{"product_id":"critical-perspectives-on-the-accounting-for-intangibles-von-mohamed-elbannan","title":"Critical Perspectives on the Accounting for Intangibles","description":"\u003cp\u003eThis book deals with the economic consequences of the current financial reporting requirements for Research and development. The book contains two studies that shed light on the impact of R\u0026amp;D reporting in one developed (USA) and one less developed economy (Egypt). In the first analysis, I find that R\u0026amp;D productivity increases cost of capital and information risk factors directly and indirectly through motivating managerial accounting discretion. High R\u0026amp;D expenditure firms incur 23.4 (216) basis points higher cost of debt (equity) compared to low R\u0026amp;D expenditure firms. Also, R\u0026amp;D firms have relatively higher weight for the discretionary component of accruals quality compared to the innate component in cost of equity capital calculations. In the second analysis, I find that the larger the potential intangible assets of firms the more analysts will cover these firms and pursue private information about these firms.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659378409\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783659378409","offer_id":39434426875997,"sku":"9783659378409","price":54.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/ca0a4255-b475-48a0-8dff-309a550d3151.jpg?v=1776486232","url":"https:\/\/shop.autorenwelt.de\/products\/critical-perspectives-on-the-accounting-for-intangibles-von-mohamed-elbannan","provider":"Autorenwelt Shop","version":"1.0","type":"link"}