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Zeszyty Teoretyczne RachunkowosciVolume 48, Issue 1, 25 March 2024, Pages 155-172

Corporate news disclosure on intangible assets during the COVID-19 crisis in pharmaceutical companies(Article)(Open Access)

[Ze współpracy z zagranicą/International cooperation Ujawnianie informacji o wartościach niematerialnych i prawnych w komunikatach spółek farmaceutycznych podczas kryzysu COVID-19]

  • Petković, M.,
  • Luty, P.,
  • Mizdraković, V.
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  • aSingidunum University, Serbia
  • bWroclaw University of Economics and Business, Poland

Abstract

Purpose: This study explores corporate news communication about intangible assets during the COVID-19 crisis in the largest global pharmaceutical companies. Methodology/approach: Computerised lexical content analysis was performed on 297 articles (texts) from 34 companies, amounting to 280,246 words. We generated a bottom-up cluster-ing of the keywords, titles and abstracts. The qualitative data were obtained from the ProQuest textual database by Clarivate. Findings: The research demonstrates that the biggest global pharmaceutical companies focused intensively on intangible assets during the crisis. They disclosed information on three main intangibles: (1) brand, (2) patent and (3) license, covering 78.17% of the entire corpus text. Research limitations: The study limitations include the fact that the sample concerns only the biggest pharmaceutical companies that met our criteria. Further research could cover small and medium-sized companies and other industries. Finally, further analysis could combine quantitative and qualitative methods within the same research.Originality/value: The research article contributes to the current literature on intangible asset narratives, showing how the biggest pharmaceutical companies tend to achieve a compet-itive advantage, stay successful during a crisis and address messages to their key stakehold-ers. Considering the high risks and existing uncertainties, these messages could be of the utmost importance. © 2024, Scientific Council of the Accountants Association in Poland. All rights reserved.

Author keywords

content analysiscorporate newsCOVID-19intangible assetspharmaceutical companies

Funding details

  • 1

    We would like to thank to reviewers for their valuable suggestions that resulted in the improvements in our paper. This paper is supported by a research project (Decision No. WGB4/2023) of the Wroclaw University of Economics, Wroclaw, Poland.

  • ISSN: 16414381
  • Source Type: Journal
  • Original language: English
  • DOI: 10.5604/01.3001.0054.4090
  • Document Type: Article
  • Publisher: Scientific Council of the Accountants Association in Poland


© Copyright 2024 Elsevier B.V., All rights reserved.

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