A4 Refereed article in a conference publication
Critical analyse of the Calculated Intangible Value (CIV) method
Authors: Aho MS, Ståhle P, Ståhle S
Publisher: Uniprint
Publication year: 2011
Journal name in source: 2011 6TH INTERNATIONAL FORUM ON KNOWLEDGE ASSET DYNAMICS (IFKAD2011)
First page : 584
Last page: 595
Number of pages: 12
Abstract
Practical implications - The methodology puts in evidence that CIV is to be interpreted solely as a financial efficiency measure linked to companies - return on assets (ROA) performance. Based on its structure and formulae, CIV can only be considered to measure an overall financial recognized comparative advantage (RCA) with respect to competitors within the same sector and market. However, based on the theoretical analysis, nothing supports the simplifying assumption that a company's CIV is a measure of its intellectual capital.
Practical implications - The methodology puts in evidence that CIV is to be interpreted solely as a financial efficiency measure linked to companies - return on assets (ROA) performance. Based on its structure and formulae, CIV can only be considered to measure an overall financial recognized comparative advantage (RCA) with respect to competitors within the same sector and market. However, based on the theoretical analysis, nothing supports the simplifying assumption that a company's CIV is a measure of its intellectual capital.
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