Elkemali, Taoufik - In: Economies : open access journal 12 (2024) 6, pp. 1-17
intangible assets, often associated with heightened uncertainty and risk, contribute to increased earnings volatility compared to … capital expenditures. Furthermore, we find that capitalizing intangible assets serves to alleviate uncertainty, resulting in …-tech industries than in low-tech industries. Additionally, our robustness test, utilizing goodwill as a proxy for intangible assets …