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
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Voluntary reporting of intellectual capital
TL;DR: In this paper, the authors examined the quality of voluntary intellectual capital (IC) by universities in New Zealand, Australia, and the UK and found that New Zealand and Australian universities outperformed the UK universities in terms of IC disclosures.
Journal ArticleDOI
Intellectual capital, knowledge sharing and equity crowdfunding
TL;DR: In this paper, the authors explored knowledge sharing and intellectual capital impacts on the success rate of equity crowdfunding campaigns in the Italian market, which represents a new model for financing entrepreneurial initiatives.
Journal ArticleDOI
Intellectual capital and firm performance: Differentiating between accounting-based and market-based performance
TL;DR: In this paper, a study was conducted at 198 firms from two Gulf Cooperation Council countries: Kingdom of Saudi Arabia and Kingdom of Bahrain for the period 2014-2016, where the value added intellectual coefficient model was adopted along with two measures of performance: accounting-based performance which is return on assets and market based performance which are Tobin's Q, in addition to the Random-Effects Regression.
Journal ArticleDOI
Intellectual Capital Transformation Evaluating Model
TL;DR: In this paper, the authors present a framework that is developed for analysis of intellectual capital transformation into companies' value, including an identification of the key factors of this process, and a detailed algorithm for intellectual capital evaluation in terms of input-output transformation.
Journal ArticleDOI
Intellectual Capital and Financial Performance in Serbia
TL;DR: In this article, the impact of intellectual capital and its various components on financial performance of 100 Serbian companies within the real sector (which includes all companies in the Serbian economy not including banking and insurance) was explored.
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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