IDEAS home Printed from https://ideas.repec.org/a/vrs/aicuec/v65y2018i3p333-346n2.html
   My bibliography  Save this article

The Importance of Intangible Assets in the Hotel Industry: The Case of Croatia and Slovenia

Author

Listed:
  • Jerman Mateja

    (Department of Accounting and Auditing, Faculty of Management, University of Primorska, Slovenia)

  • Janković Sandra

    (Department of Accounting, Faculty of Tourism and Hospitality Management, University of Rijeka, Croatia)

Abstract

Studies show an increasing importance of intangible assets (hereinafter IA) and a positive relationship between IA and company performance. The purpose of this paper is to analyse the importance of IA for Croatian and Slovene hotel companies and to find out whether companies with a higher share of intangibles are also more profitable. The analysis is based on publicly available financial statements for the five-year period, from 2011 to 2015. The results show that the average share of IA presented in the balance sheets of the analysed hotel companies is low in both countries. Moreover, we could not find a statistically significant relationship between the share of IA and the selected financial performance indicators. The results of our study show that despite the emphasised importance of IA in literature, the publicly available financial data of the selected hotel companies provides very limited information on IA for external stakeholders.

Suggested Citation

  • Jerman Mateja & Janković Sandra, 2018. "The Importance of Intangible Assets in the Hotel Industry: The Case of Croatia and Slovenia," Scientific Annals of Economics and Business, Sciendo, vol. 65(3), pages 333-346, September.
    • Handle: RePEc:vrs:aicuec:v:65:y:2018:i:3:p:333-346:n:2
    DOI: 10.2478/saeb-2018-0017
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/saeb-2018-0017
    Download Restriction: no
    File URL: https://libkey.io/10.2478/saeb-2018-0017?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. María Dolores García-Gallo & Félix Jiménez-Naharro & Miguel Torres-García & José Guadix-Martín & Susan L. Giesecke, 2021. "Sustainability of Spanish Tourism Start-Ups in the Face of an Economic Crisis," Sustainability, MDPI, vol. 13(4), pages 1-15, February.

    More about this item

    Keywords

    intangible assets; hotel industry; financial performance; Slovenia; Croatia;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:aicuec:v:65:y:2018:i:3:p:333-346:n:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.