Journal articles on the topic 'Intellectual capital performance'
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Fawzi Shubita, Mohammad. "Intellectual capital components and industrial firm’s performance." Problems and Perspectives in Management 20, no. 1 (April 6, 2022): 554–63. http://dx.doi.org/10.21511/ppm.20(1).2022.44.
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The study aims to determine the connection between intellectual capital (IC) and financial performance of the Jordanian industrial listed companies. The methodology uses regression models, the IC will be measured using the VAIC model (value-added intellectual coefficient), on the other hand, company performance will be measured using return on equity (ROE). The main model includes financial leverage as a control variable to study the leverage role in the association between IC and return on equity. The study also investigates the incremental information content for intellectual capital components in explaining the change in firm performance. In addition, the size effect is studied to show if the company’s size affects the link between ROE and IC. The sample for this study is 77 Jordanian industrial firms and 788 company-year observations during the period 2006–2020. The study results are as follows: Intellectual capital has an important influence on industrial firm performance; Intellectual capital components have a significant impact on industrial firm performance. In particular, human capital efficiency (HCE) and capital employed efficiency (CEE) have a positive influence on ROE, and structural Capital efficiency (SCE) has a negative impact on firm performance. Lastly, firm size has an effect on the relationship between IC and industrial company performance.
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Pedro, Eugénia, João Leitão, and Helena Alves. "Intellectual capital and performance." Journal of Intellectual Capital 19, no. 2 (March 12, 2018): 407–52. http://dx.doi.org/10.1108/jic-11-2016-0118.
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Purpose The purpose of this paper is to determine the predominant classification of intellectual capital (IC), in terms of components, using the literature of reference on the relationship between IC and performance and considering multi-dimensional analysis axes (MAAs): organisational, regional and national. Design/methodology/approach A systematic literature review (SLR) is presented focussing on empirical studies on IC published in the period 1960-2016. A protocol for action is defined and a research question is raised, gathering data from the databases of: Web of Science, Scopus and Google Scholar. A social network analysis is also provided to determine the type of networks embracing groups, IC individual components and performance type. Findings Of the 777 papers included in the SLR, 189 deal with the relationship between IC and performance. The paper highlights the greater development of empirical studies starting from 2004; the organisational MAA is the most studied. The most frequently used groups of components in studies dealing with IC’s influence on performance corresponds to a triad of human capital; structural (organisational or process) capital; and relational (social or customer) capital, which determine positively the performance of organisations/regions/countries, but their influence is not linear and depends on various factors associated with the context and surrounding environment. Practical implications This study has wide-ranging implications for politicians/governments, managers and academics, providing empirical evidence about the relationships between the components of IC and performance, by MAAs, and a global vision and better understanding of how those IC components have developed and how they are related to performance. Originality/value Due to the high number of references covering a wide range of disciplines and the various dimensions (e.g. organisational, regional and national) that form IC, it becomes fundamental to carry out an SRL and systematise its MAAs to deepen knowledge about what has been discovered/developed in this domain, in terms of empirical studies, in order to situate the topic in a wider theoretical-practical context. The paper is exceptionally wide-ranging, covering the period 1960-2016. It is one of the first clarifying studies on systemisation of the literature on IC, by MAA, and an in-depth study of IC’s impact on the performance of organisations/regions and countries which may serve as a guideline for future studies using the taxonomy proposed.
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Umanto, Chandra Wijaya, and Andreo Wahyudi Atmoko. "Intellectual capital performance of regional development banks in Indonesia." Banks and Bank Systems 13, no. 3 (July 30, 2018): 36–47. http://dx.doi.org/10.21511/bbs.13(3).2018.04.
