Description
This book is the primary comprehensive, scientifically primarily based take a look at of the character and have an effect on of intangibles. Weaving case studies and real-world examples with latest business theory, Baruch Lev – establishes an economic framework to research managerial and investment issues concerning intangibles; – surveys the have an effect on of intangibles on corporate performance and market values, including management difficulties, risk, questions of property rights, marketability, and cost structure; – analyzes information deficiencies associated with intangibles, including the foremost economic principles governing intangible investments, limits of management information systems, and recommendations for improved accounting disclosure; – sets forth a comprehensive information system—aimed at satisfying the desires of both internal and external decision makers—to reflect the have an effect on and value of intangibles throughout the context of enterprise performance.