Intangible assets and business performance in Latin America

Purpose The intangible assets of a company have been presented by national and international surveys as resource to influence the creation value increase in organizational performance. In view this, this study aims analyze relationship between intangibility performance companies Latin America. Design/methodology/approach For purpose, multiple regression with panel data was used three perspectives for measuring resources were defined: representativeness asset, accounting measure intangible, degree Tobin’ Q, latter two representing economic financial measures determine intangibility. covered period from 2011 2017 sample 1,236 publicly traded located some American countries, namely, Argentina, Brazil, Chile, Colombia, Mexico Peru. Findings results demonstrated existence significant positive variables intangibility, Tobin’s variables, return on assets, operating margin asset turnover, reinforcing hypothesis that greater investment resource, company’s Research limitations/implications limitations involve lack complete information about statements making it hard proposed more broadly accurately. Another limitation involves causal may existed regressors models defined their error, thus generating an endogeneity problem models. It is recommended future research use specific methods mitigate possible problems regressions. Practical implications Mainly possibility deepening business performance, obtaining new knowledge through reflexes finding consistent results. Social contributes decision-making process world informing primary users such investors, administrators, accountants, regulators creditors. Originality/value This addressing theme whose studies present many gaps, deepen gain countries.