Attributes Driving Intangible Asset

Sani Inusa Milala — 2024-02-20

The inherent complexity and subjectivity of assessing assets such as intangible asset, posing challenges for standardized methodologies and accurate financial reporting, this complexity is compounded by the consideration of various valuation criteria, some of which are ill-suited for appraising intangible assets, this study is dedicated to assessing the key attributes that drive the valuation of intangible assets, aiming to construct a comprehensive framework for their valuation. Employing a mixed-methods approach, both quantitative and qualitative research designs were employed, utilizing survey questionnaires, semi-structured interviews, and focus group discussions. Purposive sampling was employed to select participants and the data analysis involved descriptive and thematic content analysis. The study's findings underscored the paramount economic attributes of intangible assets, highlighting the significance of economic life span and company’s value driver. Conversely, attributes categorized as company’s value distracters were identified as less important, with novelty exhibiting the highest mean value of 4.6. Additional attributes such as originality, legal protection, royalty of the asset, and life span right of protection also contributed significantly to the valuation process. Qualitative findings revealed that the market and income methods of valuation are predominant in intangible asset valuation practices. The study demonstrated that the choice of valuation method hinges on information availability, with attributes like economic life span and historic income influencing the value derivation process using income and market approaches. The study concludes by illustrating its findings through the development of a tangible intangible asset’s valuation framework, providing a structured guide for assessing and determining the worth of intangible assets in a more systematic and informed manner.

The Contribution of Subcontractor’s Performance Towards Project Success: Main-Contractor Perspective

Norliana Sarpin — 2024-02-20

A subcontractor is a company or individual who performs work for another company as part of a larger project. However, research shows that one of the factors for project delay is caused by underperformance subcontractor. Therefore, the research objectives of this study are to identify the contribution of subcontractor’s in assisting main contractor toward project success, to identify the benefits of appointing subcontractors towards project success and to suggest recommendation to improve subcontractor’s performance towards project success. The research method of this study is quantitative method where a questionnaire survey was distributed to respondent from G6 and G7 main contractor in Johor Bahru. The data was collected from 103 respondents which represents 47% response rate. The data analysis method used was descriptive analysis by using Statistical Package for Social Science (SPSS) software. The result shows that the main contribution of subcontractors in assisting main contractor towards project success which fulfill labor shortage and expertise in previous project to be work on upcoming project. In addition, the benefits of appointing subcontractors towards project success achieved are availability of knowledgeable and experienced workers and specialized workers that work in the project. Furthermore, the recommendation to improve subcontractors’ performance where the main contractor should have good communication with their subcontractors. In conclusion, the result shows that understanding of the contribution of subcontractor’s performance will benefit main contractor in avoiding project delay and consequently towards project success.

Journal of International Business, Economics and Entrepreneurship

Attributes Driving Intangible Asset

The Contribution of Subcontractor’s Performance Towards Project Success: Main-Contractor Perspective