The Role of Emotional Assets and Liabilities in a Firm
Journal of Human Resource Costing & Accounting
ISSN: 1401-338X
Article publication date: 1 January 2004
Abstract
There is an absence of research addressing the process by which emotional (also called sensational) assets and liabilities interact with the intellectual and accounting assets and liabilities of a firm. This conceptual paper discusses the relationship between these types of assets and liabilities, and examines the way in which emotional assets and liabilities (emotional capital) influence the fair value, profits and cash flow of a firm. It outlines how the core emotions related to products and services can influence customers in making purchasing decisions that maximise the value of a firm. It also offers indicators for the managing and reporting of emotional assets and reviews several theories that attempt to explain the relationship between the emotional assets and liabilities and value of a firm.
Citation
ABEYSEKERA, I. (2004), "The Role of Emotional Assets and Liabilities in a Firm", Journal of Human Resource Costing & Accounting, Vol. 8 No. 1, pp. 35-44. https://doi.org/10.1108/eb060815
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited