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
More filters
Journal Article
The Impact of Islamic Corporate Governance, Islamic Intellectual Capital and Islamic Financial Performance on Sustainable Business Islamic Banks
TL;DR: In this paper, the impact of Islamic corporate governance, Islamic intellectual capital and Islamic financial performance on sustainable business in Islamic banks was analyzed using data testing using partial least square (PLS) supported by in-depth interview.
Yemeni banking system: Critical issues and future recommended strategies
TL;DR: In this article, the authors tried to dig deeply into this situation by highlighting the critical issues related to the Yemeni banking system and recommend some strategies that, if adopted, could enhance the capabilities of the Yemeni banks to provide high quality services and foresee the potential business opportunities.
Journal ArticleDOI
Should Listed Banks Be Concerned with Intellectual Capital in Emerging Asian Markets? A Comparison between China and Pakistan
TL;DR: In this paper, the authors compared the relationship between intellectual capital and banks' performance in China and Pakistan using the Value Added Intellectual Coefficient (VAIC) method. And they found that the lagged effect of IC has a positive impact on future bank profitability.
Journal ArticleDOI
Which IC is more important? A life‐cycle perspective
Chiung-Ju Liang,Ying-Li Lin +1 more
TL;DR: In this paper, value-relevant information provided by Intellectual Capital (IC) beyond financial performance under different life-cycle stages was investigated, and the empirical results indicated that overall IC provided the most valuerelevant information in the stagnant stage and the lowest value relevant information in a growth stage.
Journal ArticleDOI
Pengaruh Modal Intelektual dan Pengungkapannya Terhadap Kinerja Perusahaan
TL;DR: In this paper, the influence of intellectual capital and its disclosure to the firm performance for the current year and one-year ahead is discussed. But the results show that intellectual capital does not bring significant influence to the current and one year ahead firm performance in Indonesia, as well as its disclosure.
References
More filters
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.
Related Papers (5)
Intellectual Capital: Realizing Your Company's True Value by Finding Its Hidden Brainpower
Leif Edvinsson,Michael S. Malone +1 more