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Investment Analysis and Portfolio Management by R. Madhumathi, M. Ranganatham

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1

Introduction

The mobility and usage of assets determine the economic environment of a nation. Conducive economic environment attracts investment, which in turn influences the development of the economy. One of the essential criteria for the assessment of economic development is the quality and quantity of assets in a nation at a specific time. Real assets comprise the physical and intangible items available to a society. Physical assets are used to generate activity and result in positive or negative contribution to the owner of the asset. Intangible assets also result in a positive or negative contribution to the owner, but are different in that they do not have a physical shape or form. In fact, intangible assets help physical assets in generating ...

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