Journal ArticleDOI
Intellectual capital and traditional measures of corporate performance
TLDR
In this paper, the authors investigate the association between the efficiency of value added (VA) by the major components of a firm's resource base (physical capital, human capital and structural capital) and three traditional dimensions of corporate performance: profitability, productivity, and market valuation.Abstract:
The principal purpose of this study is to investigate the association between the efficiency of value added (VA) by the major components of a firm's resource base (physical capital, human capital and structural capital) and three traditional dimensions of corporate performance: profitability, productivity, and market valuation. Data are drawn from a sample of 75 publicly traded firms from South Africa from business sectors heavily reliant on intellectual capital. Empirical analysis is conducted using correlation and linear multiple regression analysis. Findings from the empirical analysis indicate that associations between the efficiency of VA by a firm's major resource bases and profitability, productivity and market valuation are generally limited and mixed. Overall, the empirical findings suggest that physical capital remains the most significant underlying resource of corporate performance in South Africa despite efforts to increase the nation's intellectual capital base.read more
Citations
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IC performance of Indian pharmaceutical and textile industry
Karam Pal,Sushila Soriya +1 more
TL;DR: In this article, an empirical study was carried out on data collected from CMIE database Prowess and VAIC was calculated on a select sample of 105, pharmaceutical companies and 102, textile companies.
Journal ArticleDOI
Importance and contribution of intangible assets: SME managers' perceptions
Natasja Steenkamp,Varsha Kashyap +1 more
TL;DR: In this paper, the authors focus on small and medium enterprises (SMEs) in an attempt to cover the gap in research on intellectual capital (IC) applied to SMEs, and provide empirical evidence of SME managers' perceptions about the importance and contribution of intangible assets to their businesses.
Journal ArticleDOI
Voluntary Disclosure of Intellectual Capital by Hong Kong Companies: Examining Size, Industry and Growth Effects Over Time
Richard Petty,Suresh Cuganesan +1 more
TL;DR: In this article, the authors investigated voluntary intellectual capital disclosure (ICD) by listed Hong Kong companies using data taken from the years 1992, 1998 and 2002 to give a longitudinal account of voluntary ICD company size and industry effects on the voluntary disclosure, as well as the effects of time and level of disclosure on the financial success of a company.
Journal ArticleDOI
The impact of the intellectual capital efficiency on commercial banks performance: Evidence from the US
TL;DR: In this article, a large sample of 5,749 commercial banks, covering over 40,000 observations over the time window 2005-2012, was used to find that efficiency in the use of intellectual capital positively affects the financial performance of US banks.
Journal ArticleDOI
Intellectual capital and corporate performance of mncs in serbia
TL;DR: In this paper, the authors empirically investigate if intellectual capital has an impact on organizational performance as well as identify the IC components that may be the drivers of the traditional indicators of business success.
References
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Journal ArticleDOI
The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications
Thomas Donaldson,Lee E. Preston +1 more
TL;DR: In this article, the authors examine three aspects of the stakeholder theory and critique and integrate important contributions to the literature related to each, concluding that the three aspects are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental.
Book
Intellectual Capital: The New Wealth of Organizations
TL;DR: In this article, the authors argue that knowledge has become the most important fact of economic life and that knowledge is the chief ingredient of what is bought and sold, the raw material people work with.
Journal ArticleDOI
Intellectual capital: an exploratory study that develops measures and models
TL;DR: In this paper, an empirical pilot study that explores the development of several conceptual measures and models regarding intellectual capital and its impact on business performance is presented, which can help both academics and practitioners more readily understand the components of Intellectual Capital and provide insight into developing and increasing it within an organization.
Journal ArticleDOI
Assessing knowledge assets: a review of the models used to measure intellectual capital
TL;DR: A review of the literature pertaining to the assessment of knowledge assets can be found in this article, where a variety of models have surfaced in an attempt to measure IC and this paper aims to highlight their strengths, weaknesses and operationalizations.
Book
Intellectual Capital: Navigating the New Business Landscape
TL;DR: In this paper, the authors present an organizational system that helps managers maximize the flow of intellectual capital in their companies, providing insights gained by leading experts from the practice, research, and consulting side of business management.
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