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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.

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Citations
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Dissertation

The impact of intellectual capital on firms’ competitive advantage: An empirical study of listed integrated oil companies

TL;DR: In this paper, the authors propose a method to solve the problem of homonymity in homonym identification, and propose a solution to solve it................................................................................................................... V................................................................................................................
Journal Article

The relationship of Islamic performance index and intellectual capital by supply chain management toward banking financial performance in Indonesia

TL;DR: In this article, the authors investigated the relationship between Islamic performance index involving Profit Sharing Ratio (PSR), Zakat Performance Ratio (ZPR), Equitable Distribution Ratio (EDR), Islamic revenues vs Non-Islamic revenues and the efficiency of intellectual capital including physical capital, human capital and structural capital on the financial performance of companies by considering the supply chain management strategy: Return on total assets (ROA).
Proceedings ArticleDOI

An empirical investigation of the relationship between intellectual capital and firms’ development ability

TL;DR: Li et al. as discussed by the authors investigated empirically the relation between intellectual capital and firmspsila development ability using data drawn from a sample of 432 publicly traded firms in China and Pulicpsilas Value Added Intellectual Coefficient (VAIC) as the efficiency measure of intellectual capital.

Does Intelletual Capital Really Create Value? A Test Based on Ohlson Model and Skandia Navigator System

Fusheng Yu, +1 more
TL;DR: Li et al. as mentioned in this paper empirically examined the relationship between intellectual capital and corporate value in Chinese high-tech industry and found that human capital and custom capital create value for Chinese hightech industry.
Posted Content

Intellectual Capital as One of the Factors Determining the Competitive Position of Dairy Enterprises in Lublin Voivodeship (Poland)

TL;DR: In this article, the authors examined the role of intellectual capital of Lublin region's dairy enterprises in shaping their competitive advantage and showed that dairy enterprises strategic groups with the best results in the field of Intellectual Capital have the best competitive position.
References
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Journal ArticleDOI

The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications

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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