We investigate how the accounting treatment of intangible assets on managers' likelihood of issuing voluntary earnings guidance (MEF). We find that unrecognized intangibles (immediately expensed) are negatively associated with MEF issuance, while recognized intangibles (capitalized) show a...

This study provides further insights on the key corporate governance drivers of intellectual capital (IC) disclosure in Egyptian companies. It uses IC disclosure index of three components; internal capital, external capital, and human capital to identify IC disclosure level in annual reports of...

We construct a measure of intangible intensity — intangibles talk — based on textual analysis of discussions on intangibles in a firm’s 10-K filings. This measure is based on firms’ discussion of ex-post outcomes of intangibles investments. Our measure is correlated with, but carries...