The Impact of Intangible Assets and Sub-Components of Intangible Assets on Sustainable Growth and Firm Value: Evidence from Turkish Listed Firms

dc.authoridFındık, Derya/0000-0002-3002-4391
dc.authorwosidOcak, Murat/V-1731-2018
dc.authorwosidFındık, Derya/KJM-2519-2024
dc.contributor.authorOcak, Murat
dc.contributor.authorFindik, Derya
dc.date.accessioned2024-06-12T11:07:12Z
dc.date.available2024-06-12T11:07:12Z
dc.date.issued2019
dc.departmentTrakya Üniversitesien_US
dc.description.abstractThis study explores the effect of intangible assets and sub-components of intangible assets on sustainable growth and firm value in Turkey. The cumulative (i.e., aggregative) value of intangible assets of firms and sub-components of intangible assets were used as test variables in the current study. Further, intangible assets of the firms were divided into three sub-components using the classification of Corrado, Hulten and Sichel, namely computerized information and database, innovative property, and economic competence. Firms listed on Borsa stanbul were analyzed to test the hypotheses. Two different measures of sustainable growth of firms and unique measure of firm value were used as dependent variables. The final sample includes 1353 observations for nine years between 2005-2013 in Turkey. Ordinary least square (OLS) and Heckman two-stage estimation procedures were employed to test the hypotheses. Estimation results of OLS and Heckman two-stage procedures show that the cumulative value of intangible assets affect the sustainable growth rates of firms and firm value positively. When the cumulative value of intangible assets was classified into three sub-components, both computerized information and database and economic competence impact the sustainable growth rates of firms and firm value.en_US
dc.identifier.doi10.3390/su11195359
dc.identifier.issn2071-1050
dc.identifier.issue19en_US
dc.identifier.scopus2-s2.0-85073447795en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.3390/su11195359
dc.identifier.urihttps://hdl.handle.net/20.500.14551/21949
dc.identifier.volume11en_US
dc.identifier.wosWOS:000493525500218en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherMdpien_US
dc.relation.ispartofSustainabilityen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectIntangible Assetsen_US
dc.subjectSustainable Growthen_US
dc.subjectFirm Valueen_US
dc.subjectComputerized Information And Databaseen_US
dc.subjectEconomic Competenceen_US
dc.subjectInnovative Propertyen_US
dc.subjectTurkeyen_US
dc.subjectBorsa Istanbulen_US
dc.subjectResearch-And-Developmenten_US
dc.subjectTobins-Qen_US
dc.subjectCorporate Governanceen_US
dc.subjectInformation-Technologyen_US
dc.subjectDevelopment Investmenten_US
dc.subjectKnowledge Assetsen_US
dc.subjectBoard Diversityen_US
dc.subjectStock-Pricesen_US
dc.subjectMarket Valueen_US
dc.subjectPerformanceen_US
dc.titleThe Impact of Intangible Assets and Sub-Components of Intangible Assets on Sustainable Growth and Firm Value: Evidence from Turkish Listed Firmsen_US
dc.typeArticleen_US

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