

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.
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.
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