The Significance of Intangibles: A Comparative Analysis Between Croatia, Slovenia, Czech Republic, Germany and the USA

Abstract

ABSTRACT

Intangible Assets Reporting: the Case of Chemical and Pharmaceutical Industry in the Czech Republic

“…The share of IAs in B / S total differs significantly in particular companies (from 0.0 % to 69 % in 2005, and from 0 % to 77 % in 2015). The results were compared to the general results of study of Jerman, Kavčič, Kavčič (2010) concerning the Czech Republic (publicly traded companies reporting according to IFRS) and to results of study carried out by Bohušová, Svoboda (results not published yet) in the Czech publicly traded companies. According to results of the forementioned studies, the share for the companies was 6.01 % for the year 2005 up to 6.40 % in 2008 (Jerman, Kavčič, Kavčič, 2010), and from 8.67 % in 2005 to 19.81 % in 2008 (according to above mentioned study of Bohušová, Svoboda).…”

“…With respect to conclusions of studies carried out on factors of companies' success, they are moving from tangible to intangible factors due to the realization of the high potential of intangible resources (Hand, 2001, Zigan andZeglat, 2010). The shift towards consideration of power of IAs and their contribution to companies' economic growth is attracting attention of researchers (García and Ayuso, 2003, Vodák, 2011, Volkov and Garanina, 2007, Jerman et al, 2010, Hussi and Ahonen, 2002, Gerpott et al, 2008, Boekenstein, 2009.…”

“…There are some studies concerning the significance of IAs within European companies (Nell et al, 2013, Jerman et al, 2010. Nell et al (2013) examine both the materiality of intangibles and the related disclosure quality under IFRS in the notes of firms on the German benchmark stock index DAX during the four-year period 2008 -2011.…”

“…Nell et al (2013) examine both the materiality of intangibles and the related disclosure quality under IFRS in the notes of firms on the German benchmark stock index DAX during the four-year period 2008 -2011. The study of Jerman et al (2010) aims the significance of IAs in transition economies like Croatia, Slovenia, the Czech Republic, Germany and USA. The study is based on data of the period 2004 -2008.…”

The Relationship Between the Intellectual Capital Disclosure and Cost of Debt Capital – A Case of Slovenian Private Audited Organisations

“…According to the Slovenian Companies Act (ZGD-1) in force during the 13 Few others studies (Nemec Rudež & Mihalič, 2007;Jerman et al, 2010;Javornik et al, 2012;Jerman, 2013) examined period of time, the annual reports of all large and medium-sized capital companies, dual companies and those small capital companies whose securities are traded on the regulated market had to be audited and submitted to AJPES to be available to general public…”