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Studies related to intellectual capital, particularly in banking sector, are basically focused on the relationship between intellectual capital performance and bank performance. In con¬trast to previous studies, this study analyzes the intellectual capital performance of regional development banks throughout Indonesia to develop performance through management of efficiency and productivity. The population and sample in this study consist of 26 regional development banks in Indonesia for the period 2007–2013. The management of efficiency is measured using the ratio of operating expense to operating income (BOPO), while the management of labor productivity is measured using the ratio of labor expenses to total operating expense and income level. At the theoretical level, this study is expected to fill the gap for the assessment of intellectual capital performance of banking institutions with unique characteristics such as regional development banks. To analyze intellectual capital performance, VAICTM method developed by Pulic (1998, 2000, 2004, 2008) is applied. The findings show that the intellectual capital performance of regional development banks is in the category of common performers. Finally, regional development banks need to focus on the importance of strengthening intangible resources directly affecting banking management in terms of strengthening information technology, positioning, and management competence, as well as organizational culture and working climate.
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Byul, Jeon, Moon Kwang Min, Jeong Youn Baek, and Sohn Ho Sung. "A Study on the Impacts of Intellectual Capitals on Organizational Performance: The Intellectual Property Office in Korea." Korean Journal of Policy Studies 22, no. 2 (February 28, 2008): 89–108. http://dx.doi.org/10.52372/kjps22204.
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This study analyzes the impacts of the intellectual capitals of the Korea Intellectual Property Office (KIPO) on organizational performance. In particular, the following have been analyzed: how KIPO's human capital, structural capital, and relational capital affect the activities of the organization's knowledge management; to what degree the levels of knowledge management activities affect the organization's performance; and to what extent the organization's performance varies in accordance with KIPO's intellectual capital levels. This study conducted empirical research and analysis of how the intellectual capitals that KIPO possesses activate knowledge management activities, and which intellectual capitals influence knowledge management and organizational performance. Furthermore, it derived strategic suggestions that can be used for making successful policy on intellectual capital management. The results of the study revealed that in order to enhance organizational performance, KIPO needs to make efforts to promote cognition on the importance of intellectual capitals that it holds, and adopt operational methods to raise the level of relational capitals.
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Cleary, Peter, and Martin Quinn. "Intellectual capital and business performance." Journal of Intellectual Capital 17, no. 2 (April 11, 2016): 255–78. http://dx.doi.org/10.1108/jic-06-2015-0058.
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Purpose – The purpose of this paper, building on previous studies of intellectual capital (IC) and business performance, is an exploratory study of how the use of cloud-based accounting/finance infrastructure affects the business performance of small and medium-sized enterprises (SMEs). The paper aims to discuss these issues. Design/methodology/approach – A survey method is used to capture perceptions of how cloud-based accounting/finance infrastructure affects business performance in SMEs. The study assumes that although accounting/finance systems are generally regarded as one element of a firm’s structural capital; the introduction of a cloud-based infrastructure in the accounting/finance area has the potential to positively impact on all three elements of a firm’s IC. Based on the survey data collected, a conceptual model was formulated to test the relationship between cloud-based accounting/finance infrastructure and business performance through the prism of firms’ IC. Findings – The results indicate that cloud-based accounting/finance infrastructure has a positive and statistically significant impact on human capital and relational capital. On structural capital, although positive, the relationship is not statistically significant. On the relationship between the three components of IC and business performance, all three elements are both positive and statistically significant. Furthermore, the R2 value generated for the ultimate endogenous construct in the hypothesised conceptual model, i.e. “Business Performance” is 71.3 per cent, indicating significant model explanatory power. Research limitations/implications – The findings suggest further more in-depth research is needed to explore in detail the effects of cloud-based accounting/finance infrastructure on both the IC and subsequent business performance of SMEs. Originality/value – Studies on the effects of cloud computing on accounting are scarce. This exploratory research suggests that cloud-based accounting/finance infrastructure can potentially improve the business performance of SMEs. While a valuable finding in itself, more research in this area is to be encouraged.
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Murthy, Vijaya, and Jan Mouritsen. "The performance of intellectual capital." Accounting, Auditing & Accountability Journal 24, no. 5 (June 21, 2011): 622–46. http://dx.doi.org/10.1108/09513571111139120.
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Hamdan, Allam. "Intellectual capital and firm performance." International Journal of Islamic and Middle Eastern Finance and Management 11, no. 1 (April 16, 2018): 139–51. http://dx.doi.org/10.1108/imefm-02-2017-0053.
