Show simple item record

dc.contributor.authorAjour El Zein, Samer
dc.contributor.authorConsolación Segura, Carolina María
dc.contributor.authorHuertas García, Ruben
dc.contributor.otherUniversitat Politècnica de Catalunya. Doctorat en Administració i Direcció d'Empreses
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament d'Organització d'Empreses
dc.date.accessioned2021-01-11T10:46:56Z
dc.date.issued2020-01-01
dc.identifier.citationAjour, S.; Consolacion-Segura, C.; Huertas, R. Firm risk: a responsible business guide control to a better brand value and company value. "Journal of advanced research in dynamic and control systems", 1 Gener 2020, vol. 12, núm. 2, p. 1474-1487.
dc.identifier.issn1943-023X
dc.identifier.urihttp://hdl.handle.net/2117/335088
dc.description.abstractBrand equity constitutes an ample intangible asset for most entities, and previous research has developed various brand equity models that aim to optimize this asset. Most approaches rely on only a single factor, focusing on brand revenue or future cash flow. There is a need for extensive research on factors related to a firm’s financial risk including the effect of market share along with the intangible value of brand equity. This study identifies that the firm’s financial risk directly impacts brand equity value. This study aims to expand the literature by determining the important factors that affect brand value. To do so, financial information was collected from a list of publicly traded companies with evident major annual brand value and generic companies in the US and Europe. Using financial data, a statistical analysis was performed using correlation and regression to facilitate the identification of important variables that affect brand value. This paper aims to improve Damodaran’s model, which assigns values to intangible assets, by using the average sector as a proxy of a generic company. This approach helps to reduce the potential arbitrariness that can arise from the fact that the choice of a generic company might vary between sectors. This offers practitioners a simple method that can be used to determine a fair value for a branded company. The results suggest that a significant correlation exists between a firm’s brand equity and firm risk
dc.format.extent14 p.
dc.language.isoeng
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Spain
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subjectÀrees temàtiques de la UPC::Economia i organització d'empreses
dc.subject.lcshRisk management
dc.subject.otherBrand equity value
dc.subject.otherFirm risk
dc.subject.otherIntangibility
dc.subject.otherBusiness guide control
dc.titleFirm risk: a responsible business guide control to a better brand value and company value
dc.typeArticle
dc.subject.lemacProductes de marca
dc.subject.lemacGestió del risc
dc.identifier.doi10.5373/JARDCS/V12I2/S20201188
dc.description.peerreviewedPeer Reviewed
dc.relation.publisherversionhttps://www.jardcs.org/abstract.php?id=4404
dc.rights.accessRestricted access - publisher's policy
local.identifier.drac28989660
dc.description.versionPostprint (published version)
dc.date.lift10000-01-01
local.citation.authorAjour, S.; Consolacion-Segura, Carolina; Huertas, R.
local.citation.publicationNameJournal of advanced research in dynamic and control systems
local.citation.volume12
local.citation.number2
local.citation.startingPage1474
local.citation.endingPage1487


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record

Attribution-NonCommercial-NoDerivs 3.0 Spain
Except where otherwise noted, content on this work is licensed under a Creative Commons license : Attribution-NonCommercial-NoDerivs 3.0 Spain