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The components of intangible capital: An exploration of Lebanese companies

Author

Listed:
  • Wael Bakhit

    (Department of Finance, Faculty of Economics and Business Administration, Lebanese University, Lebanon)

  • Marwa Ziadeh

    (Department of Finance, Faculty of Economics and Business Administration, Lebanese University, Lebanon)

  • Zouhour El-Abiad

    (Department of Finance, Faculty of Economics and Business Administration, Lebanese University, Lebanon)

Abstract

The aim of this study is to explore the place of the different components of the intangible capital in Lebanese companies. It’s an exploratory reserach based on a sample of 14 Lebanese companies analyzed with the “Tropes” software. It focuses on the constituent elements of intangible capital, its place within these companies and its contribution to the creation of value. Results confirm the three proposals defined by literature review. First, the human capital consitutes the most valued intangible capital. Second, the disclosure of information on the intangible plays an important role in the valuation of the intangible capital. And third, the intangible capital is a major factor for achieving the development and value creation in a company.This work is unique because it concludes a first proposal for the classification of the components of intangible capital and explores the intangible capital in a new field. However, this research remains as exploratory and requires further investigations on the intangible capital based on new methodologies and different scales of measurement.

Suggested Citation

  • Wael Bakhit & Marwa Ziadeh & Zouhour El-Abiad, 2019. "The components of intangible capital: An exploration of Lebanese companies," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 8(3), pages 109-122, July.
    • Handle: RePEc:rbs:ijfbss:v:8:y:2019:i:3:p:109-122
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    References listed on IDEAS

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