Similar Search Results

A New Approach to the Valuation of Intangible Capital

Cummins, Jason G. - 2012

, which ignores the possibility that the value of the .rm and its investment policy are simultaneously determined. Larger …

Persistent link: https://www.econbiz.de/10013102059

Intangible Investment and Firm Performance

Chappell, Nathan - 2018

investment and firm performance. We find that firm size and moderate competition is associated with higher intangible investment …, while firm age is associated with lower intangible investment. Examining firm performance, we find that higher investment is … not with higher productivity or profitability. The evidence suggests that intangible investment is associated with growth …

Persistent link: https://www.econbiz.de/10012925908

Understanding Weak Capital Investment : The Role of Market Concentration and Intangibles

Crouzet, Nicolas - 2019

, collectively known as “intangible capital” can explain much of the weakness in physical capital investment since 2000. Moreover …

Persistent link: https://www.econbiz.de/10012869542

The Productivity J-Curve : How Intangibles Complement General Purpose Technologies

Brynjolfsson, Erik - 2018

General purpose technologies (GPTs) such as AI enable and require significant complementary investments, including co-invention of new processes, products, business models and human capital. These complementary investments are often intangible and poorly measured in the national accounts, even...

Persistent link: https://www.econbiz.de/10012909517

Corporate Tax Avoidance and Firm Value

Dharmapala, Dhammika - 2010

How do investors value managerial actions designed solely to minimize corporate tax obligations? Using a framework in which managers' tax sheltering decisions are related to their ability to divert value, this paper predicts that the effect of tax avoidance on firm value should vary...

Persistent link: https://www.econbiz.de/10012762477

Depreciation of Business R&D Capital

Li, Wendy - 2016

We develop a forward‐looking profit model to estimate the depreciation rates of business R&D capital. By using data from BEA and NSF between 1987 and 2007, and the newly developed model, we estimate both constant and time‐varying industry‐specific R&D depreciation rates. The results...

Persistent link: https://www.econbiz.de/10012985953

Did Fair-Value Accounting Contribute to the Financial Crisis?

Laux, Christian - 2010

The recent financial crisis has led to a major debate about fair-value accounting. Many critics have argued that fair-value accounting, often also called mark-to-market accounting, has significantly contributed to the financial crisis or, at least, exacerbated its severity. In this paper, we...

Persistent link: https://www.econbiz.de/10013150289

Measuring the Location of Production in a World of Intangible Productive Assets, FDI, and Intrafirm Trade

Lipsey, Robert E. - 2010

As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...

Persistent link: https://www.econbiz.de/10012759116

Intangible Capital and Productivity : An Exploration on a Panel of Italian Manufacturing Firms

Bontempi, Maria Elena - 2010

The paper examines the size and productivity of total intangible capital relative to total tangible capital for a large panel of Italian Manufacturing firms. In the analysis, we decompose total intangibles in two different ways: in intangibles expensed in firms' current accounts (as usually...

Persistent link: https://www.econbiz.de/10012759191

Technology Capital and the U.S. Current Account

McGrattan, Ellen R. - 2010

foreign and domestic locations. Used abroad, it generates profits for foreign subsidiaries with no foreign direct investment …

Persistent link: https://www.econbiz.de/10012759325

1
2
3
4
5
6
7
8
9
10
Next
Last