{"id":1496,"date":"2017-12-27T17:41:38","date_gmt":"2017-12-27T16:41:38","guid":{"rendered":"https:\/\/frjournal.eu\/journal\/?p=1496"},"modified":"2017-12-27T17:41:38","modified_gmt":"2017-12-27T16:41:38","slug":"the-value-relevance-of-non-financial-performance-indicators-new-cues-from-the-european-fashion-industry","status":"publish","type":"post","link":"https:\/\/frjournal.eu\/journal\/2017\/12\/27\/the-value-relevance-of-non-financial-performance-indicators-new-cues-from-the-european-fashion-industry\/","title":{"rendered":"The value relevance of non-financial performance indicators: new cues from the European fashion industry"},"content":{"rendered":"

Dainelli Francesco, Giunta Francesco\/\u00a0Financial Reporting<\/a>,\u00a0Riviste<\/a>\u00a0\/\u00a0Fascicolo: 3-2011<\/p>\n

\n

Intangible assets and related performance measures assume increasing importance in valuation processes. Value relevance studies testify to their importance through an analysis of market stock prices. We aim to examine the value relevance of non-financial indicators in European fashion companies. The indicator selected is the \u201cchange in mono-brand stores\u201d. Applying the models proposed by current literature, we have refuted the value relevance hypothesis. However, refining both the \u201coperationalization\u201d of the concepts and the related result analysis procedure, the value relevance is confirmed. In this way, we contribute to increasing the generalizability of this research trend and to fuel the debate concerning the standardization process of this information. In particular, following in the footsteps of the Gartner\/EBRC project, supported by AICPA (Gartner-EBRC, 2010), our results can help the national and international standard setters to pinpoint the indicators that really matter for the fashion industry and standardize their communication.<\/p>\n

Keywords:\u00a0<\/strong>Intangibles, value relevance, financial measures, non-financial measures, fashion industry, mono-brand stores<\/p>\n

\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Dainelli Francesco, Giunta Francesco\/\u00a0Financial Reporting,\u00a0Riviste\u00a0\/\u00a0Fascicolo: 3-2011 Intangible assets and related performance measures assume increasing importance in valuation processes. Value relevance studies testify to their importance through an analysis of market stock prices. We aim to examine the value relevance of non-financial indicators in European fashion companies. The indicator selected is the \u201cchange in mono-brand stores\u201d. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"quote","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[30,1],"tags":[287,284,169,288,285,136],"class_list":["post-1496","post","type-post","status-publish","format-quote","hentry","category-browse-the-journal","category-financial-reporting","tag-fashion-industry","tag-financial-measures","tag-intangibles","tag-mono-brand-stores","tag-non-financial-measures","tag-value-relevance","post_format-post-format-quote"],"yoast_head":"\nThe value relevance of non-financial performance indicators: new cues from the European fashion industry | Financial Reporting Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frjournal.eu\/journal\/2017\/12\/27\/the-value-relevance-of-non-financial-performance-indicators-new-cues-from-the-european-fashion-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The value relevance of non-financial performance indicators: new cues from the European fashion industry | Financial Reporting Journal\" \/>\n<meta property=\"og:description\" content=\"Dainelli Francesco, Giunta Francesco\/\u00a0Financial Reporting,\u00a0Riviste\u00a0\/\u00a0Fascicolo: 3-2011 Intangible assets and related performance measures assume increasing importance in valuation processes. 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