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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Value creation during fourth industrial revolution: Use of intellectual capital by most innovative companies of the world
TL;DR: In this article, the authors investigated the impact that intellectual capital and value creation have on a firm's performance, in relation to the leading innovative firms in the world, at the start of the Fourth Industrial Revolution.
Journal ArticleDOI
Corporate governance and intellectual capital disclosure. an empirical analysis of the italian listed companies
TL;DR: In this paper, internal mechanisms of corporate governance (board composition, role duality, ownership structure, auditor type and size of audit committee), which influence the intellectual capital disclosure in corporate annual reports are analyzed.
Intellectual Capital and its Effects on Firms' market value and Financial Performance in Iran: An Investigating Pulic Model
TL;DR: In this article, the authors used annual time series data and unit root tests and analyzed them using Smooth Transition Regression (STR) model by Liew and et al., (2002) and found that there is a significant relationship among IC, market value and financial performance.
Journal ArticleDOI
Is Company Intellectual Capital Linked to Corporate Social Responsibility Disclosure? Findings from Indonesia
TL;DR: In this paper, the authors investigated whether there is a relationship between intellectual capital and its components and corporate social responsibility disclosure and found that intellectual capital, in its aggregate value of the Value Added Intellectual Coefficient (VAIC), does not have a significant relationship with CSR disclosure, while human capital efficiency and structural capital efficiency have no significant impact.
Journal ArticleDOI
Does including pictorial disclosure of intellectual capital resources make a difference
Natasja Steenkamp,Jill Hooks +1 more
TL;DR: In this article, the extent to which pictures are used to communicate intellectual capital (IC) information and the changes in volume of IC disclosure when pictures are included were examined, and a content analysis was conducted to determine the impact that pictures have on IC reporting (ICR) results.
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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