Search results
Results from the WOW.Com Content Network
National Intangible Capital NIC consists of four basic dimensions according to the model by Edvinsson & Malone (1997). [3] This model has been further developed, [4] now consisting 48 different indicators representing the four main NIC categories: [1] Human capital: Capacity and capability of a country population Market capital: Global business ...
The Goldman Sachs asset management (GSAM) factor model is a quantitative investment model used by financial analysts to assess the potential performance and risk of company. [ 1 ] [ 2 ] [ 3 ] There are various types of factor models – statistical models, macroeconomic models and fundamental models.
The fastest growing types of intangible asset over 2011–2021 have been software and data, followed by brands, organizational capital, and new financial products. Recent estimates from Brand Finance used in the Global Innovation Index (GII) suggest that the global value of intangibles has been growing rapidly over the last 25 years to reach ...
The first stage consists of fitting a series of local factor models of the familiar form resulting in a set of factor returns f(i,j,t) where f(i,j,t) is the return to factor i in the jth local model at t. The factor returns are then fit to a second stage model of the form
When the purchaser of an intangible asset is allowed to amortize the price of the asset as an expense for tax purposes, the value of the asset is enhanced by this tax amortization benefit. [1] Specifically, the fair market value of the asset is increased by the present value of the future tax savings derived from the tax amortization of the asset.
fictitious capital, which refers to intangible representations or abstractions of physical capital, such as stocks, bonds and securities (or "tradable paper claims to wealth") Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function.
Prior to this, the Capital Asset Pricing Model (CAPM), theorized by academics in the 1960s, held sway. CAPM held that there was one factor that was the driver of stock returns and that a stock's expected return is a function of its equity market risk or volatility, quantified as beta. The first tests of the Capital Asset Pricing Model (CAPM ...
where + is the cost to the firm, r the rental rate of capital, w the wage rate for labor, and P is the price of the output. As in microeconomics supply and demand models, first-order conditions that the derivative of this function with respect to capital and labor will be zero at the functions maximum.