... that the book value of other intangible assets of European listed firms is higher under IFRS than local GAAP and has more informative value for explaining the price of the share and stock market returns. European investors, however, consider the financial information conveyed by capitalized goodwill to be less...

... © Emerald Group Publishing Limited 2006 Microeconomics Balanced scorecard Resource allocation Prices Performance measures Kaplan and Norton (1992) presented the balanced scorecard concept (BSC) as a performance measurement and control system. The founding idea of the concept...