Valuation of loss firms in a knowledge-based economy

By M. Darrough, Jianming Ye. 2007

151 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/b6dccf29eb7e99a39ce0c9bc1d5fb5c298c165dd

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Citations in the corpus

Corporate tax avoidance: data truncation and loss firms (2018, unknown): “…prior research on the valuation of losses emphasizes the importance of considering internally developed intangibles for loss firms, and suggests that book values do not adequately capture the underlying economics of the firm (Joos and Plesko 2005; Klein and Marquardt 2006; Darrough and Ye 2007).”
The Impact of Fundamentals on IPO Valuation (2009, unknown): “Instead, tech may be a better proxy for how risky the firm is. as marketing costs and other investments in intangible assets and growth options, consistent with Klein and Marquardt (2006) and Darrough and Ye (2006).”
The accounting treatment of intangibles – A critical review of the literature (2011, background): “However, other authors (e.g. Darrough & Ye, 2007; Johnson & Pazderka, 1993; Seow et al., 2006; Skinner, 2008) refute he assumption of such undervaluation of companies that invest in intangibles.”
Evidence on the Role of Accounting Conservatism in Monitoring Managers' Investment Decisions (2011, background): “12 Darrough and Ye (2007) report that the frequency of loss firms reported on Compustat has grown from 3 per cent in 1963 to 40 per cent in 2001.”
Do Earnings Reported Under IFRS Tell Us More About Future Earnings and Cash Flows (2011, unknown): “11 See, for example, Joos and Plesko (2005), Klein and Marquardt (2006), Darrough and Ye (2007), Franzen and Radhakrishnan (2009), Balakrishnan et al.”
A Review of the Value Relevance Literature (2009, background): “Darrough and Ye [75] highlight the importance of “hidden assets” and intangibles for firms with losses.”