{'fraction_non_alphanumeric': 0.010638297872340425, 'fraction_numerical': 0.01702127659574468, 'mean_word_length': 5.401360544217687, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
INTANGIBLE ASSETS AND EARNINGS: EVIDENCE FROM BORSA İSTANBUL

The purpose of this paper is primarily to explore the nature of intangible assets by testing their empirical relationship with the earnings of large Turkish listed companies over a twenty-year period spanning from 1998 to 2017. This period relates to a number of substantial occurrences including Turkey’s convergence to IFRS and global financial crises. Dynamic panel data results reveal that the effect of intangible assets on earnings is statistically significant and positive during the 2008 financial crisis and the following two periods. In addition, authors find that during the adoption of IFRS in 2005, intangible assets have significant negative impact on earnings. The research findings provide empirical input for broader perspectives of intangible assets and demonstrates a rare account to understand the role of intangible assets on earnings in an emerging market.