The Impact of Intangible Assets on Firm Performance in Construction Companies in China

Abstract

Intangible assets are an indispensable and valuable asset in the production and operation of listed companies. It brings strength and benefits to the company. This research puts forward knowledge on intangible asset by focusing on potential impact on firm performance. As resource-based view suggests that is a positive correlation. intangible asset and goodwill and firm performance. This archival research collects secondary data from Refinitive Eikon. Descriptive, correlation, multiple regression was performed. The finding indicates that size, debt, intangibles, and goodwill are not influence on tax avoidance at the significance level at 1%. However, the results were loosened when firm performance was measure through other profits. The result confirms resource-based view that an Enterprise’s resource is collectively serve as foundations to improve performance.