THE DETERMINANTS OF INTANGIBILITY

Authors

  • Eduardo Kazuo Kayo Universidade Presbiteriana Mackenzie
  • Herbert Kimura Universidade Presbiteriana Mackenzie
  • Leonardo Fernando Cruz Basso Universidade Presbiteriana Mackenzie
  • Elizabeth Krauter Universidade de São Paulo

Abstract

The study of intangible assets has attracted increasing interest in the recent years. By force of this trend, the study of companies that intensely use this type of asset is also relevant. The intangible assets are responsible for great changes in the financial and operational characteristics of the companies. Following this assumption, an important question to be analyzed is whether significant differences between tangible-intensive and intangible-intensive companies exist. Thus, the objective of this paper is to analyze the possible financial-economic determinants of the intangibility of the Brazilian companies. The results show that two variables related to the debt level and to the size of companies are important in the differentiation between the intangible-intensive and tangible-intensive firms in Brazil.

Downloads

Download data is not yet available.

Author Biographies

Eduardo Kazuo Kayo, Universidade Presbiteriana Mackenzie

Professor do Programa de Pós-Graduação em Administração de Empresas na Universidade Presbiteriana Mackenzie. Doutor e Mestre em Administração pela FEA – USP.

Herbert Kimura, Universidade Presbiteriana Mackenzie

Professor do Programa de Pós-Graduação em Administração de Empresas na Universidade Presbiteriana Mackenzie. Doutor em Administração pela FEA – USP e pela EAESP – FGV. Mestre em Estatística pela IME – USP.

Leonardo Fernando Cruz Basso, Universidade Presbiteriana Mackenzie

Professor do Programa de Pós-Graduação em Administração de Empresas na Universidade Presbiteriana Mackenzie. PhD em Economia pela New School of Social Research, Estados Unidos.

Elizabeth Krauter, Universidade de São Paulo

Doutoranda em Administração pela FEA – USP. Mestre em Administração pela Universidade Presbiteriana Mackenzie.

Downloads

Published

2008-07-30

Issue

Vol. 7 No. 3 (2006)

Section

Presentation

License

Once the papers have been approved, the authors will assign their copyrights to this Journal.  The Copyright Assignment Conditions include:

1.  The Mackenzie Administration Journal holds the rights to all the papers published therein through assignment of copyright. 

2.  The author retains moral rights to the paper, including the right to identify the author whenever the article is published.

3. As of July 1, 2015 RAM adopted the CC-BY license standard (Creative Commons– BY). Authors are allowed to copy, distribute, display, transmit and adapt articles. Authors must attribute to RAM explicitly and clearly an article’s original publication (with reference to the journal’s name, edition, year and pages in which the article was originally published), yet without suggesting that RAM endorses the author or its use of the article. Contents are released by means of the CC-BY license to fully inter-operate with a variety of different systems and services, including for commercial purposes. In case of an article’s reuse or distribution, authors must make the article’s licensing terms clear to third parties. CC-BY criteria follow open access policies by major OA (Open Access) publishers and journals, such as PLoS, eLife, Biomed Central and Hindawi, among others.

4.  When formally requested by the author, this Journal may allow the paper to be published as a chapter or part of a book.  The only requirement is that prior publication in this Journal (Journal name, issue, year and pages) must be clearly and explicitly shown as a reference.