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Purpose This study sheds light on the relation between intellectual capital and firm performance. The study argues that traditional performance measurement based on accounting is still able to explore the relation between intellectual capital and performance. Design/methodology/approach The study was conducted at 198 firms from two Gulf Cooperation Council countries: Kingdom of Saudi Arabia and Kingdom of Bahrain for the period 2014–2016. To measure intellectual capital, the value added intellectual coefficient model was adopted along with two measures of performance: accounting-based performance which is return on assets and market-based performance which is Tobin’s Q, in addition to the Random-Effects Regression. Findings Study findings came up with evidences that support the relationship between intellectual capital and accounting-based performance, but negates any relation between intellectual capital and market-based performance. The findings also revealed different results, between Saudi Arabia’s and those of Bahrain. Originality/value The study contributes to the debate on the validity of relating intellectual capital to the traditional accounting-based performance.
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N. Isanzu, Janeth. "Impact of Intellectual Capital on Financial Performance of Banks in Tanzania." Journal of International Business Research and Marketing 1, no. 1 (2015): 17–24. http://dx.doi.org/10.18775/jibrm.1849-8558.2015.11.3002.
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Since the financial sector reforms took place in the last two decades, Banks in Tanzania have continued to play the major role in reshaping the economy of the nation. With the emergence of knowledge based economy many firm have changed their way of doing business instead of relying more on physical capital they have shifted to intellectual capital. This is no exception for the banks operating in developing counties Tanzania included. Many studies have been done in the area of intellectual capital and its contribution to the value of the firm. This study sets out to extend the evidence by investigating the intellectual capital of banks operating in Tanzania for the period of four years from 2010 to 2013. Annual reports, especially the profit and loss accounts and balance sheets of the selected banks have been used to obtain the data. The study uses Value Added Intellectual Capital model (VAICTM) in determining intellectual capital and its three major components like Human Capital Efficiency (HCE) Structural capital efficiency (SCE) and Capital Employed Efficiency (CEE). The results revealed that Intellectual capital has a positive relationship with financial performance of banks operating in Tanzania and also when the VAICTM was divided into its three components it was discovered that the financial performance is positively related to Human capital efficiency and Capital employed efficiency but is negatively related to Structural capital efficiency.
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Wulandari, Afiani, and Dinalestari Purbawati. "The Influence of Intellectual Capital on Firm Value through Financial Performance as an Intervening Variable (Study on Pharmaceutical Sub-Sector Companies Listed on the Indonesia Stock Exchange Periode 2016 - 2019)." Jurnal Ilmu Administrasi Bisnis 10, no. 1 (April 6, 2021): 793–802. http://dx.doi.org/10.14710/jiab.2021.29801.
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The formation of a company is due to the objectives to be achieved, one of which is maximizing company value. Firm value is a reflection of the company's performance which is formed by supply and demand in the capital market which can be influenced by several factors, including intellectual capital and financial performance. This study aims to examine the effect of intellectual capital on firm value through financial performance as an intervening variable in pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange for the period 2016 – 2019. The data used is secondary data derived from the publication of financial reports by the IDX. The analysis method used is regression analysis and single test. The results showed that simultaneously intellectual capital and financial performance had a significant effect on company value, partially intellectual capital had no effect on company value, intellectual capital had no effect on financial performance, financial performance had no effect on firm value, and financial performance was not an intervening variable between intellectuals. capital and financial performance. It is recommended that pharmaceutical companies optimize their intellectual capital and financial performance so as to increase company value to convince investors. Investors are advised before placing their funds to consider intellectual capital, financial performance and other external factors that may affect company value.
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Ningrum, Endah Prawesti, and Regina Jansen Arsyah. "Effect of Intellectual Capital on Organizational Performance Moderated by Cultural." Webology 19, no. 1 (January 20, 2022): 1815–23. http://dx.doi.org/10.14704/web/v19i1/web19121.
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This study analyzes Organizational Performance which is the influenced by intellectual Capital moderated by culture. The method used in this research is by surveying and distributing questionnaires based on the time horizon using a cross section study. The population manufacturing companies in MM2100 area using convenience sampling. Regression analysis and inferential statistics, descriptive statistics is used by data analysis technique. The intellectual shows positive and significant impact on organizational performance and cultural as a moderating effect in this results. This research imply that by increasing intellectual and cultural Capital will be more effective on improving organizational performance.
