Financial Risks and Intangibles

Abstract

This chapter briefly analyses the potential impact of financial risks on the valuation of intangibles from a theoretical and heuristic approach. The authors justify the financial risk that has the greatest impact on the value of intangibles for a wide range of intangibles and types of valuation models. Four types of financial risks are considered for the analysis of three principal types of intangibles (resource, capacity and asset). The authors present a study applied to six examples of intangibles and eleven categories of valuation methods. The results are coherent with the literature because the common examples of valuation of intangibles use the recommendable methods according to the lower impact of financial risks.