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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Exploring the impact of intellectual capital on company reputation and performance
TL;DR: In this article, the impact of intellectual capital on the reputation and performance of Italian companies was analyzed using a data set of 452 non-listed companies that obtained a reputational assessment from the Italian Competition Authority (ICA).
Journal ArticleDOI
Intellectual capital: company's invisible source of competitive advantage
TL;DR: In this paper, the authors examined the individual contribution of intellectual capital elements to competitive advantage in the micro finance industry and found that three types of capital elements are strong predictors of competitive advantage: structural capital, human capital and relational capital.
Journal ArticleDOI
Intellectual capital and business performance: the role of dimensions of absorptive capacity
TL;DR: In this paper, the mediating role of potential and realized absorptive capacity in intellectual capital (IC) and business performance was empirically examined, and the authors also investigated the direct impact of the components of IC on business performance.
Journal ArticleDOI
Measures that matter: an empirical investigation of intellectual capital and financial performance of banking firms in Indonesia
TL;DR: In this article, the authors investigated the relationship between intellectual capital and financial performance of the banking industry in Indonesia and provided empirical evidence on the use of the conventional Value-Added Intellectual Coefficient (VAIC) model and the adjusted value-added Intellectual Coefficients (A-VAIC).
Journal ArticleDOI
Intellectual capital, growth opportunities, and financial performance in European firms: Dynamic panel data analysis
Filipe Sardo,Zélia Serrasqueiro +1 more
TL;DR: In this paper, the authors investigated the impact of intellectual capital and growth opportunities on firms' financial performance as well as the moderating effect of IC on the relationship between growth opportunities and financial performance, and found that the IC efficiency of the current period has a positive impact on the financial performance of high-, medium- and low-tech European firms.
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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