Document
The effect of intangible assets, financial performance and financial policies on the firm value : evidence from Omani industrial sector.
Identifier
DOI: 10.5709/ce.1897-9254.411
Source
Contemporary Economics. v. 14, 3, p. 379-391
Contributors
Al-Ani, Mawih Kareem., Author
Country
Poland
City
Warsaw
Publisher
University of Economics and Human Sciences in Warsaw.
Gregorian
2020-09-25
Language
English
English abstract
The aim of this study is to empirically examine the effect of calculated intangible assets, financial performance and financial policy on the firm value of Omani industrial companies listed in the Muscat Securities Market from 2010 to 2014. The study tests our model on a sample of 46 industrial companies. Three groups of independent variables are used, namely, intangible assets, financial policy and financial performance. Dependent variables are measured by using Tobin’s Q ratio, and intangible assets are measured by using excess returns. In addition, financial policy is measured by debt and dividend policies, and financial performance is measured by profitability, liquidity and assets turnover. Results of the research provide empirical evidence from this emerging economy that intangible assets, financial policies and financial performance have a significant influence on firm value.
ISSN
2084-0845
Category
Journal articles