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Nhon, Hoang Thanh. "The Intellectual Capital, Firm Performance and the Moderating Role of Manager Skills." Business Management and Strategy 11, no. 2 (August 14, 2020): 1. http://dx.doi.org/10.5296/bms.v11i2.17524.
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The purpose of this article was to explore the moderating role of the manager skills on the relationship between the intangible capitals and firm performance. Specific aims included (a) to synthesize the prior literatures and definitions related to human, organizational and social capital, firm performance and manager skills, (b) to refine conceptual definitions of the human and social capital with associated conceptual antecedent, organizational capital, and consequences, firm performances, (c) to propose a synthesized conceptual framework guiding the mediated moderation of the manager skills on the relationship between intangible capitals and firm performance. The analysis include data collected from a survey with the total of 370 information communication technology (ICT) firm’s managers. The mediating and moderating techniques are used to analyze the indirect effects of organizational capital on firm performance via human and social capital and the moderating role of manager skills on the relationship between intangible capitals and firm performance. The results show that all intangible capital dimensions have direct impacts on firm performance. In addition, there is the existences of the mediating role of the human and social capital on the relationship between firm performance and organizational capital and moderating role of the manager skills on the relationship between intellectual capital dimensions and firm performance. This is the first paper to examine comprehensively the conceptual framework of the moderating role of manager skills on relationships between intangible capitals and firm performance in ICT sector in a developing country like Vietnam.
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Naushad, Mohammad. "Intellectual capital and financial performance of Sharia-compliant banks in Saudi Arabia." Banks and Bank Systems 14, no. 4 (November 15, 2019): 1–9. http://dx.doi.org/10.21511/bbs.14(4).2019.01.
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The current study is aimed at analyzing the impact of intellectual capital on the performance of Sharia-compliant banks in Saudi Arabia for the period 2013–2018. The intellectual capital efficiency has been measured by applying a widely-used proxy to intellectual capital, i.e., Value Added Intellectual Coefficient (VAIC). A multiple linear regression method, based on panel data using the pooled Ordinary Least Squares (OLS), was exerted. Regression equations were obtained to determine the impact of VAIC and its components (Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE), and Capital Employed Efficiency (CEE)) on the financial performance of banks, designated as Return on Assets (ROA) and Return on Equity (ROE). The study has found out that VAIC has a statistically significant impact on the financial performance of Sharia-compliant banks in Saudi Arabia. But VAIC components fail to have a significant impact on ROE. However, these components significantly affect ROA. The study concludes that Sharia-compliant banks in the Kingdom of Saudi Arabia should pay particular attention to Intellectual Capital (IC) in general and Human Capital (HC), Structural Capital (SC), and Employed Capital (EC) in particular to increase Return on Assets and financial performance as a whole.
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WIRANATA, SUHENDA, and ALI RAMA. "INTELLECTUAL CAPITAL DAN KINERJA SOSIAL PERBANKAN SYARIAH DI INDONESIA: SEBUAH KAJIAN KONSEP DAN EMPIRIS." JEBI (Jurnal Ekonomi dan Bisnis Islam) 3, no. 2 (December 3, 2018): 195. http://dx.doi.org/10.15548/jebi.v3i2.178.
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The study aims to examine the influence of intellectual capital to social performance of Islamic banks. The study assumes there is an intervening role of financial performance on the relation between intellectual capital and social performance of Islamic banks. The VAIC (valued added intellectual capital) is used to measure the intellectual capital. While social capital of Islamic banks comprises four main aspects which are contribution economic development, society, stakeholders, and human development & research. The financial performance is represented by ROA and ROE. The study finds that intellectual capital of Islamic banks has an increasing performance during the period of the study where human capital is the main backbone. Otherwise, social performances of Islamic banks are relatively fluctuated and tend to remain stable during the period. The statistical test shows that intellectual capital has no significant impact on social performance of Islamic banks. However intellectual capital positively and significantly influences financial performance of Islamic banks.
