... measurement at fair value. By contrast, NGAAP are earnings-oriented and focus on historical cost. IFRS also differ from NGAAP by recognizing more intangible assets. Overall, IFRS are thus less conservative than NGAAP. It was found that expanded fair value accounting increases the value relevance of book...

... regression models. The first model investigates the stock market valuation of intangible assets and disclosure about innovation. The second model desegregates earnings to assess the relevance of components related to intangibles. The third model investigates how intangible expenses and voluntary disclosure...

...Jean‐Michel Sahut; Sandrine Boulerne; Frédéric Teulon Purpose The purpose of this paper is to study the information content of intangible assets under IAS/IFRS when compared to local GAAP for European listed companies. Design/methodology/approach The paper employs multivariate regression...

... The paper developed a methodology whereby it is possible to detect periods there the P/E ratio is not properly anticipated. © Emerald Group Publishing Limited 2007 Price earning ratio Stock prices Intangible assets Few variables in Finance get more attention from investors and analysts...

.... Patricia Mui‐Siang Tan can be contacted at: amstan@ntu.edu.sg © Emerald Group Publishing Limited 2007 Market value Intangible assets Biotechnology Accounting systems Income Financial forecasting This paper attempts to provide insights into the valuation of biotechnology stocks...