Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

The effect of intangible assets on profitability, productivity, capital structure, profit sharing policy and market value in listed and OTC companies

Document Type : Original Article

Authors
Hossein Badiei 1
Mohammadamin Aliakbari 2
awat hoseinzadeh 3
1 Director of Accreditation and Development of Humanities and Arts ,Islamic Azad University
2 Islamic azad university, South Tehran Branch
3 Islamic Azad University, South Tehran Branch
Abstract
The purpose of this study is to investigate the effect of intangible assets value on profitability, productivity, capital structure, profit sharing policy and market price in companies listed on the Tehran Stock Exchange. The amount of intangible assets in the financial statements of companies can be extracted and to measure the profitability variable, the distribution of net profit over the total profit of the company and to measure the productivity of the selected model and also to measure the capital structure of the proposed model has been used. Also, the model of Didar and colleagues has been used to measure the profit sharing policy. In this regard, the financial reports of 100 companies during the financial period 2011 to 2020 have been analyzed using multivariate regression method based on consolidated data. The results indicate that the intangible assets variable has a direct and significant effect on the variables of profitability, productivity, capital structure, profit sharing policy and company value.
Keywords
Intangible assets
profitability
productivity
capital structure
profit sharing policy