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firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. Digital firms are as valuable for their intangible capital as were the 20 th century firms for their land, building, and factories.
Put the most strategic pieces into the hands of up-and-comers passing through the leadership-development revolving door? In the early 1980’s, sixty percent of corporate value creation emanated from the optimization of tangible assets. Finance Human resources' And HR’s credibility deficit doesn’t help the matter.
corporations to accumulate assets in those affiliates (now estimated at $2.6 The legislation would replace the tax on profits that are repatriated with a low-rate tax on annual profits attributable to the intangibleassets of their foreign affiliates, impose a one-time transition tax on the stock of accrued foreign profits of U.S.
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