”

Section: Literature Reviewmentioning

confidence: 99%

Determinants of goodwill: Empirical study from emerging economies

Chelba

Melega

Grosu

2023

ijirss

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Goodwill is increasingly receiving the interest of investors, auditors and other users of financial statements, therefore the need for comprehensive information on this topic has grown over time. The aim of this article is to analyze the determinants of goodwill in companies from emerging economy countries. The research is structured in two stages. The first stage of the research consists of a bibliometric analysis of the literature that is focused on the goodwill topic. The second part of the research consists in building an econometric model in order to assess the determinants of goodwill based on data reported by firms in emerging economy countries in 2021, namely the data reported by 21,977 companies from 100 emerging economy countries, structured into 94 industries. The obtained results are represented by the development of an econometric model that shows the implications of net profit, Economic Value Added (EVA), Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) and of research and development (R&D) expenses on goodwill fluctuations and vice versa. The results of our research highlight the fact that goodwill fluctuation is generated by the fluctuation of net profit, EVA, EBITDA and less by the R&D expenses. This study adds value to the literature by treating the subject differently, analyzing and evaluating the relationship between net profit, EVA, EBITDA, R&D expenses and goodwill.

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Section: Literature Reviewmentioning

confidence: 99%

Determinants of goodwill: Empirical study from emerging economies

Chelba

Melega

Grosu

2023

ijirss

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“…Moreover, an accurate assessment of the value of intangible assets can provide an important protection for the company's intellectual property rights and proprietary technologies. At the same time, it can protect the company from having a value compensation standard when it is infringed, and based on this, it can ask the infringer for infringement damages, so as to avoid huge losses to the company [1]. e evaluation of the value of intangible assets by business owners can not only determine the value of assets [2].…”

Section: Introductionmentioning

confidence: 99%

Application and Analysis of Improved Fuzzy Comprehensive Evaluation Method in Goodwill Evaluation and Intangible Asset Management

2022

Computational Intelligence and Neuroscience

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In order to improve the effect of goodwill evaluation and intangible asset management, this paper combines the improved fuzzy comprehensive evaluation method to construct an intelligent algorithm. In order to consider the many influencing factors of intangible asset prices and their own influence, this experiment adopts the ARDL model for analysis. Based on the traditional LSTM model, this paper innovatively introduces sparse principal component analysis for feature dimensionality reduction and, on the other hand, adds a convolutional neural network to the model, which is suitable for feature extraction. In addition, this paper constructs a goodwill evaluation and intangible asset management model based on the improved fuzzy comprehensive evaluation method. The research shows that the improved fuzzy comprehensive evaluation method proposed in this paper has a very good application effect in goodwill evaluation and intangible asset management.

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“…They try to negatively affect the environment as little as possible within their business. They invest in the development of new technologies, conserve natural resources and seek to draw on energy from renewable sources in order to mitigate as much as possible the environmental impacts leading to climate change (Lizbetinova and Hitka, 2016;Podhorska et al, 2017). The raw materials needed for business are sought to be obtained in an environmentally friendly and ethical way.…”

Section: Introductionmentioning

confidence: 99%

Millennials and their attitudes to the corporate social responsibility of global brands: The case study of Slovak Republic

Nadányiová

2021

SHS Web Conf.

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Research background: In addition to their economic activities, global brands applying the concept of corporate social responsibility are also focused on social and environmental aspects. At the same time, they emphasize that these interests are not in conflict, on the contrary, they can work together to increase the efficiency of brand strategy. The basis for the application of corporate social responsibility is the fact that customers are becoming more and more sensitive to other activities of the brand and not just to sales. Especially, one generation of consumers, Millennials, is considered to be the driving force behind the demand for socially responsible brands and products. Purpose of the article: The main aim of the paper is to determine the attitudes of Millennials to the corporate social responsibility of global brands. This includes providing the theoretical background and analysis of the corporate social responsibility from the viewpoint of Slovak and foreign authors. Methods: General scientific methods were applied for the processing of the data as well as mathematical-statistical methods to evaluate the data collated from the results of the questionnaire survey and to statistical hypothesis testing. The important source for secondary data was scientific researches, annual companies reports, statistical databases, published professional publications. In order to found out the attitudes of Millennials to the corporate social responsibility of global brands, a questionnaire survey was conducted among Slovak consumers. Findings & Value added: Based on the analysis and results of the questionnaire survey, benefits of the application of corporate social responsibility in the marketing strategy of global brands are highlighted such as gaining competitive advantage, increasing the brand value and improving brand image.

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Analysis of Internally Generated Goodwill Indicators: A Case Study of the Slovak Republic

Cited by 13 publications

References 35 publications

Determinants of goodwill: Empirical study from emerging economies

Determinants of goodwill: Empirical study from emerging economies

Application and Analysis of Improved Fuzzy Comprehensive Evaluation Method in Goodwill Evaluation and Intangible Asset Management

Millennials and their attitudes to the corporate social responsibility of global brands: The case study of Slovak Republic

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