Prior research suggests that accounting information is not useful when valuing firms with large amount of intangibles (Amir and Lev (1996)). However, using R from regression of earnings and book values on prices, Collins et al. (1997) (hereafter CMW) find that value-relevance for intangible-intensive industries is as high as not intangibleintensive. An explanation for the discrepancy between Am...

OBJECTIVE Rheumatoid arthritis (RA) is a chronic and disabling disease frequently leading to physical and psychological dependence, with considerable economic consequences. The aim of our study was to perform a cost-of-illness analysis for RA according to the four different levels of functional RA severity. METHODS Direct costs (hospitalisations, treatments, diagnostics and the non-medical co...

OBJECTIVES Valuation of the intangible impacts of informal care remains a great challenge for economic evaluation, especially in the framework of care recipients with cognitive impairment. Our main objective was to explore the influence of intangible impacts of caring on both informal caregivers' ability to estimate their willingness to pay (WTP) to be replaced and their WTP value. METHODS We...

Business Process They are considerate as one of the most important intangible asset in an organization intangible asset in an organization An adequate management helps to adapt to changes

The evolution of different technologies, the high availability of robust networks and the ever increasing need for fast, reliable and low cost services and information have contributed in the wide acceptance and use of digital information and services, which are now days termed as Intangible Goods. Commercial companies and public administration are introducing every day new services and informa...

The scope of this paper is to investigate whether SMEs take into consideration the cost dimensions (tangible and intangible, direct and indirect) and follow the investment appraisal techniques proposed in literature as relevant and suitable in relation to e-commerce adoption. More specifically, we analyse the importance placed by the EC adopters on specific cost elements, types of budgets and i...

The financial impact of IT involves both tangible and intangible social and technical costs. The problem of measuring “true” costs and benefits of IT investments is a complex problem and has caused researchers to focus on issues such as the productivity paradox, total cost of ownership, and cost taxonomies. This task becomes even more complicated when considering technologies that impact a vari...

We examine whether and why companies prefer fair value to historical cost when they can choose between the two valuation methods. With the exception of investment property owned by real estate companies, historical cost by far dominates fair value in practice. Indeed, fair value accounting is not used for plant, equipment, and intangible assets. We find that companies using fair value accountin...