An empirical study of the relevance of intangible capital on the valuation of utility companies

• Main Authors: Chan, Jhaye Allison Randell A., Dychiching, Aileen Vanessa T., Ng, Jon Miko U. K., Ng, Winnie Cressida S.
• Format: text
• Language: English
• Published: Animo Repository 2010
• Subjects: Capital > Philippines; Stocks > Prices > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18532
• Institution: De La Salle University

The study aims to quantify the value relevance of intangible capital (IC) for stock prices using IC-included accounting valuation model. Proponents applied a two stage-discounted residual income model (DRI) to measure the utilities companies' IC and data needed were taken from the Philippine St...