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Arraniri, Iqbal. "IDENTIFIKASI BUSINESS PERFORMANCE UKM DENGAN SKEMA KLASIFIKASI INTELLECTUAL CAPITAL." Jurnal Ilmiah Administrasi Bisnis dan Inovasi 4, no. 1 (August 17, 2020): 17. http://dx.doi.org/10.25139/jai.v4i1.2225.
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When a company tries to find a business performance formula that can become a new solution in order to maintain its survival, then it depends on how its ability to manage its assets. So this study aims to examine the relationship of three main components of Intellectual Capital and Business Performance from Bontis at al: Human Capital, Structural Capital, Relational Capital. Hypothesis testing is conducted on the positive relationship between Human Capital and Business Performance, the positive relationship between Structural Capital and Business Performance, the positive relationship between Relational Capital and Business Performance, and the positive relationship between Intellectual Capital (IC) and Business Performance. Data collection techniques using a questionnaire developed from IC sub-factors based on the Intellectal Capital Classification Scheme from Moon and Kym, given directly to respondents or managers / business owners with a sample of 30 companies, then the data collected was analyzed using the IBM 20.0 SPSS program. Positive inter-variable influences have been found accompanied by rejected hopothesis.
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Ali, Mostafa A., Nazimah Hussin, Hossam Haddad, Reem Al-Araj, and Ibtihal A. Abed. "A Multidimensional View of Intellectual Capital: The Impact on Innovation Performance." Journal of Open Innovation: Technology, Market, and Complexity 7, no. 4 (October 11, 2021): 216. http://dx.doi.org/10.3390/joitmc7040216.
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The current economic trend worldwide is for an industrial economy based on tangible assets to convert into a non-tangible economy based on intellectual capital. Lately, a multidimensional view of intellectual capital and its implications on innovation performance have generated renewed research interests. Based on these facts, the relationship amongst different antecedent factors such as culture and trust on intellectual capital components was analysed. In addition, a correlation among intellectual capital components (as non-tangible assets) and innovation performance for the banking sector was established. The positivism philosophy, deductive approach and quantitative methods were used as the research methodology to accomplish the research objectives. In this process, a questionnaire survey and purposive sampling technique were used to collect the responses from 364 employees of the Iraqi commercial banks. The obtained data were analysed statistically using the SPSS v25 and AMOS v24 software. The results revealed a significant impact of culture and trust (antecedent factors) on various intellectual capital components. Furthermore, a strong connection between these antecedent factors and intellectual capital components was evidenced, confirming the study hypotheses. Interestingly, intellectual capital components were found to enhance significantly the innovation performance of the banks, leading to better competitive advantages. In addition, it provided evidence on the impacts of inter-relationships amongst human, structural and relational capitals. Consequently, the study provides academicians and practitioners valuable insights into and guidance on how developing intellectual capital enhances competitive performance, especially in the context of Iraqi commercial banks.
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Bollen, Laury, Philip Vergauwen, and Stephanie Schnieders. "Linking intellectual capital and intellectual property to company performance." Management Decision 43, no. 9 (October 2005): 1161–85. http://dx.doi.org/10.1108/00251740510626254.
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Vlismas, Orestes, Dimitrios Ntounis, and Vassilios Christos Naoum. "Strategy, Intellectual Capital, and Operating Performance." International Journal of Managerial and Financial Accounting 1, no. 1 (2023): 1. http://dx.doi.org/10.1504/ijmfa.2023.10047050.
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Gupta, Kanishka, and T. V. Raman. "Influence of Intellectual Capital on Performance." International Journal of Human Capital and Information Technology Professionals 12, no. 2 (April 2021): 53–71. http://dx.doi.org/10.4018/ijhcitp.2021040104.
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Intellectual capital (IC) has gained recognition in enhancing the firms' value and gain a competitive advantage in the developed world. The present study examines the impact of IC on firms' financial performance. The study takes 48 companies for the time period of 10 years (2009-2018). The paper has used modified Pulic's value added intellectual coefficient (VAIC) as a proxy to measure IC and return on assets (ROA) to measure firms' financial performance. Granger causality between all the components of IC and ROA has been tested using Dumitrescu-Hurlin test. To analyse the impact, correlation and dynamic panel data regression technique has been applied. The result indicates that overall intellectual capital, human capital, relational capital, process capital, and financial capital have a significant impact on financial performance. On the other hand, innovation capital has no significant relationship with firms' financial performance. The results are helpful for managers, policymakers, government, and investors so that they can properly manage and regulate the IC of their organization.
