Valuation of intangible assets via application of the WARA approach in the agricultural sector

Tomáš Krulický (), Petr Junga () and Lenka Jägerová ()
Additional contact information
Tomáš Krulický: Institute of Technology and Business in České Budějovice, Czech Republic
Petr Junga: Institute of Technology and Business in České Budějovice, Czech Republic
Lenka Jägerová: Institute of Technology and Business in České Budějovice, Czech Republic

Entrepreneurship and Sustainability Issues, 2022, vol. 10, issue 2, 495-509

Abstract: The aim is to apply the principles of valuation of intangible assets - goodwill using the Weighted Average Return on Asset (WARA) method to enterprises in the agricultural sector in the Czech Republic in 2016-2020 agricultural sector and what is the value of goodwill of the average enterprise in the agricultural sector in the Czech Republic in the years 2016 - 2020 determined by the WARA method. The calculation is performed from data from the CRIBIS database of the company Crif - Czech Credit Bureau, s.r.o., specifically according to the classification of economic activities CZ NACE section A for the period 2016 - 2020, from which the analysis is subsequently performed. The average company in the industry is determined for the calculation. An average agricultural enterprise's goodwill is determined using the capitalised net income method and property valuation. Subsequently, the goodwill is further multiplied by the WARA percentage value, and the resulting goodwill value determined using the WARA method is determined.

Keywords: agriculture; WARA; Weighted Average Return on Asset; intangible assets; enterprise; goodwill (search for similar items in EconPapers)
JEL-codes: M21 Q10 (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://jssidoi.org/jesi/uploads/articles/38/Kruli ... icultural_sector.pdf (application/pdf)
https://jssidoi.org/jesi/article/1039 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:10:y:2022:i:2:p:495-509

DOI: 10.9770/jesi.2022.10.2(31)

Access Statistics for this article

Entrepreneurship and Sustainability Issues is currently edited by Manuela Tvaronaviciene

More articles in Entrepreneurship and Sustainability Issues from VsI Entrepreneurship and Sustainability Center
Bibliographic data for series maintained by Manuela Tvaronaviciene ().