Intellectual property is every bit as important as physical property. For many corporations, intangible assets like brands and trademarks are even more valuable than tangible assets (Hopkins, 2003). For example, the Coca-Cola brand name is far more valuable than the ingredients that go into a can of Coca-Cola (Hopkins, 2003). Businesses expend a great deal of time, energy, and resources to prot...

This chapter addresses the relationship between a supplier and the manufacturers that it serves, from the perspective of transaction cost economics theory (TCE). TCE deals with relationships between organizations, such as customers, manufacturers and suppliers. It states that investment in transaction-specific assets opens the door for opportunistic behavior by an organization’s partners. Inter...

This paper establishes that entry and exit stabilize the top half of profitability distribution in post-1970 U.S. economy. We, first, document stability total profits earned on tangible, intangible, financial capital. Whereas a narrower measure returns tangible capital, instead, suggests rising dispersion, it fails to capture growth intangible assets. Second, we use quantile decompositions show...

The paper addresses the problem of uncertainty reduction in estimation of future company performance, which is a result of wide range of enterprise’s intangible assets probable efficiency. To reduce this problem, the paper suggests to use quantum economy principles, i.e. implementation of Heisenberg principle to measure efficiency and potential of intangible assets of the company. It is propose...

This paper investigates the impact of asset liquidity on the valuation of corporate securities and the firm’s financing decisions. I show that asset liquidity increases debt capacity only when bond covenants restrict the disposition of assets. By contrast, I demonstrate that, with unsecured debt, greater liquidity increases credit spreads on corporate debt and reduces optimal leverage. The mode...

Şirketlerin bağımsız denetimden geçmiş finansal tabloları vergi mevzuatına göre düzenlenmiş kesin mizan bilgilerinin Türkiye Muhasebe Standartları uygulamalarına düzeltilmesiyle oluşturulmaktadır. Bu araştırmada, öncelikle bu şirketlerin sahip oldukları maddi duran varlıkları ve yatırım amaçlı gayrimenkullerin ilk kaydedilmedeki maliyet unsurları dönem sonlarında hangi esaslarla değerlendirdikl...

Abstract Using panel analysis for a large cross-section of countries, we find that liquidity creation by banks is positively associated with economic growth at country and industry levels. Liquidity boosts tangible, but not intangible investment does contribute to in countries high share industries reliant on assets. These findings are consistent theoretical model which fosters only if it suffi...

The research aims to examine and evaluate the accounting information disclosure (AID) quality of non-current tangible assets in annual financial statements private sector entities Lithuania identify characteristics these enterprises that have an impact on AID quality. model is created. Based national standards’ legal requirements, original checklists were structured, indexes (DQIs) allowing eva...