The valuation of intellectual/intangible capital by the capital markets
Analyse financière n°61 Octobre – Novembre – Décembre 2016
Techniques et Recherche
Par Arsia Amir-Aslani, PHD, Grenoble École de Management, Ali Zarrineh, Swiss Capital Partners AG, et Romain Boudeau, Graduate of Grenoble School of Business
In modern economies, where intangible assets contribute largely to a firm’s value, the question of accounting information is perennial. And the point of whether the stock market values reflect the intangible R&D capital is often raised as well as the subject of what constitute IC and how to measure them. In this article, the authors review the literature.