Presentation Details

The Fourth International Conference on Knowledge, Culture and Change in Organisations

Valuing Intellectual Capital in the Decision Making Process of the South African Unit Trust Equity Managing

Vida Botes.


Asset managers have the task of seeking those investments that show minimum returns equal to the cost of equity. In South Africa equity unit trust funds have attracted billions. The object of this research is to investigate the asset managers ability to "look beyond the numbers". This research investigate if these managers consider intellectual capital in conjunction with accounting analysis when making these decisions.

This research shows that these fund managers display both strengths and weaknesses in their utilization of the alliance between intangible and tangible assets as they pertain to interpreting value.

Owing to the fact that knowledge capital is not a declarable item in the company balance sheet, this research examines the current thinking that knowledge capital , may arguably be the most important driver of future earnings any company can muster.

Presenters

Vida Botes  (South Africa)
Senior Lecturer in Finance
School of Business Leadership

Finance educator

Keywords
  • Knowledge capital
  • Asset managers
  • Future earnings
  • Valuation



(30 min. Conference Paper, English)