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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Intellectual Capital and Company Value
Irina Berzkalne,Elvira Zelgalve +1 more
TL;DR: In this paper, the authors make an empirical investigation of the impact of intellectual capital on company value and find that large differences exist between company market and book value, and a part of this can be explained by intellectual capital.
Journal ArticleDOI
Intellectual Capital and its Effect on Financial Performance of Banks: Evidence from Saudi Arabia
TL;DR: In this paper, the authors examined the performance of listed banks in Saudi Arabia using value-added intellectual coefficient (VAIC) methodology, and investigated the impact of IC on financial performance, identifying the IC components that may be the drivers of the traditional indicators of bank success.
Journal ArticleDOI
The impact of intellectual capital on innovation generation and adoption
TL;DR: In this paper, the authors measured the separate and interrelated effects of three aspects of intellectual capital (human, social and organizational capital) on innovation generation and adoption, and found that organizational capital exerts significantly positive impact on innovation adoption.
Journal ArticleDOI
A multidimensional view of intellectual capital: the impact on organizational performance
Kaveh Asiaei,Ruzita Jusoh +1 more
TL;DR: In this paper, the authors explored intellectual capital from a multidimensional perspective and its relationship with organizational performance within Iranian public listed companies, finding that organizational culture plays a significant role in developing human capital and structural capital while trust is a major determinant of all the IC components, namely human, structural, relational, and social capital.
Journal ArticleDOI
Applying the VAIC™ model to Australian hotels
TL;DR: In this article, the authors examined the extent to which intellectual capital (IC) adds value to a service provider and presented an approach for interpreting the results using the value added intellectual coefficient (VAIC) model.
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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