La valoración financiera de los intangibles y los resultados empresariales.

Abstract

This paper aims to analyse the Basque Country companies� view about the financial valuation of intangibles relevance and its influence on business performance. To achieve this objective, a field study has been done with 434 telephone calls to Basque Country companies� financial managers. Then, their responses and theirs economicfinancial results of its companies are analysed. The results show that the companies of the sample that are interested in the financial valuation of the intangibles, specially for internal motivation, and that have achieved a greater degree of identification of its intangible resources, get a higher growth in turnover. However, this improvement can not be transfered to the profitability. Thus, the companies that are more interested in their valuation of intangibles for external reasons need to provide information to stakeholders about their ability to generate income.