TY  - JOUR
AB  - There is a dramatic increase in the number of companies whose value lies largely in their intangible assets; with relatively little or no value associated with their tangible assets. Traditional methods of valuation, based on accounting principles, where the value of the firm’s assets is a portion of the value, have systematically undervalued companies such as these. This article discusses the problem of valuing intangibles companies and suggests two approaches to determining their value. It also describes two common circumstances where company value is desired and discusses how value may be determined using a non‐traditional perspective on the company along with traditional methods for valuation. The two circumstances examined are the going‐concern value and the value under merger or acquisition circumstances (recognizing that these two circumstances produce very different valuations for the corporation).
VL  - 1
IS  - 4
SN  - 1469-1930
DO  - 10.1108/14691930010359234
UR  - https://doi.org/10.1108/14691930010359234
AU  - Sullivan Patrick H.
AU  - Sullivan Patrick H.
PY  - 2000
Y1  - 2000/01/01
TI  - Valuing intangibles companies – An intellectual capital approach
T2  - Journal of Intellectual Capital
PB  - MCB UP Ltd
SP  - 328
EP  - 340
Y2  - 2024/04/27
ER  -