INTANGIBLE CAPITALS
FINANCIAL GOODWILL, ENABLING ENVIRONMENT, KNOW-HOW, IP, GOODWILL, REPUTATION, RULE-OF-LAW, SECURITY, ETC.
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Knowledge / Government / Rule of Law / Ethics / Culture / Security
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CREATED INTANGIBLE CAPITAL ... OVERVIEW
The monetization of intangible capital explains how so much financial wealth is now recorded in the numbering of world performance.
One of the benefits of True Value Impact Accounting is bringing some clarity to the role that INTANGIBLE CAPITAL is playing in the progress and performance of the socio-enviro-economic system. It is increasingly apparent that the growth of intangible capital has enabled inequity in important ways.
In its essence, intangible capital is created by the gap that arises when the discounted thinking about the future of things is bigger than the current state of things.
Because conventional numbering about the economy is based mainly on financial analysis, things like financial goodwill in the balance sheet of companies is very visible and very large, and at the same time, all the existential risks for the future of society and the planet, like massive social disruption, large scale war, climate change, etc are being ignored because they are not being numbered.
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FINANCIAL GOODWILL
FINANCIAL GOODWILL is the heading under which intangible value is recorded in the balance sheet of an enterprise.
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FINANCIAL GOODWILL
Financial goodwill is a construct used in financial engineering to maintain the integrity of a financial balance sheet. Goodwill arises when a company purchases the equity of another company at a price that is more than the net assets on the puchased company's balance sheet.
Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. The goodwill amounts to the excess of the 'purchase consideration' (the money paid to purchase the asset or business) over the total accounting value of the assets and liabilities per the books of account.
The graph shows how the proportion of goodwill for the companies in the S&P500 has increased over the period 2003 to 3013 which was already up considerably over the previous three decades. This makes portfolio investment for 'real' development progress more and more difficult ... one of many systemic constraints on better socio-enviro-economic performance.
L0700-CFC-Financial-Goodwill
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Open L0700-CFC-Financial-Goodwill
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KNOWLEDGE / INNOVATION / INTELLECTUAL PROPERTY
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KNOWLEDGE / INNOVATION
KNOWLEDGE ENABLES BETTER MAN BUILT SYSTEMS AND STRUCTURES
MODERN KNOWLEDGE IS AMAZING - BUT COULD BE USED BETTER
Knowledge is the result of study, research and learning. Knowledge is a critical enabling factor for the efficient functioning of the modern enviro-socio-economic system. Knowledge has increased very rapidly in the past century, and there are massive amounts of new knowledge every day. The challenge is to use this knowledge in the most valuable and positive way for the benefit of society, This has not been the experience over the past fifty years, and has to change. There is a huge amount of knowledge now compared to the past, and it is growing exponentially. The question is whether or not knowledge will be used for good or ill.
USING KNOWLEDGE ... Knowledge can be used for GOD or BAD ... this is determined by the decision making processes that are in place. Recent history is that knowledge has been deployed mainly in order to maximize profit performance and rather little for value performance.
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Open L0700-CIC-Knowledge-Capital
Open L0700-CIC-Technology
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GO SlideNav-for-TVA #KNOWLEDGE
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Report: Global-RepTrak-2017
Analysis published by the Reputation Institute
The Global RepTrak® 100 is a study that Reputa)on Ins)tute conducts annually to measure the reputa)on of the world’s 100 most highly-regarded and familiar global companies in 15 countries. Included firms must meet the following qualifications:
1) Have a significant economic presence in the 15 largest economies
2) Have an above average reputa)on in its home country
3) Have global familiarity over 40%
'http://truevaluemetrics.org/DBpdfs/Reputation/Global-RepTrak-2017.pdf'
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Open PDF ... Global-RepTrak-2017
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ENABLING ENVIRONMENT
GOVERNMENT / TAXATION / LAWS / REGULATION / INSTITUTIONS / SECURITY
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Knowledge / Government / Rule of Law / Ethics / Culture / Security
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ENABLING ENVIRONMENT
GOVERNANCE / LAWS, RULES AND REGULATIONS / TAX REGIME / GOVERNMENT INCENTIVES / SECURITY / COMPANIES / INSTITUTIONS / ETC
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GO TOP
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GOVERNMENT
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GOVERNANCE - FRAMEWORK OF LAWS, RULES AND REGULATIONS
Society has had laws, rules and regulations for thousands of years. These are needed, but they should be efficient and fair and not gamed for the benefit of powerful special interests.
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Open L0700-CIC-Government
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SAFETY / SECURITY
SAFE ENVIRONMENT / SAFE PRODUCTS / SAFE STREETS / NATIONAL SECURITY
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POLICE / LOCAL SECURITY
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LOCAL SECURITY
Police, courts and prisons are part of local security ... but culture and attitude on the part of everyone are even more important.
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Open L0700-SI-POLICE
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MILITARY / INTERNATIONAL PEACEKEEPING AND SECURITY
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MILITARY / INTERNATIONAL PEACEKEEPING AND SECURITY
Police, courts and prisons are part of local security ... but culture and attitude on the part of everyone are even more important.
A competent and strong military is important ... but competent, strong dimplomacy is even more important.
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Open L0700-SI-MILITARY-INDUSTRY-COMPLEX
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JUSTICE
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JUSTICE
The US Supreme Court building / The Justices
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PLACE
Commercial buildings
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PROCESS
Hot strip mills producing coils of sheet steel
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