La reconnaissance du capital immatériel : quels enjeux pour l’évaluation des        entreprises ?

Bessieux-Ollier, Corinne; Schatt, Alain; Walliser, Élisabeth; Zéghal, Daniel

doi:10.7202/1025086ar

Cited by 10 publications

(3 citation statements)

References 36 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Intangible capital encompasses all of the intangible resources and capabilities that the firm owns or controls and uses to do business, create value and distinguish itself from its competitors (Brooking, 1996;Edvinsson and Malone, 1997;Sveiby, 1997). Intangible capital, such as brands, customer relationships, technology, working procedures and methods, along with human capital, includes all of the firm's resources without physical substance that have an economic value and are likely to produce future cash flows and profits (Bessieux-Ollier et al, 2014). In simple terms, intellectual capital is intangible capital that is not recognised in the financial statements (Castilla-Polo and Gallardo-Vazquez, 2016).…”

Section: Introductionmentioning

confidence: 99%

Voluntary disclosure and intellectual capital: how CEOs mobilise discretionary accounting narratives to account for value creation stemming from intellectual capital

Albertini¹,

Berger-Remy²,

Lefrancq

et al. 2021

JAAR

Self Cite

View full text Add to dashboard Cite

PurposeThis research aims to contribute to the current discussion led by international accounting bodies on intellectual capital narratives. Before setting a standard, a preliminary step is to highlight intellectual capital components' sources of value. The objective of this exploratory paper is to contribute to the discussion by proposing a detailed description and taxonomy of intellectual capital based on an analysis of discretionary accounting narrative disclosures in CEO letters.Design/methodology/approachTo answer the research question, a computerised lexical content analysis was done of 241 letters from the CEOs of S&P Euro 350 companies addressed to shareholders.FindingsBeyond the required disclosures about balance sheet intangibles, this study brings to light discretionary narratives about human, digital, customer and environmental capital and their interactions. In particular, CEOs are promoting two new themes, environmental capital and digital capital, as major contributors to value creation.Research limitations/implicationsThe limitations of this study are inherent in the media studied, namely the CEOs' letters to shareholders, which were written as part of the firms' official communication.Practical implicationsThe main contribution of the research is a detailed description of the intellectual capital components that CEOs consider to be at the heart of their companies' models to create value. Human and customer capital were already familiar under the previous classification, but CEOs present digital and environmental capital as areas of opportunity or risk in their discretionary narratives.Originality/valueThe article contributes to the current international discussions on intellectual capital by focusing on discretionary accounting narratives. It seeks to provide guidelines concerning future standards in the current stage of intellectual capital research.

show abstract

Section: Introductionmentioning

confidence: 99%

Voluntary disclosure and intellectual capital: how CEOs mobilise discretionary accounting narratives to account for value creation stemming from intellectual capital

Albertini¹,

Berger-Remy²,

Lefrancq

et al. 2021

JAAR

Self Cite

View full text Add to dashboard Cite

show abstract

“…Embora a vertente favorável à reformulação da Contabilidade preconize que a evidenciação completa de todos os ativos intangíveis seja obrigatória e que as agências e órgãos de regulamentação contábil deveriam endossar essa proposta e padronizar um relatório específico (Lev, 2008), há também outras alternativas para avançar no sentido de uma maior evidenciação dos ativos intangíveis das empresas. Nesse sentido, para além do reconhecimento de que os participantes do Mercado de Capitais podem ser capazes de avaliar esses ativos, sugere-se também o incentivo à evidenciação estruturada de informações voluntárias sobre os ativos intangíveis, as quais serviriam de subsídios aos usuários externos, auxiliando a tomada de decisão e contribuindo para reduzir assimetrias de informação (GARCÍA-AYUSO, 2003;BESSIEUX-OLLIVER et al, 2014;ZÉGHAL;MAALOUL, 2011;SKINNER, 2008a).…”

Section: Convergência Das Perspectivas Da Contabilidade E Das Finançaunclassified

