This study investigates the relationship of the intellectual capital of a company (proxied by its intangible assets), with leverage and equity and capital structure. Our empirical results indicate that there is a negative relation between the intellectual capital (intangible assets) of a company...

The new challenge before today's CEOs and executives is to realize that intellectual property (patents, trademarks and copyrights) are not only legal matters but also corporate finance matters. They are the assets that enhance corporate value and offer the company a new competitive advantage....