{"conference":{"end_date":"2022-08-14","name":"28th Americas Conference on Information Systems (AMCIS)","location":"Minneapolis, USA","start_date":"2022-08-10"},"abstract":[{"text":"Now accounting for more than 80% of a firm's worth, brands have become essential assets for modern organizations. However, methods and techniques for the monetary valuation of brands are still under-researched. Hence, the objective of this study is to evaluate the utility of explanatory statistical models and machine learning approaches for explaining and predicting brand value. Drawing upon the case of the most valuable English football brands during the 2016/17 to 2020/21 seasons, we demonstrate how to operationalize Aaker's (1991) theoretical brand equity framework to collect meaningful qualitative and quantitative feature sets. Our explanatory models can explain up to 77% of the variation in brand valuations across all clubs and seasons, while our predictive approach can predict out-of-sample observations with a mean absolute percentage error (MAPE) of 14%. Future research can build upon our results to develop domain-specific brand valuation methods while enabling managers to make better-informed investment decisions.","lang":"eng"}],"publication":"Proceeding of the 28th Americas Conference on Information Systems (AMCIS)","title":"Towards a Reliable & Transparent Approach to Data-Driven Brand Valuation","date_updated":"2023-02-28T08:59:38Z","place":"Minneapolis, USA","language":[{"iso":"eng"}],"department":[{"_id":"195"}],"type":"conference","citation":{"mla":"Caron, Matthew, et al. “Towards a Reliable &#38; Transparent Approach to Data-Driven Brand Valuation.” <i>Proceeding of the 28th Americas Conference on Information Systems (AMCIS)</i>, 2022.","chicago":"Caron, Matthew, Christian Bartelheimer, and Oliver Müller. “Towards a Reliable &#38; Transparent Approach to Data-Driven Brand Valuation.” In <i>Proceeding of the 28th Americas Conference on Information Systems (AMCIS)</i>. Minneapolis, USA, 2022.","apa":"Caron, M., Bartelheimer, C., &#38; Müller, O. (2022). Towards a Reliable &#38; Transparent Approach to Data-Driven Brand Valuation. <i>Proceeding of the 28th Americas Conference on Information Systems (AMCIS)</i>. 28th Americas Conference on Information Systems (AMCIS), Minneapolis, USA.","short":"M. Caron, C. Bartelheimer, O. Müller, in: Proceeding of the 28th Americas Conference on Information Systems (AMCIS), Minneapolis, USA, 2022.","bibtex":"@inproceedings{Caron_Bartelheimer_Müller_2022, place={Minneapolis, USA}, title={Towards a Reliable &#38; Transparent Approach to Data-Driven Brand Valuation}, booktitle={Proceeding of the 28th Americas Conference on Information Systems (AMCIS)}, author={Caron, Matthew and Bartelheimer, Christian and Müller, Oliver}, year={2022} }","ieee":"M. Caron, C. Bartelheimer, and O. Müller, “Towards a Reliable &#38; Transparent Approach to Data-Driven Brand Valuation,” presented at the 28th Americas Conference on Information Systems (AMCIS), Minneapolis, USA, 2022.","ama":"Caron M, Bartelheimer C, Müller O. Towards a Reliable &#38; Transparent Approach to Data-Driven Brand Valuation. In: <i>Proceeding of the 28th Americas Conference on Information Systems (AMCIS)</i>. ; 2022."},"user_id":"60721","main_file_link":[{"url":"https://aisel.aisnet.org/amcis2022/conf_theme/conf_theme/10/"}],"year":"2022","author":[{"id":"60721","first_name":"Matthew","last_name":"Caron","full_name":"Caron, Matthew"},{"id":"49160","first_name":"Christian","last_name":"Bartelheimer","full_name":"Bartelheimer, Christian"},{"full_name":"Müller, Oliver","last_name":"Müller","id":"72849","first_name":"Oliver"}],"publication_status":"published","date_created":"2023-02-02T13:34:49Z","status":"public","_id":"41486"}