Weaving case studies and real-world examples with contemporary business theory, Baruch Lev establishes an economic framework to analyze managerial and investment issues concerning intangibles; surveys the impact of intangibles on corporate performance and market values, including management difficulties, risk, questions of property rights, marketability, and cost structure; analyzes information deficiencies associated with intangibles, including the major economic principles governing intangible investments, limits of anagement information systems, and recommendations for improved accounting disclosure; sets forth a comprehensive information system aimed at satisfying the needs of both internal and external decision
makers to reflect the impact and value of intangibles within the context of enterprise performance.