Goran Roos

What intangible resources do companies value, measure, and report? A synthesis of UK and Finnish research

There has been a movement in the accountancy field to induce companies to disclose the worth of their intangibles, and researchers argue that the demand for the external communication of intangibles and value drivers is increasing in capital markets. It is generally accepted that disclosure should reflect managements understanding of strategy and the value creation processes of the company. However, understanding what intangible resources are perceived to create value and determining whether the pressure to disclose those value drivers is a key motivation for the measurement of intangible resources are the key objectives of this paper. This paper discusses empirical research that has been carried out in 95 companies in the UK and 16 companies in Finland to determine what intangible resources companies consider important in value creation, what intangible resources they actually measure, and what, if any, of those measures they actually disclose to their stakeholders.

Measuring, managing and delivering value performance in the public sector

Government agencies almost always face the dilemma of delivering the best possible social outcomes for a given charter against the requirement either (and increasingly) to show evidence of prudent financial management and even, in not altogether rare instances, to make a profit. The framework and methodology presented provides a basis for Government agency decision-making that permits trade-offs to be considered and a range of best social outcomes and economic outcomes to be established. Social outcomes are considered using social value outcomes analysis while economic outcomes are considered using Economic Value Added (EVA) analysis. New decision-making concepts are used to bring the two decision dimensions together.