The Influence of Reporting Intangible Capital on the Performance of Romanian Companies

Precob, Cristina; Mironiuc, Marilena

doi:10.20869/auditf/2016/133/103

Cited by 3 publications

(1 citation statement)

References 3 publications

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“…Reportedly, there is negligible empirical evidence for the adverse impact of intangibles on performance in developing countries, ascribable to inadequate institutional infrastructure regarding intellectual property rights [42]. Other researchers have expanded the research area by demonstrating that firm performance comes as a result of the interplay between the three components of IC, namely human capital, structural capital and relational capital or the individual influence of one or more of these components, conducting studies in various contexts (Malaysia- [49]; Romania- [23] pharmaceutical industry of Jordan- [50]; information technology industry of Taiwan- [51]; non-financial listed firms from Western Europe- [52]; pharmaceutical industry of China- [1]; children's clothing industry of Italia- [53]). Pertaining to the value creation process, Brătianu [54] points out that companies with similar potential IC can achieve different performances because the process of transformation into operational IC is impacted by organisational "nonlinear integrators" (i.e., organisational culture, management, leadership).…”

Section: Intangibles and Firm Performancementioning

confidence: 99%

Intangibles, Firm Performance, and CEO Characteristics: Spotlight on the EU Electricity and Gas Industry

2022

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The transition from the industrial economy to the knowledge-based economy has changed the status quo, and consequently, intangibles have gained traction in the scientific discourse of recent decades. The paper aims to scrutinise, econometrically, the nexus between intangibles and firm performance and the moderating role of CEO duality and CEO gender. Capital-intensive industries are largely overlooked by previous studies, which prompted us to explore the electricity and gas industry. The analysis is based on a longitudinal dataset of EU-listed companies and employs a quantitative approach to study the causal relationships between intangibles, firm performance, and CEO characteristics. Results demonstrate that intangible assets are a stepping stone to better financial and market performance, which endorses the resource-based view. Today’s social and cultural milieu sees gender diversity in a positive light. Consonant with the upper echelons theory, the study finds that CEO gender positively impacts the intangibles–firm performance relationship. The hypothesised prejudicial effect of CEO duality, postulated by the agency theory, is only partially supported. Managers and policymakers are advised to pay particular attention to intangibles and science-driven projects to augment corporate performance. Creating a diversity-friendly culture is also of paramount importance.

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Section: Intangibles and Firm Performancementioning

confidence: 99%

Intangibles, Firm Performance, and CEO Characteristics: Spotlight on the EU Electricity and Gas Industry

2022

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العلاقة بين الموجودات غير الملموسة وسياسة توزيع الأرباح

حسين,

إبراهيم

2021

Tikrit J. Admin. Econ. Sci.

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يهدف البحث إلى اختبار العلاقة بين الموجودات غير الملموسة وسياسة توزيع الأرباح، إذ تم اعتماد كل من (خدمات استشارات وأبحاث، ونفقات السفر والإيفاد لأغراض النشاط، ونفقات الدعاية والإعلان، ونفقات التأهيل والتدريب) كممثلين للموجودات غير الملموسة كمتغير مُفسر، وسياسة توزيع الأرباح كمتغير مُعتمد للوصول لهدف البحث، وتناول البحث مجموعة البيانات لـ (8) من الشركات المصرفية المدرجة في سوق العراق للأوراق المالية للمدة من 2010 ولغاية 2018، إذ تكونت العينة من (67) مشاهدة، وتم استخدام برنامج الحزمة الإحصائية (SPSSV24) في التحليل الإحصائي للوصول إلى هدف البحث، وتوصل البحث إلى أن هناك علاقة إيجابية معنوية بين الموجودات غير الملموسة وسياسة توزيع الأرباح. وكان من اهم التوصيات زيادة وعي إدارة الشركات العراقية بالدور المهم للموجودات غير الملموسة في تحقيق الميزة التنافسية وتعظيم قيمة الشركة وزيادة الأرباح.

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Costs of the Human Capital and Development of the Social Potential in Accounting System for Central and Eastern Europe

Пшинько

Головкова

Kolomiiets

et al. 2020

JEE

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Nowadays, human capital and social potential become the most valuable resource for the harmonious development of the national economy. Expenditure on human capital and social development should occupy a significant part in the state budgets of countries. Therefore, accounting of such expenses is extremely important. The purpose of the study is to reveal the possibility of accounting for expenditures on the human capital and social potential development in the accounting system of the Central and Eastern Europe, provide recommendations for the current accounting system. The research revealed the plurality and ambiguity of the interpretation for the categories «human capital» and «social potential». The regulatory and legislative uncertainty complicates the accounting of the human capital costs and development of the social potential. These categories must be defined by law. As per normative and methodological basis for the accounting of the human capital, it would be better to apply the International Financial Reporting Standards. The absence or misrepresentation of information about available human capital are contrary to IFRS requirements and reduces or exaggerates the value of the organization. It is offered in IFRS, to provide a comprehensive accounting of the cost for the human capital and developing social capacity. The budget of the Central and Eastern European countries includes only the costs of social protection, health, education, recreation, culture, religion. After the budget analysis was conducted, the authors proposed to develop new objects of accounting (human capital, social potential), accounting standards for it. A part of the GDP expenses should be directed to the financing of the human capital expenditures and social potential development. JEL: E24, G41, H83.

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The Influence of Reporting Intangible Capital on the Performance of Romanian Companies

Abstract: Abstract

Cited by 3 publications

References 3 publications

Intangibles, Firm Performance, and CEO Characteristics: Spotlight on the EU Electricity and Gas Industry

Intangibles, Firm Performance, and CEO Characteristics: Spotlight on the EU Electricity and Gas Industry

العلاقة بين الموجودات غير الملموسة وسياسة توزيع الأرباح

Costs of the Human Capital and Development of the Social Potential in Accounting System for Central and Eastern Europe

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