Akademik Veri Yönetim Sistemi
International Journal of Learning and Intellectual Capital, cilt.3, sa.3, ss.310-322, 2006 (Scopus)
Value added by industries and industrial companies are globally accepted to be the drivers of economic health of a country. With the paradigm shift in the business world, the value of a company is not restricted to financial ratios but has to include the intangible assets. There is yet a lack of generally accepted and applicable method to valuing intangibles, with differences in value perception by market. This paper discusses different value concepts considering both tangible and intangible assets in search of an indicator that will give confidence in the continuity of industrial companies in Turkey. The survey is enriched by the Application of both Economic Value Added (EVA) and Calculated Intangible Asset (CIV) on production companies that take place in the Istanbul stock market. The outcome of the case study created the need for Sustainability Indicator, which is discussed in detail as the major achievement of the analysis performed. The results will help both academics and practitioners. Copyright © 2006 Inderscience Enterprises Ltd.