Review of Accounting Studies

, 16:574 | Cite as

Discussion of “intangible investment and the importance of firm-specific factors in the determination of earnings”

Article

Abstract

Brown and Kimbrough (Review of Accounting Studies, 2011, this issue) examine the effect of intangible assets on the “uniqueness” of a firm’s earnings. The paper represents an important link between the strategy literature on firm organization and the accounting literature on the drivers of firm performance. This discussion reviews the relevant strategy literature and its link to the accounting literature, discusses various aspects of Brown and Kimbrough, and explores implications of Brown and Kimbrough’s findings.

Keywords

Intangibles Earnings synchronicity Competitive advantage Strategy 

JEL Classification

L22 L25 

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Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.Fisher College of BusinessThe Ohio State UniversityColumbusUSA

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