The QuIC: Quantitative Intellectual Capital-based methodology for Firm Valuation Cover Image

The QuIC: Quantitative Intellectual Capital-based methodology for Firm Valuation
The QuIC: Quantitative Intellectual Capital-based methodology for Firm Valuation

Author(s): Gianpaolo Iazzolino, Giuseppe Migliano, Natale Guarnaccia
Subject(s): ICT Information and Communications Technologies
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: Discounted Cash Flow; Intellectual Capital; Financial performances; Market Value;

Summary/Abstract: The paper proposes a new methodology for evaluating the market value of firms (QuIC – Quantitative Intellectual Capital-based methodology for Firm Valuation) that considers Intellectual Capital (IC) as an important factor that can influence the overall value.Findings show that this approach gives a more fair evaluation able of taking account of the “hidden” value that could remain unconsidered when applying “traditional” valuation approaches. In fact, findings demonstrated that, from a financial standpoint, the difference between DCF and QuIC evaluation can be recognised as the worth of intellectual capital assets.

  • Issue Year: 8/2019
  • Issue No: 2
  • Page Range: 525-537
  • Page Count: 13
  • Language: English
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