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The Impact of Intangible Assets Internally Developed on the Market Value of Companies "A Field Study in the Pharmaceutical Companies in Jordan."

Author

Listed:
  • Osama Omar Jaara
  • Khalid Abdul Rahman Elkotayni

Abstract

This study aims to investigate the impact of intangible assets internally generated (development costs, and patents) in the market value of pharmaceutical companies in Jordan. The study population of financial employees (Auditors, analysts, accountants) working in six Jordanian pharmaceutical companies, the sample was chosen randomly consisted of 62 financials. The study data were collected through the development of a questionnaire. The results showed that investment in intangible assets strongly affect maximize the market value of Jordanian pharmaceutical companies .It has also shown to maintain the confidentiality of information of manufacturing of patents to conserve the competitive position of the pharmaceutical companies for a long time. The study supports the success of the Jordanian pharmaceutical companies to maximize their competitiveness through development costs and patents.

Suggested Citation

  • Osama Omar Jaara & Khalid Abdul Rahman Elkotayni, 2016. "The Impact of Intangible Assets Internally Developed on the Market Value of Companies "A Field Study in the Pharmaceutical Companies in Jordan."," Accounting and Finance Research, Sciedu Press, vol. 5(2), pages 154-154, May.
    • Handle: RePEc:jfr:afr111:v:5:y:2016:i:2:p:154
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    References listed on IDEAS

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    1. Jonathan B. Berk Richard C. Green and Vasant Naik., 1998. "Valuation and Return Dynamics of New Ventures," Research Program in Finance Working Papers RPF-284, University of California at Berkeley.
    2. Sacui Violeta & Prediscan Mariana, 2011. "The Intangible Assets Investments. Characteristics And The Accounting Treatment," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 295-300, July.
    3. Subhash Chander & Vishakha Mehra, 2010. "Disclosure of Intangible Assets in Indian Drugs and Pharmaceutical Industry," The IUP Journal of Accounting Research and Audit Practices, IUP Publications, vol. 0(4), pages 7-23, October.
    4. repec:agr:journl:v:12(589):y:2013:i:12(589):p:127-138 is not listed on IDEAS
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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