This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Valoración de marcas e intangibles

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Fernandez, Pablo () (IESE Business School)

Additional information is available for the following registered author(s):

Abstract

En los últimos años han proliferado consultoras, libros y documentos de investigación proponiendo distintos y, a veces, sorprendentes métodos para determinar el valor de las marcas. El primer y mayor problema con el que nos encontramos al valorar una marca es el definir qué es la marca y el acotar qué margen, qué volumen de ventas, qué gastos y qué inversiones son atribuibles a la marca. Se revisan varias valoraciones de marcas y se concluye que son muy poco fiables (muchísimo menos que las valoraciones de empresas), debido a la dificultad de definir qué flujos se deben a la marca y cuáles no. Sin embargo, sí es útil la identificación, la evaluación y la jerarquización de los brand value drivers, que constituyen una herramienta gerencial para crear valor y permiten lograr marcas fuertes y con estabilidad en el tiempo. Algunas veces se valoran las marcas para transferirlas a una sociedad instrumental situada en un Estado con menor tasa impositiva. Obviamente, en estos casos el interés de la empresa es argumentar el mayor valor posible de la marca para ahorrar más impuestos.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.iese.edu/research/pdfs/DI-0686.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by IESE Business School in its series IESE Research Papers with number D/686.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 33 pages
Date of creation: 07 Mar 2007
Date of revision:
Handle: RePEc:ebg:iesewp:d-0686

Contact details of provider:
Postal: IESE Business School, Av Pearson 21, 08034 Barcelona, SPAIN
Web page: http://www.iese.edu/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Silvia Jimenez).

Related research
Keywords: valoración de marcas; aumento valor para accionistas; creación valor;

Find related papers by JEL classification:
G12 - Financial Economics - - General Financial Markets - - - Asset Pricing
G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Investment Policy
M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics

This paper has been announced in the following NEP Reports:

Statistics
Access and download statistics

Did you know? IDEAS was launched in September 1997.

This page was last updated on 2009-12-15.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.