David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 88 (4):679 - 689 (2009)
This article does not intend to actually valuate intangible assets but focuses to investigate the relative value distribution of corporate intangible assets, and this links closely to the concept and application of value drivers. This is because we believe that drivers or attributes of the value significantly determine how the virtual value of these intangibles can be created for companies. We apply the analytic hierarchy process (AHP) to the appraising process of intangible assets. The AHP method can mainly sort the non-financial value drivers in order according to their weighted contributions. Therefore, the key purpose of this article is to develop a tentative model for the evaluation of intangible assets, which helps business to correctly appraise corporate value ratios and avoid bias due to mainly relying on financial statements when measuring an entity’s value. In addition, in view of the significant proportion of intangible assets over total assets in high-technology industries, this research, then, uses six industries in Hsinchu Science Park, Taiwan, as its research objects in order to test the applicability of its model, as well as exploring the value weights of intangible assets and its evaluation among different technology industries. Besides, the empirical result of this article is mainly to support business appraisal and thus improves the effectiveness of value-based management.
|Keywords||intangible assets value drivers AHP method evaluation model hi-tech industry business appraisal|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Grace Tyng-Ruu Lin & Jerry Lin (2006). Ethical Customer Value Creation: Drivers and Barriers. [REVIEW] Journal of Business Ethics 67 (1):93 - 105.
Citations of this work BETA
No citations found.
Similar books and articles
Gordon Liu & Wai-Wai Ko (2011). Social Alliance and Employee Voluntary Activities: A Resource-Based Perspective. [REVIEW] Journal of Business Ethics 104 (2):251-268.
Ricardo Lopes Cardoso & Andre C. B. Aquino, Vagueness on the Left Side of Balance Sheet Classification.
Robert C. Padgett & Jose I. Galan (2010). The Effect of R&D Intensity on Corporate Social Responsibility. Journal of Business Ethics 93 (3):407 - 418.
Masaaki Kijima (1997). The Generalized Harmonic Mean and a Portfolio Problem with Dependent Assets. Theory and Decision 43 (1):71-87.
Alex Steel, Problematic and Unnecessary? Issues with the Use of the Theft Offence to Protect Intangible Property.
Carla C. J. M. Millar & Chong Ju Choi (2003). Advertising and Knowledge Intermediaries: Managing the Ethical Challenges of Intangibles. [REVIEW] Journal of Business Ethics 48 (3):267-277.
Kenneth L. Kraft & Jerald Hage (1990). Strategy, Social Responsibility and Implementation. Journal of Business Ethics 9 (1):11 - 19.
Davide Ravasi & Violina Rindova, Creating Symbolic Value: A Cultural Perspective on Production and Exchange.
Added to index2009-01-28
Total downloads16 ( #108,626 of 1,102,134 )
Recent downloads (6 months)5 ( #68,222 of 1,102,134 )
How can I increase my downloads?