The Relevance of Intangible Assets Considering Firm's Life Cycle
This study is aimed to investigate the relation of company life cycle with intangible assets relevance. In this research, first, intangible assets relevance has been investigated and then, the relevance of these assets is examined during each of the stages of firms' life, and finally, utilizing...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Alzahra University
2016-03-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | http://jera.alzahra.ac.ir/article_650_371a286f994418a225109974f85abcb4.pdf |
| Summary: | This study is aimed to investigate the relation of company life cycle with intangible assets relevance. In this research, first, intangible assets relevance has been investigated and then, the relevance of these assets is examined during each of the stages of firms' life, and finally, utilizing correlation analysis, multivariable regressions and Wald test the hypotheses are examined. The analysis of 25 firms during the period of 2004 to 2012 show that there is a positive and significant relation of book value of firm, abnormal earning and book value of intangible assets with the equity market value. Also the results show that among the life cycle stages of firm, the relevance of intangible assets is higher in maturity and decline stages. |
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| ISSN: | 2251-8509 2538-1520 |