Ilidio Lopes

• PhD
• Professor (Assistant) at Iscte – University Institute of Lisbon

Purpose The purpose of this paper is to identify the impact of intangibles as drivers of economic future benefits, in the top technological companies in the world. It also aims to identify whether the distribution of those intellectual capital (IC) drivers depends on the region and on the accounting standards, used in the preparation of firms’ fina...

Poison pills are controversial devices for which no common conclusion as to how the market reacts to their adoption exists. This research collates 4,479 poison pill adoption events by US companies over the period 1997-2015. Statistically significant insights and positive abnormal returns were found on the day the poison pill was adopted. It is for...

The modernization of corporate governance aims the alignment of the interests of managers with those of companies, promoting a new discipline of internal controls and risk analysis with an enforcement of shareholder rights of information. This research investigates the impact of corporate governance variables—ownership, board of directors and remun...

This book is devoted to the discussion of the selected key issues related to the problem of intelligent organizations in theory and practise of the contemporary management. The problem is analysed as the correlation of various factors. The main impact is however seen from the perspective of the business and public sector seriously affected in terms...

p> Accounting is in its essence, the language of businesses and the summary of economic events for the purpose of providing financial information for decision making. It is materialized on the firms’ financial statements, periodically disseminated to a wide diversity of stakeholders, and used as a primary source of financial perceptions and beliefs...

The research examines how board diversity and choice of auditing firm, as mechanisms of corporate governance, affect the profitability of Iberian companies. Using information from an adjusted sample of 93 non-financial companies listed on the Iberian stock exchanges, a theoretical model was regressed. Profit margin (PM) and return on equity (ROE),...

Culture and transparency can be described as a set of beliefs, norms, and actions, which drive the human action into innovativeness. Over the centuries, those pillars have driven individuals, groups, organizations, and nations, into the most complex networking schemes. It seems now unquestionable that those beliefs and policies, affect both private...

Intangibles are, at a knowledge-based economy, the most important resources, driving companies towards systematic and sometimes unexpected returns. This paper follows a positivist approach and aims to investigate the association between the degree of intangibility, value of firms and their profitability. Based on the 500 largest European companies,...

This research aims to identify the impact of intellectual resources in business organisations and to examine how diversity on boards, as an embodiment of expertise and knowledge, affects performance. Using information from 125 businesses listed on an Iberian stock exchange, two complimentary models are regressed with the objective of identifying to...

Purpose The purpose of this study is to identify the impact of human and structural capital on profitability of major airlines and examine whether region, capital ownership and control and strategic alliance play a clustering effect on profitability. Design/methodology/approach Using information from the top 30 airlines worldwide, in particular hu...

In modern economies, the corporate governance principles have been understood as drivers that mitigate the risk derived from the existing gap between managerial practices and ownership structure. This research contributes to the literature review, analyzing the relationship between the board characteristics, audit firms, and a set of indicators tak...

Organizational cultures distinguish different organizations within the same country or countries. When comparing the organizations within the same country differences in national cultures are not relevant but become relevant in comparison between different countries. This paper intends to evidence whether the profitability of companies can be influ...

This research focuses on the relationship between the quality of financial reporting and the level of corporate governance of Brazilian firms, particularly between New Market and Traditional Market. We measure earnings quality based on a widely used accruals model. Governance quality is represented by the type of market the firms chooses to be list...

Academic and scientific research embodies the purist way to achieve new knowledge through diversified methods and methodologies. It aims to describe and interpret multiple phenomena and their impact in the social and organizational developments. Based on 760 postgraduate concluded academic researches, in the scientific fields of accounting, auditin...

In recent years the development of market economy in Poland has caused that ordinary administration in local communities stopped being effective. Implementation of community management has become very useful. Activities being a part of process of the management of territorial self-government unit can be divided into several kinds. The most importan...

The adoption of IASB’s standards has represented, in European Union, an important effort of harmonization towards the financial reporting comprehensiveness, reliability, relevance, and comparability. This paper seeks to highlight the importance of Information Compliance Indexes (ICI), based on the accounting standards, as a proxy for reporting qual...

