The impact of intangibles on firms’ financial and market performance: UK evidence

Tahat, Yasean; Ahmed, Ahmed H.; Alhadab, Mohammad

doi:10.1007/s11156-017-0657-6

Cited by 27 publications

(26 citation statements)

References 62 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…In a recent study, Tahat, Ahmed and Alhadab (2018) investigated the impact of intangible assets on the current and future financial performance as well as market performance by using a sample of 150 non-financial firms listed at FTSE (The Financial Times Stock Exchange). They pointed out the importance of R&D and goodwill regarding the enhancement of performance and the sustainability of earnings.…”

Section: Prior Related Literaturementioning

confidence: 99%

The Impact of Intangible Factors on Profitability: Evidence From Corporations Traded at Muscat Securities Market in Oman

Kaymaz

Yilmaz

Kaymaz³

2019

CJFA

View full text Add to dashboard Cite

The objective of this paper is to determine whether corporate financial performance may be influenced from intangible assets owned by a company and some special incurring expenditures benefiting the intangible value of the company even though such items could also be technically expensed contrary to getting capitalized. Combining the intangibles reported on the corporate balance sheets with the expenditures such as R&D, staff and advertising expenses, a variable called Calculated Value of Intangible Factors (CVIF) is specifically generated and is examined as to whether intangibles alone might potentially have a significant effect on corporate profitability ratios, and if so to what extent. The sample consists of non-financial public companies traded at Muscat Securities Market in Oman and the sampling period covers the time window from 2013 until 2017. Two regressors are used to capture the effect of intangible factors; meaning CVIF and CVIF/Total Assets (CVIFTA) respectively, the latter of which is a relative measure. Four (4) profitability measures, namely Gross Profit Margin (GPM), EBIT Margin (EBITM), Net Profit Margin (NPM) and Return on Assets (ROA) are developed as proxies to indicate for corporate financial performance. Considering all the resulting eight (8) models each, panel data regression analyses are performed separately to specifically document the linkage between corporate intangibles and corporate financial performance. Results provide a strong evidence by showing that intangibles do have a significant and a positive effect on corporate financial performance, except when ROA is regressed by CVIFTA rather than CVIF. This effect on and the linkage with financial performance is documented to be the most robust once GPM and NPM are to indicate the performance in the forms of CVIF and CVIFTA respectively.

show abstract

Section: Prior Related Literaturementioning

confidence: 99%

The Impact of Intangible Factors on Profitability: Evidence From Corporations Traded at Muscat Securities Market in Oman

Kaymaz

Yilmaz

Kaymaz³

2019

CJFA

View full text Add to dashboard Cite

show abstract

“…Structural capital refers to the worth and value created within the organization that remains when all employees go home/left. [45,46,47,31] described SC to entail 'all the non-human storehouses of knowledge in organizations, which include databases, organisation charts, process manuals, strategies, routine and anything whose value to the company is higher than its material value'. Structural capital includes of all non-human assets such as infrastructural facilities that are wholly owned to the organization and stay in it which provide a basis for organization's growth, provides better working conditions, increase knowledge sharing as well as helps in increasing productivity of the organization and people [45,46,47,48].…”

Section: Conceptual Clarification Of the Research Variablesmentioning

confidence: 99%

Interaction Effect of Intellectual Capitals on University Performance

Mustapha

2021

CJAST

View full text Add to dashboard Cite

Intangible assets constitute major resources in the university’s system. However, little or no attention has been given to effective utilization of these resources. This has not only affected the performance of the public universities in Nigeria adversely but also the economic development of the country. Hence, this study examined the effect of the interaction among intellectual capital components on the performance of public universities in South-Western Nigeria. The primary data obtained through the structured questionnaire administered on four hundred and twenty-four (424) respondents were analyzed using ordinary least square regression analysis. The result of the study revealed that the interaction between human capital and structural capital and the interaction between human capital and relational capital has significant positive effect on the performance of public universities in the South-Western Nigeria as indicated by p-values of 0.000 and 0.002 respectively. The result also shows that the interaction between structural intellectual capital and relational capital has an insignificant positive effect on the performance of public universities in the South-Western region of Nigeria as indicated by p-values of 0.139. This study therefore concluded that effective combination of the intellectual capital components improves the performance of public universities in the South-Western region of Nigeria. This study recommends that government at various levels should pay attention to funding strategies of higher education, particularly at university level. Innovative funding strategies that touch all aspects of university activities should reflected in the budget of university education from time to time to translate the expected mandate of ivory tower to reality.

show abstract

“…De acordo com Tahat et al (2018) grandes diferenças entre valor contábil e de mercado das empresas são como uma ameaça à utilidade das demonstrações financeiras que devem ser melhoradas para refletir uma situação mais próxima da realidade do mercado. No Brasil, a Deliberação CVM 488/2005 já havia criado o subgrupo "intangível" para as empresas de capital aberto como um subgrupo do grupo Ativo Não-Circulante e várias empresas já estavam evidenciando ativos desta natureza a partir de 2005 (CRISÓSTOMO, 2009 A partir da informação sobre os valores e investimentos em P&D no relatório de administração das organizações, criou-se o subgrupo de intangíveis no Ativo Não-Circulante para empresas de capital aberto.…”

Section: Evidenciação Dos Ativos Intangíveisunclassified

Ativos intangíveis

Stradioto

Santos

Oliveira

2020

R. Eletr. Cient. da Uergs

View full text Add to dashboard Cite

O valor econômico de uma empresa ou de um órgão Público é o resultado da soma dos seus ativos tangíveis e intangíveis. A valorização de empresas ou órgãos Públicos que se utilizam de ativos intangíveis tem configurado a grande importância desses ativos na manutenção de suas vantagens competitivas e de seus valores econômicos. Este trabalho tem por objetivo analisar as demonstrações contábeis divulgadas pelas prefeituras que compõem a região Central do COREDE (Conselho Regional de Desenvolvimento), com foco nos Ativos Intangíveis. O suporte teórico da análise apoia-se nas orientações de divulgação conforme o MCASP (Manual de Contabilidade Aplicado ao Setor Público). Mostra-se, na análise, que os municípios não divulgam de forma adequada sua contabilidade, pois, em sua maioria, omitem ou esquecem os ativos intangíveis. Discute-se, ainda, nas considerações finais, que ao se comportarem dessa forma os municípios pesquisados ferem o Princípio Constitucional da Transparência.

show abstract

The impact of intangibles on firms’ financial and market performance: UK evidence

Cited by 27 publications

References 62 publications

The Impact of Intangible Factors on Profitability: Evidence From Corporations Traded at Muscat Securities Market in Oman

The Impact of Intangible Factors on Profitability: Evidence From Corporations Traded at Muscat Securities Market in Oman

Interaction Effect of Intellectual Capitals on University Performance

Ativos intangíveis

Contact Info

Product

Resources

About