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Determining Economic Security of a Business Based on Valuation of Intangible Assets according to the International Valuation Standards (IVS)

Author

Listed:
  • Dmitrii Rodionov

    (Graduate School of Industrial Economics, Peter the Great St. Petersburg Polytechnic University, 195251 Saint-Petersburg, Russia)

  • Olesya Perepechko

    (Graduate School of Industrial Economics, Peter the Great St. Petersburg Polytechnic University, 195251 Saint-Petersburg, Russia)

  • Olga Nadezhina

    (Graduate School of Industrial Economics, Peter the Great St. Petersburg Polytechnic University, 195251 Saint-Petersburg, Russia)

Abstract

This work considered the economic security of an enterprise with regard to the valuation of intangible assets according to the International Valuation Standards (IVS). This study is essential due to a growing number of companies with intangible assets (trademarks, patents, know-how, etc.) as their main value. This study included analysis of the impact created by the value of intangible assets and intellectual property on company capitalization and economic security plus a regression model. An algorithm was developed to determine the economic security of a business based on the valuation of intangible assets according to the IVS. The suggested algorithm can allow a company to manage its intangible assets effectively using the IVS, which, in turn, will provide the required level of economic security for further development and achievement of strategic goals by the business entity.

Suggested Citation

  • Dmitrii Rodionov & Olesya Perepechko & Olga Nadezhina, 2020. "Determining Economic Security of a Business Based on Valuation of Intangible Assets according to the International Valuation Standards (IVS)," Risks, MDPI, vol. 8(4), pages 1-14, October.
    • Handle: RePEc:gam:jrisks:v:8:y:2020:i:4:p:110-:d:431765
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    References listed on IDEAS

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    3. Clausen, Saskia & Hirth, Stefan, 2016. "Measuring the value of intangibles," Journal of Corporate Finance, Elsevier, vol. 40(C), pages 110-127.
    4. Cruz Basso, Leonardo Fernando & Albuquerquer Saliba de Oliveira, Juliana & Kimura, Herbert & Sumoyama Braune, Erica, 2015. "The Impact Of Intangibles On Value Creation: Comparative Analysis Of The Gu And Lev Methodology For The United States Software And Hardware Sector / Impacto De Los Intangibles Sobre La Creación De Val," Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE), Academia Europea de Dirección y Economía de la Empresa (AEDEM), vol. 21(2), pages 73-83.
    5. Mary E. Barth & Ron Kasznik & Maureen F. McNichols, 2001. "Analyst Coverage and Intangible Assets," Journal of Accounting Research, Wiley Blackwell, vol. 39(1), pages 1-34, June.
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    Cited by:

    1. Viktoria Degtereva & Maria Liubarskaia & Viktoria Merkusheva & Alexey Artemiev, 2022. "Increasing Importance of Risk Management in the Context of Solid Waste Sphere Reforming in Russian Regions," Risks, MDPI, vol. 10(4), pages 1-13, April.

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