In a globalized and competitive market, stakeholders demand for more and better information towards an integrated economic and financial business comprehensiveness. Income taxes arise as a normative field (IAS 12) in which stakeholders can perceive, from an accounting and fiscal perspective, current and potential returns. Based on the annual accoun...

Purpose – Information disclosure is driven by multiple determinants, most of them supported by traditional theories, such as agency theory, contingency theory, and legitemacy theory. This research aims to identify a set of Key Performance Indicators (KPI), disclosed to stakeholders through Internet. It also aims to apply for an integrated performan...

Deeply embodied in emotions, personal values and beliefs, tacit knowledge emerges associated to skills which are dynamically translated into individual actions and experiences. Marked by its intrinsic difficulties in its formalization and communication processes, knowledge capture or creation seems to be intuitive, interpretive and hard to measure...

Knowledge creation inside companies stems from the systematic and dynamic combination of individuals and activities towards the best fit of innovation and performance. It results from the merger of knowledge creation activities and organizational capabilities which determine the firm’s potential for innovation and potential returns. Those organizat...

Accounting and auditing are relatively new fields of research, although the accounting evolution has centuries of history. Thus, the development of those areas of knowledge has come behind the complexity and range of markets with the aim to understand the more sophisticated social behaviors within businesses. With the objective to acquire integrate...

Information asymmetry is the edge of information disclosure requirements, as provided by International Financial and Reporting Standards (IFRS). Mandatory and voluntary information enable stakeholders in their decision processes, based on their own expected future benefits, on the information’s utility preciseness, and on the overall business compr...

The pursuit of economic value, especially in the organizational context, has risen into a diversity of new concepts that reflect the genesis and importance that knowledge has been assumed in fields of companies’ strategies and performance. Intellectual capital has been emerged in the economic literature as knowledge capital which is embodied in kno...

The study concerns the complex assessment framework of the country’s intellectual resources (IR) based on modern metaeconomic paradigm and multiple criteria evaluation methods. The metaeconomics specifies the interconnections between economic axiomatics & system of principles and methods to be applied in its substantiation. The WB a/o expert evalua...

Purpose—To invest in intellectual property and disclose it, internally and externally, is a strategic decision towards the creation of a sustainable value added, at a firm or even at a macroeconomic level. The multiple insights achieved reinforce the paradigm that intangibles are the main structural support for economic growth. However, those intan...

Purpose – The aggregation and exploitation of knowledge edges has settled the appearance of multiple approaches that put intangibles as the most important key driver towards the strategic and financial level achievements. This paper's aim is to identify the intangibles recognized by the Portuguese Airlines companies, their impact on the companies'...

Traditional value chain, whose scope of application is essentially industrial, has ceased to be meaningful. They have been replaced by new business models (strongly developed through electronic platforms), structured around powerful "networks". Sharing information, the use of communal structures, the speed of technological developments, the heighte...

Intangibles have emerged in the last decade as an important issue among companies' accounting theories. Companies have implemented strategies based on the robustness of their own intellectual capital. Competitive advantage is based on the capacity to anticipate, innovate and make shared use of opportunities. In the air transportation sector, strong...

Emerging as one of the most important corporate assets, there is evidence that, in some developed countries, the impact of knowledge capital in the GDP now surpasses the fixed capital. This paper uses quantitative data to broadly qualify the impact of the two main building blocks in the knowledge management integration process: information and comm...

Over the last decade we have seen the emergence of an economy in which the digital component has become a constant presence in all areas of knowledge. In the digital world, characterised and dominated by a complex connectivity, value assumes a complex meaning, which is strongly distinct from that used in the traditional economy. There are new busin...

Most spatial analysis computer programs are available on the 'World Wide Wait' leading this framework to a new GIS platform. Ultimately, this world expects fast answers because if it works then it is obsolete. To review and to evaluate the present spatial geostatistical analysis software and withdraw major conclusions regarding its implementation s...

Resumo: A gestão dos intangíveis tem-se revelado uma das tarefas mais difíceis de ultrapassar, principalmente para as empresas da economia digital. Agrupados em múltiplas categorias, a sua quantificação não se afigura tarefa fácil e a reunir consenso. No entanto, enquanto importante fonte de valor, a sua inclusão nas demonstrações financeiras repre...