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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Measuring Intellectual Capital and Its Impact on Financial Performance: Empirical Evidence from CNX Nifty Companies:
TL;DR: In this paper, the authors measured the intellectual capital (IC) of publicly listed firms in India and empirically examined the relationship among IC, financial performance and market valuation of these firms.
Journal ArticleDOI
The relationship between intellectual capital and firm performance
TL;DR: The relationship between intellectual capital and firm performance has been investigated in this article, where Buallay et al. show that intellectual capital is correlated with firm performance, and that the performance of firms is positively associated with intellectual capital.
Journal ArticleDOI
If You Can Measure It, You Can Manage It: A Case of Intellectual Capital
TL;DR: This paper made adjustments to an existing model, the Value Added Intellectual Coefficient (VAIC), and presented an adjusted-VAIC model to measure Intellectual Capital (IC) in ten emerging and developed markets of the world.
Journal ArticleDOI
Examining the intellectual capital web reporting by Spanish universities
TL;DR: The results show that human capital was the most disclosed category with relational capital being the least frequently disclosed, however, the quality of structural capital disclosures was higher than relational and human capital.
Journal ArticleDOI
On intellectual capital efficiency and shariah governance in Islamic banking business model
TL;DR: In this article, the authors empirically investigated whether intellectual capital and shariah governance jointly affect the economic performance of Islamic banks, and they found both intellectual capital efficiency and Shariah governance proxies (size and dominance of prominent scholars of shariah supervisory board) to have a significant positive relationship with accounting measure of 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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