Two Sets of Boundary Conditions in Cyclical Systems with Goodwill in Capitalization-Reference-Cited by-同舟云学术

Two Sets of Boundary Conditions in Cyclical Systems with Goodwill in Capitalization

Published:2023-12-20 Issue:1 Volume:4 Page:3-13
ISSN:2673-9321
Container-title:Foundations
language:en
Short-container-title:Foundations

Author:

Kärenlampi Petri P.¹^ORCID

Affiliation:

1. Lehtoi Research, 81235 Lehtoi, Finland

Abstract

Mathematical analysis is conducted on cyclical systems with goodwill in capitalization. Proportional goodwill vanishes with vanishing tangible value. Correspondingly, periodic boundary condition does not enable commercial utilization of the goodwill. Abandoning the periodic boundary condition enables commercial utilization of the goodwill. Even if a physical system is periodic, an agent can abandon the corresponding boundary condition by divesting. Example cases are shown in terms of boreal forestry systems.

Funder

Niemi Foundation

Publisher

MDPI AG

Subject

Applied Mathematics,General Mathematics

Link

https://www.mdpi.com/2673-9321/4/1/2/pdf

Reference28 articles.

1. OECD (2010). Measuring Innovation: A New Perspective, OECD Publishing.

2. Alsamawi, A., Cadestin, C., Jaax, A., Guilhoto, J., Miroudot, S., and Zürcher, C. (2020). Returns to Intangible Capital in Global Value Chains: New Evidence on Trends and Policy Determinants, OECD Publishing. OECD Trade Policy Papers, No. 240.

3. Firm-specific assets, multinationality, and financial performance: A meta-analytic review and theoretical integration;Kirca;Acad. Manag. J.,2011

4. Intangible assets and export growth of Croatian exporters: Evidence from panel VAR and VECM;Manag. J. Contemp. Manag. Issues,2023

5. Hargrave, M. (2023, December 11). Goodwill (Accounting): What It Is, How It Works, How to Calculate. Available online: https://www.investopedia.com/terms/g/goodwill.asp.