This paper puts forth a framework for classifying organizations according to the relative importance of logical processes associated with their knowledge infrastructures. Drawing on financial and accounting valuation methods, differences in market-to-book value of equity are hypothesized due to under-valuation of logical processes per accounting conventions. This paper has implications for finance and accounting valuation of logical processes and hence knowledge-intensive processes.
Callaghan, Joseph and Sharma, Srinarayan, "Impact of Accounting for Logical and Physical Processes on Market Capitalization Measures" (2000). AMCIS 2000 Proceedings. 269.