The Stock Market is Not the Best Way to Value Intangibles

In the Value Networks discussion group here, someone recently asked the question about the value of intangibles now that the stock market has declined so precipitously. Many of us in the field have used the shorthand formula: market cap – tangible book value = intangibles.

This got me started and I posted the following answer. Most of these themes have been explored in previous posts but this one pulls a lot of it together… Read more

Intangible Cost, Not Value

At the recent conference on Intangible Assets at the National Academies, the discussion “Intangibles in the Firm” consisted of two presentations, one by Baruch Lev, Professor of Accounting and Finance at the Stern School at NYU, and the other by Ron Bossio, Senior Project Manager from the Financial Accounting Standards Board.

It is not surprising that the organizers of the conference turned to two accountants to explain the “state of the art” of intangibles in the firm Read more