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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A INFLUÊNCIA DO GRAU DE INTANGIBILIDADE NO DESEMPENHO DE EMPRESAS SEDIADAS NOS PAÍSES COM TURBULÊNCIA ECONÔMICA Relationship between performance and intangibility companies based countries with economic turmoil
TL;DR: In this paper, the influence of the degree of intangibility on the economic performance of companies located in Portugal, Ireland, Italy, Greece and Spain, exploring 604 companies from the economic sectors of industry, utilities and transport.
Impact of intellectual capital on financial vulnerability of pharmaceuticals sector in Pakistan
Shoaib Aslam,Shahid Amin +1 more
Proceedings ArticleDOI
Structural equation modeling for effects of enterprise operation on enterprise value
Deng Wanjun,Sun Fuquan,Yu Lijuan +2 more
TL;DR: In this paper, a structural equation model guided by the theory of enterprise value maximization is proposed to explore the effects of operating aspects on three dimensions of enterprise values, which are enterprise's interest, stockholder's interest and customer's interest.
Proceedings ArticleDOI
Notice of Retraction A research on enterprise value creation mechanism
Dingzu Zhang,Dongwu Wang +1 more
TL;DR: In this paper, the authors discuss what factors contribute to the value creation in an enterprise, what the internal logic between those factors is, and how those factors combine to create value.
Journal ArticleDOI
Examining the Impact of Intellectual Capital Performance on Financial Performance in Islamic Banks
Mehmet Asutay,Ubaidillah +1 more
TL;DR: In this paper , the authors explored the intellectual capital performance of Islamic banks and examined the impact of intellectual capital on financial performance in terms of profitability and productivity in IBs, and found that IC is positively significant in impacting IBs' financial performance measures, especially profitability, but inconclusively related to productivity.
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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