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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The relationship between human capital and firm value: Evidence from Indian firms
TL;DR: In this article, the authors investigate whether human capital affects firm value by following a positive methodological approach and show that according to the classical theory of economic growth, human capital is the outpu...
Posted Content
Applying the VAIC Model to Russian Industrial Enterprises
TL;DR: In this article, the authors investigated empirically the dynamics and structure of VAIC, and study the relation between the intellectual capital and indicators of organizational performance, such as labor productivity, sales growth and profitability.
Journal ArticleDOI
A Two-Stage DEA Model to Evaluate the Performance of Iberian Banks
TL;DR: In this paper, the authors assess the performance of 58 Iberian banks and explore the relationship between such performance and the banks' Intellectual Capital (IC) efficiency during a post-crisis period.
Journal ArticleDOI
A Data Envelopment Analysis Approach to Performance Efficiency of Intellectual Capital – Case of Titan Company Limited #
TL;DR: In this article, the performance efficiency of Intellectual Capital (IC) on financial performance indicators of Titan Company Limited has been analyzed using a DEA-CCR-output model which consists of intellectual capital indices as input and financial performance measures as output.
Intellectual Capital: Its Effect on Financial Performance ofIndian Public and Private Sector Banks
TL;DR: In this paper, value added intellectual coefficient (VAIC) methodology has been used to find out the intellectual capital (IC) performance of listed public and private banks in India and to find the effects of IC on the financial performance of the banks during the period 2013 to 2015.
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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