文章基本信息

标题：VALUATION OF GOODWILL INTERNALLY GENERATED THROUGH MARKET VALUE: A STUDY ON THE BASIS OF FINANCIAL STATEMENTS OF A TECHNOLOGY COMPANY
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作者：Carlos Augusto Pacheco Pereira ; Eliene Aparecida de Moraes ; Jonatas Dutra Sallaberry 等
期刊名称：Revista de Gestão, Finanças e Contabilidade
印刷版ISSN：2238-5320
出版年度：2013
卷号：3
期号：1
页码：53-70
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出版社：University of State of Bahia
摘要：The financial statements often do not reflect the market value of firms, and the difference between the book value and market value is largely justified by the existence of unrecognized intangible assets. In the accounting literature there are several methods for valuation of internally generated intangible assets, such as Lawrence R. Dicksee, Hatfield, New York, Current Value of Superprofits, Replacement Cost or Current Cost, Economic Value, Value Realization, Excess Value on Economic Value Chain Model and Residual Valuation of Intangible Assets, each with advantages and disadvantages in their use. Through a literature review, this study identified among the methods of measurement of internally generated goodwill, which is effectively (or near) the value that the market is willing to pay for the assets of the entity, whereas this difference arises from expectations higher earnings based on equity and surplus to aggregate entity. In the research we used data obtained from the financial statements for the years 2009, 2010 and 2011 for a technology company. From the values obtained for the operationalization of the methods, it was concluded that the method that most closely approximates the market value is the method Hatfield, where the market value is approximately six times the book value of the company.