Rethinking inequality in the 21st century – inequality and household balance sheet composition in financialized economies

Financial Intelligence

Journal of Global Economy ◽

10.1956/jge.v13i3.470 ◽

2017 ◽

Vol 13 (3) ◽

Author(s):

Sumeet Gupta

Keyword(s):

21St Century ◽

Return On Investment ◽

Balance Sheet ◽

Financial Intelligence

At the down of 21st Century, Financial Intelligence emerged as a corporate discipline. Greater Financial Intelligence helps people to understand what the organization is trying to achieve and how they affect results. What is the art of Finance and why it matters? Why cash is the king? How a Balance sheet reveals the most? This book attempts to review and resolve these issues. This book also attempts to examine how to calculate Return on Investment (R.O.I) and how to create a financially intelligent company?

Download Full-text

INTELLECTUAL CAPITAL PERFORMANCE REPORTING MODELS

6th ERAZ Conference Proceedings (part of ERAZ conference collection) ◽

10.31410/eraz.2020.279 ◽

2020 ◽

Author(s):

Ana Milijić ◽

◽

Vanja Vukojević ◽

Keyword(s):

Financial Reporting ◽

21St Century ◽

Intellectual Capital ◽

Balance Sheet ◽

Financial Statements ◽

Market Values ◽

Knowledge Based ◽

Performance Reporting ◽

Knowledge Based Economy ◽

Product Service

For a knowledge-based economy, the basic drivers of economic growth and development are the knowledge, innovation and specific skills of individuals whose „incorporation” into a product/service makes them attractive to customers in the market according to the needs of the 21st century. Thus, in the era of the knowledge economy, individuals with their knowledge, specific abilities and skills represent the basis for creating and maintaining a competitive advantage in the market. However, the traditional financial reporting model cannot fully meet the information requirements of users of 21st century financial statements due to the limited absorption of data concerning the company’s ownership of intangible resources such as knowledge, specific skills of employees and other intellectual resources. In order to fully, reliable and truthful business reporting Many companies choose to voluntarily report on non-financial performance through various reports such as the Business Report and the Notes to the Financial Statements. The aim of this paper is to present modern models of reporting on intellectual capital and to point out possible directions of their further development in the future. Also, in this paper, special emphasis is placed on segments of business assets whose balance sheet (non) coverage leads to significant differences between the book and market values of companies.

Download Full-text