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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Liaison of Human Capital investment with Corporate Financial Performance: an Empirical Study on Islamic Banks in Bangladesh
TL;DR: The main purpose of the study is to explore significance relationship between investment in human resources and corporate financial performance as well as perception of employees to their banks as discussed by the authors, the study revealed that human resources have made substantial contribution in achieving financial goal of Islamic banks in Bangladesh.
Journal Article
An Empirical Analysis of The Effects of Intellectual Capitals On Employee Productivity of Some Selected Banks In Nigeria
TL;DR: In this article, the authors used the Value Added Intellectual Coefficient (VAIC) model to investigate the effect of the Intellectual Capital indices (i.e., Human Capital Efficiency, Structural Capital Efficiency and the Capital Employed Efficiency) on the Employee Productivity of banks in Nigeria.
Journal ArticleDOI
Measuring Intellectual Capital using VAIC Calculator
TL;DR: The Value Added Intellectual Coefficient Calculator (VAIC) as mentioned in this paper is a calculator to compute efficiency level of firms' resources based on the assumption that both, intellectual capital and physical capital, are a function of production and mathematically computed as VAIC = ICE + CEE.
Journal ArticleDOI
Diversity in Estimates of the Impact of Intellectual Capital on Firm Performance Created by Varied Adoptions of VAIC Method
TL;DR: In this paper, the authors examined the diversity in estimates of the impact of IC on firm performance as a result of adopting the VAIC method in a diverse manner and proposed a modification to the basic VAIC to eliminate its key limitation.
Proceedings ArticleDOI
Intellectual capital and firm performance in chinese creative industry firms
TL;DR: In this paper, the authors developed seven research hypotheses and examined empirically these hypotheses using the data collected from 168 Chinese creative industry firms by means of?on-site? survey, and found that elements of intellectual capital including human capital, structural capital, intellectual property capital and relationship capital have almost positively direct effects on firm performance.
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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