The Impact of Intangible Assets on Firm Performance: Evidence from an Emerging Economy

Iranian Journal of Accounting, Auditing and Finance

مقاله 6، دوره 5، شماره 2 - شماره پیاپی 15، مرداد 2021، صفحه 61-77   

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2021.40337

نویسنده

Arash Arianpoor^*

Department of Accounting, Attar institute of higher education, Mashhad, Iran.

چکیده

This research investigates intangible assets' role in firm performance in the Tehran Stock Exchange's firm performance. Multiple Linear Regression is conducted to examine a large pool of data for 1350 company-year over ten years from 2008 to 2018. Four measures are used for performance: return on assets, return on equity, net profit, and profit margin. The findings show that unrecorded and recorded intangible assets positively impact firm performance (return on assets, return on equity, net profit, and profit margin). The authors also find that last year's recorded intangible assets and performance (return on assets, return on equity, net profit, and profit margin) are related positively. This paper magnifies the significant role of intangible assets on firm performance. The current study outcomes may give managers insight to provide serious attention to intangible assets in developing nations to improve performance. 

کلیدواژه‌ها

Recorded intangible assets؛ Unrecorded intangible assets؛ Firm performance