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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Journal ArticleDOI
An empirical investigation of the relationship between TSR, value-based and accounting-based performance measures
Harnesh Makhija,Pankaj Trivedi +1 more
TL;DR: In this paper, the information content of performance measures from accounting and value-based measures that best explain the total shareholder return was investigated. But, the authors found that accounting-based performance measures have more relative information content in predicting total shareholders' return as compared to value based measures, i.e., economic value added (EVA) and cash value added(CVA).
Value-added creation in financial perspective by collaboration of intellectual capital and corporate policy
TL;DR: In this paper, the authors analyse and test the creation of optimisation value-added by intellectual capital that collaborates with company policies in the property and real estate sector companies listed on the Indonesia Stock Exchange.
Book ChapterDOI
The Suitability of Intellectual Capital Reports for the Quantitative Measurement of Overall University Performance
TL;DR: The Intellectual Capital Report has been regarded as a suitable reporting tool to measure, publish, and evaluate their efforts and success as discussed by the authors, which allows for integrating non-monetary values on intangible assets such as human, structural, and relational capital.
The Relationship between Intellectual Capital, Firms’ Market Value, and Financial Performance: Empirical Evidence from Asian Countries
TL;DR: In this paper, the authors explored the extent of Intellectual Capital and its three components among Asian countries, and examined the relationship between firms' IC, market value, and financial performance.
Journal Article
El rol del capital intelectual en la innovación de las empresas (artículo de revisión)
María del Carmen Cano Alvarado,Guillermo César Sánchez Martínez,Manuel González Pérez,Juan Carlos Pérez García +3 more
TL;DR: In this paper, a review of the literature published in various sources including the Academy of Management Journal (AMJ), Journal of knowledge management, Journal of Human Resource Costing & Accounting and the Journal of Intellectual Capital is presented.
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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Intellectual Capital: Realizing Your Company's True Value by Finding Its Hidden Brainpower
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