Proposta De Convergência Teórica Das Perspectivas Das Finanças E Da Contabilidade Na Avaliação De Ativos Intangíveis

et al. 2018

View full text Add to dashboard Cite

Os ativos intangíveis passaram, nos últimos anos, a serem considerados como os principais direcionadores de valor corporativo. Apesar de sua relevância, avaliá-los tem se constituído em uma atividade complexa que envolve o debate entre as perspectivas da Contabilidade e das Finanças. Ao se discutir neste ensaio teórico as potencialidades e as limitações da Contabilidade e das Finanças para avaliar os ativos intangíveis – a partir de suas teorias positivas e normativas, o objetivo foi apresentar uma proposta de possível convergência entre essas perspectivas, a qual ensejasse uma melhoria na qualidade da informação concernente ao valor desses ativos. Argumentou-se, por um lado, que a Contabilidade não evidencia os ativos intangíveis inteiramente nas demonstrações contábeis; e, por outro, defendeu-se que metodologias financeiras permitiriam compensar essa lacuna na informação. Como conclusão, entendeu-se que ambas perspectivas se complementam, uma vez que a avaliação dos ativos intangíveis funciona como um ciclo, em que a Contabilidade evidencia nas demonstrações financeiras o que de fato reconhece como eventos que alteraram a situação econômica, financeira e patrimonial da firma, enquanto as Finanças concentram-se na análise dessas informações, em conjunto com dados externos, como suporte à tomada de decisão.

show abstract

“…The services sector, particularly, relies on knowledge or, more precisely, on the set of employee's competences (Vargo et Lusch, 2017), as they are intangible goods. Intangible capital such as technology, relationships with customers, brands, working culture, together with human capital influence on company's value creation processes, production of cash flows and profits (Bessieux-Ollier et al, 2014). It was a matter of interest to understand how the companies of this sector develop their human resources' competences, and especially the intercultural competence (ICC) (Arasaratnam & Doerfel, 2005;Waxin & Barmeyer, 2008;Bartel&Radic, 2009;Barmeyer & Davoine, 2012).…”

Section: Introductionmentioning

confidence: 99%

Intercultural Competences in the French Financial Services Companies

Petković

2021

View full text Add to dashboard Cite

The aim of this paper is to explore public corporate news related to the topic of intercultural competence (ICC) in 4 French companies in the year of 2018. In order to answer the research question, a computerized lexical content analyses were done of 424 separate news (texts), with 243,146 words. The research model generated a bottom up clustering on keywords, titles and abstracts. The examination of the data concentrates on 4 main clusters of news that focus on (1) motivation as an affective component - desire to cooperate with strangers, (2) knowledge as a cognitive component – understanding and awareness, (3) skills as a behavioral component – personal ability to engage behaviors, and (4) financial performance as a final success result – companies' ability to gain competitive advantage and create future value. A transversal review of the four clusters reveals that ICC as a portfolio of specialized competences whose complementary intellectual resources are crucial for the companies’ value creation process is insufficiently present in the communication practices. ICC as a part of human capital is a key companies’ resource for creation of future value and should be therefore more considered in companies’ communication practices. The article contributes to the current literature on ICC narratives. It seeks to provide explanation of which ICC components companies focus most on in order to gain competitive advantage and financial performance.

show abstract

La reconnaissance du capital immatériel : quels enjeux pour l’évaluation des entreprises ?

Cited by 10 publications

References 36 publications

Voluntary disclosure and intellectual capital: how CEOs mobilise discretionary accounting narratives to account for value creation stemming from intellectual capital

Voluntary disclosure and intellectual capital: how CEOs mobilise discretionary accounting narratives to account for value creation stemming from intellectual capital

Proposta De Convergência Teórica Das Perspectivas Das Finanças E Da Contabilidade Na Avaliação De Ativos Intangíveis

Intercultural Competences in the French Financial Services Companies

Contact Info

Product

Resources

About