Relevancia de los intangibles para la valoración de las acciones de las empresas en el mercadoevidencias desde el contexto argentino

  1. Cecilia Rita Ficco 1
  2. Eliana Werbin 2
  3. Margarita Díaz 2
  4. María Begoña Prieto Moreno 3
  1. 1 Universidad Nacional de Río Cuarto, Argentina
  2. 2 Universidad Nacional de Córdoba, Argentina
  3. 3 Universidad de Burgos, España
Aldizkaria:
Contaduría y administración

ISSN: 0186-1042 2448-8410

Argitalpen urtea: 2021

Alea: 66

Zenbakia: 3

Mota: Artikulua

DOI: 10.22201/FCA.24488410E.2021.2558 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Beste argitalpen batzuk: Contaduría y administración

Garapen Iraunkorreko Helburuak

Laburpena

El objetivo de este trabajo es analizar la influencia de la información sobre activos intangibles y capital intelectual en la valoración de las acciones de las empresas que cotizan en el MCA, donde no se han constatado trabajos publicados de esta naturaleza. El análisis se realiza aplicando un modelo de construcción propia, basado en Ohlson (1995). Los datos corresponden al período 2009-2018 y han sido recolectados directamente de fuentes originales. Se obtuvieron de los estados financieros anuales consolidados de las empresas y de los registros de negociación de sus acciones en el Mercado de Valores de Buenos Aires. Los resultados revelan que los activos intangibles identificables, el capital humano y el estructural poseen relevancia valorativa, lo que contribuye a acrecentar la evidencia existente en torno al papel de los intangibles en la valoración externa de las empresas, la cual es particularmente limitada para mercados poco desarrollados.

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