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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Journal ArticleDOI
Antecedent Conditions for Leveraging Intellectual Capital: A Contingency Perspective
Kaveh Asiaei,Ruzita Jusoh +1 more
TL;DR: In this paper, the antecedent conditions necessary for an effective development of intellectual capital (IC) were investigated for their potential impact on IC, namely organizational culture, industry type, and firm size.
Posted Content
The Relationship between Intellectual Capital (IC) and Stock Market Performance: Empirical Evidence from Italy
Fabrizio Rossi,Domenico Celenza +1 more
TL;DR: In this article, the authors presented an empirical analysis of the relationship between return on equity (ROE) and the value added intellectual capital (VAICTM) in the context of companies' performance.
Book ChapterDOI
The Impact of Intellectual Capital Efficiency on the Profitability of Agricultural Enterprises
TL;DR: In this article, the authors examine whether the efficiency of generation of added value from intangible resources in agricultural enterprises is related to their financial performance, and examine the impact of such resources on their performance.
Journal ArticleDOI
The nexus of intellectual capital and operational efficiency: the case of Indian financial system
Kanishka Gupta,T. V. Raman +1 more
TL;DR: In this paper, the impact of intellectual capital on operational efficiency calculated using Stochastic Frontier Analysis (SFA) for Indian financial sector companies is evaluated. And the results of the study indicate positive and significant relationship between IC and efficiency of the firm.
Journal ArticleDOI
Intellectual Capital of a Trading Company: Comprehensive Analysis Based on Reporting
TL;DR: In this article, an analysis of the efficiency of use and the effectiveness of disclosing the intellectual capital (IC) of a trading company operating in the market of the Russian Federation is presented.
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.
Related Papers (5)
Intellectual Capital: Realizing Your Company's True Value by Finding Its Hidden Brainpower
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