6533b873fe1ef96bd12d5899
RESEARCH PRODUCT
Intellectual Capital and Company Value
Elvira ZelgalveIrina Berzkalnesubject
Actuarial scienceEconomic Value AddedBusiness valueIntellectual capitalEmbedded valueintellectual capitalvalue added intellectual coefficient (VAICTM)Market value addedCost of capitalEconomicshuman capitalGeneral Materials ScienceClassical economicsTobin's QBook valuecompany valueValuation (finance)description
AbstractThe bulk of traditional corporate valuation methods reflect historical performance, while it is necessary to also take into consideration the value which is off-balance-sheet and possible growth. Large differences exist between company market and book value, and a part of this can be explained by intellectual capital. The aim of the study is to make an empirical investigation of the impact of intellectual capital on company value. Empirical results show that one can find mixed results regarding relationship between value added intellectual coefficient VAICTM and company value.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2014-01-01 | Procedia - Social and Behavioral Sciences |