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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2022-10-05  |  Accepted: 2022-12-08  |  Published: 2022-12-30

Title

Valuation of intangible assets via application of the WARA approach in the agricultural sector


Abstract

The aim is to apply the principles of valuation of intangible assets - goodwill using the Weighted Average Return on Asset (WARA) method to enterprises in the agricultural sector in the Czech Republic in 2016-2020 agricultural sector and what is the value of goodwill of the average enterprise in the agricultural sector in the Czech Republic in the years 2016 - 2020 determined by the WARA method. The calculation is performed from data from the CRIBIS database of the company Crif - Czech Credit Bureau, s.r.o., specifically according to the classification of economic activities CZ NACE section A for the period 2016 - 2020, from which the analysis is subsequently performed. The average company in the industry is determined for the calculation. An average agricultural enterprise's goodwill is determined using the capitalised net income method and property valuation. Subsequently, the goodwill is further multiplied by the WARA percentage value, and the resulting goodwill value determined using the WARA method is determined.


Keywords

agriculture, WARA, Weighted Average Return on Asset, intangible assets, enterprise, goodwill


JEL classifications

Q10 , M21


URI

http://jssidoi.org/jesi/article/1039


DOI


Pages

495-509


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Krulický, Tomáš
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
Articles by this author in: CrossRef |  Google Scholar

Junga, Petr
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
Articles by this author in: CrossRef |  Google Scholar

Jägerová, Lenka
Institute of Technology and Business in České Budějovice, České Budějovice, Czech Republic https://www.vstecb.cz
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

10


Number

2


Issue date

December 2022


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 1314  |  PDF downloads: 514

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