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
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Book ChapterDOI
Motives for the Financial Valuation of Intangibles: Reasons and Results
José Domingo García-Merino,Gerardo Arregui-Ayastuy,Arturo Rodríguez-Castellanos,Belen Vallejo-Alonso +3 more
TL;DR: The importance of knowledge as a significant resource and a powerful production factor was recognized by Marshall (1890) as discussed by the authors, but a growing interest in their management and in developing valuation and measurement models did not emerge until halfway through the 1990s (Edvinsson, 1997; Edvinsson & Malone, 1997).
Journal ArticleDOI
The impact of Intellectual Capital on Firms’ Characteristics: an empirical analysis on European listed manufacturing companies
Dissertation
Pengaruh modal intelektualterhadap kinerja bisnis bank umumsyariah (bus) di indonesia
TL;DR: In this article, the effect of intellectual capital on the business performance of Sharia Commercial banks in Indonesia has been investigated and the results showed that the intellectual capital significantly effect on business performance and can be used to predict future business performance.
Intellectual Capital Disclosure in Annual Reports of Islamic Banks: A Comparative Study of Malaysia and Indonesia
TL;DR: In this article, the extent and quality of the Intellectual Capital Disclosure (ICD) in the annual reports of Malaysian and Indonesian Islamic banks from 2009 until 2013 was examined by applying a checklist of 33 items.
Journal ArticleDOI
Intellectual Capital and Capital Structure Effect on Firms’ Financial Performances
TL;DR: In this article, the influence of intellectual capital and capital structure on financial performance in manufacturing companies in Indonesia was investigated by using weighted least square regression, and the results showed that intellectual capital has a significant positive effect on firms' financial performances, but the capital structure has a negative effect.
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
Leif Edvinsson,Michael S. Malone +1 more