Tangible assets, many of which can be easily collateralized, support debt. Accordingly, the amount of tangible assets is well-established as a principal driver of leverage. As investing is shifting more and more from tangible to intangible assets, it becomes crucial to understand to what extent intangible assets support debt. Analyzing this question empirically has been largely unfeasible due t...

The asset structure of companies should matter for financing decisions. Small and medium-sized companies in Croatia may use tangible assets as collateral, either providing more access to creditors or as a guarantee in case of bankruptcy. The aim of this paper is to investigate the relationship between tangible assets and the capital structure of Croatian small and medium-sized enterprises. Most...

Yigitcanlar, Tan and Velibeyoglu, Koray (2008) Knowledge-based strategic planning: harnessing (in)tangible assets of city-regions. Knowledge-based strategic planning: harnessing (in)tangible assets of city-regions Structured Abstract Purpose – The aim of this paper is to investigate the ways of best managing city-regions' valuable tangible and intangible assets while pursuing a knowledge-based ...

The world and its economy is going through countless and significant changes. Intangible assets are one of these changes due to the economy and the society have a higher demand for information than before. Nevertheless, tangible assets are still important assets within the economy since no economy will function without tangible assets. Intangible assets and tangible assets can contribute to tha...

this paper is an attempt to analyze the impact of income taxes and market capitalization on fixed investment (investment in tangible assets) by manufacturing companies listed on kse. this paper basically examines that how corporate income taxes affect fixed investment by reducing cash flow available for a firm to invest and how the firm size in the lights of market capitalization affects fixed ...

We augment a q-theory model with intangible assets where investments in intangible assets incur adjustment costs and the accumulation of intangible assets leads to investmentspecific technological change. The key parameters of the model are estimated using crosssectional return data and the Generalized Method of Moments (GMM). Our results show that the intangible-assets-augmented q-theory model...