haku: @indexterm CREDIT MANAGEMENT / yhteensä: 141
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| Tekijä: | Catasus, B. Grojer, J.-E. |
| Otsikko: | Intangibles and credit decisions: results from an experiment |
| Lehti: | European Accounting Review
2003 : VOL. 12:2, p. 327-356 |
| Asiasana: | INTANGIBLE ASSETS CREDIT MANAGEMENT EXPERIENCE DECISION MAKING |
| Kieli: | eng |
| Tiivistelmä: | The question in this paper is whether the inclusion of intangibles is meaningful in a credit decision context. To examine this issue the authors conducted an experiment with forty loan officers. The loan officers were presented with a situation of a company that required a credit of 5 million Swedish kronor. Half of the loan officers were given a traditional annual statement in which intangibles were treated as costs while the other half received a balance sheet in which brand, R&D and education were capitalized. The loan officers were asked to give their opinion regarding the credit decision and the importance of extra information. They were also confronted with four short cases where extra information about the company appeared. |
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