L’analisi del capitale intellettuale per la valutazione del merito di credito

The article aims at investigating the potential of intellectual capital statement as a source of information for the credit worthiness evaluation of firms asking for loans. Information about intangible assets can significantly supplement the traditional analysis based on financial data. To this purpose, the article examines the model developed by the Danish Ministry of Science, Technology and Innovation, for drawing up and analysing an intellectual capital report. Even though the Danish model is in the forefront, it still shows some limits, which reduce the potential of IC statements. Moreover some barriers still exist, which limit the spreading of IC reports, causing detrimental information asymmetries between firms and banks. Since many cultural bounds persist between them, there is still a long way before overcoming all difficulties.