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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Poli̇ti̇k ri̇ski̇n fi̇rma değeri̇ i̇le i̇li̇şki̇si̇: i̇mkb'ye kayitli fi̇rmalar üzeri̇nde bi̇r uygulama the relationship between political risk and firm value: an application on companies in ise
TL;DR: Kelimeler et al. as discussed by the authors investigated the impact of political risk on the value of companies registered in the Istanbul Stock Exchange between 2000 and 2009, and found that there is a statistically significant relationship between firm value and political risk and thus political risk affects firm value.
Journal ArticleDOI
Intangible-Intensive Strategies of Russian Companies
TL;DR: In this paper, the authors explored strategic behavior of Russian companies with regard to intangible resources and its link to different types of performance, and provided a cluster analysis considering four attributes: human resources, innovative capabilities, information and communications technology capabilities and relational capital.
Journal ArticleDOI
Intellectual Capital in Information Technology Companies in India: An Impact Study on Firm Performance
TL;DR: The outcome of this research is significant in two ways: one, it explored the impact of intellectual capital on brand reputation and financial performance, which underpins research directions from the literature, and two, it contributed to the comparatively less-researched contextual relevance from an Indian information technology company perspective.
Dissertation
Hubungan Antara Modal Intelektual dengan Kualitas Laba dan Pengaruhnya terhadap Nilai Perusahaan pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia
TL;DR: Penelitian ini dilakukan untuk memperoleh bukti empiris terkait hubungan modal intelektual dengan kualitas laba, serta pengaruhnya terhadap nilai perusahaan, dengan menguji apakah kualita laba.
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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