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Zalfa, Alifira Nabila, and Nova Novita. "Green Intellectual Capital dan Sustainable Performance." InFestasi 17, no. 2 (December 29, 2021): Inpres. http://dx.doi.org/10.21107/infestasi.v17i2.10282.
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Chowdhury, Leena Afroz Mostofa, Tarek Rana, and Mohammad Istiaq Azim. "Intellectual capital efficiency and organisational performance." Journal of Intellectual Capital 20, no. 6 (November 28, 2019): 784–806. http://dx.doi.org/10.1108/jic-10-2018-0171.
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Purpose The purpose of this paper is to, the first of its kind, investigate the relationship between the intellectual capital efficiency and organisational performance of the pharmaceutical sector in Bangladesh, an emerging economy that enjoys Trade-Related Aspects of Intellectual Property Rights (TRIPS) relaxation. Design/methodology/approach The study used hand-picked data from annual reports for five years. The relationship between efficient use of intellectual capital and corporate performance was examined through the practical use of human capital, structural capital and capital employed. Multiple regressions were used to assess their impact on financial performance – specifically, return on assets, return on equity, asset turnover and market-to-book value. Findings Value-added intellectual coefficient components (i.e. human capital, structural capital and capital employed) significantly explained asset turnover and return on assets but failed to predict the return on equity outcome. Additionally, asset turnover was negatively influenced by structural capital and positively influenced by capital employed. The return on assets was mostly affected by variation in human capital. Intellectual capital did not predict market-to-book value or investment decisions. Practical implications This paper provides useful resources for evaluating the financial performance and value creation of companies in emerging economies that enjoy TRIPS exemptions; this research could also be extended using cross-industry comparisons. The findings have theoretical and practical implications, particularly for the pharmaceutical industry in emerging economy contexts, and for managers globally. Originality/value This study is among only a few that have reported on the relationship between intellectual capital efficiency and value creation in emerging economy contexts.
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Kehelwalatenna, Sampath. "Intellectual capital performance during financial crises." Measuring Business Excellence 20, no. 3 (August 15, 2016): 55–78. http://dx.doi.org/10.1108/mbe-08-2015-0043.
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Purpose This paper aims to examine empirically the behaviour of the impact of intellectual capital (IC) on firm performance during financial crises, having observed that there was no prior research carried out to examine whether the theoretically expected sustainable firm performance created by IC holds during a financially unstable situation in the economy. Design/methodology/approach The Pulic’s value-added intellectual coefficient method is used to measure IC. Firm performance is measured through productivity, profitability and revenue growth. Structural stability tests and dynamic regression models for panel data are used for the data of 191 banking firms listed on the New York Stock Exchange during 2000-2011. Findings The paper reveals, contrary to theoretical expectations, that the impact of IC on firm performance is inconsistent during financial crises. This behaviour emerges mainly because of the incapability of human capital, the main component of IC, to create value for the sample firms during financial crises. Research limitations/implications The findings of the study are confined to financial crises that existed in the US economy during the period 2000-2011. The findings provide evidence that heterogeneity in the resource base of a firm plays a very minor role in the value creation process during turbulent economic situations. The findings also question the practicality of investing in intangible assets, including IC, during periods of financial crises. Originality/value This paper could be the first attempt to evident empirically that the heterogeneity in the resource base of the firm has a very minor role to play in the value creation process when instability exists in the macroeconomic environment.
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Knight, Daniel J. "Performance measures for increasing intellectual capital." Strategy & Leadership 27, no. 2 (February 1999): 22–27. http://dx.doi.org/10.1108/eb054632.
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Buallay, Amina, Richard Cummings, and Allam Hamdan. "Intellectual capital efficiency and bank’s performance." Pacific Accounting Review 31, no. 4 (November 4, 2019): 672–94. http://dx.doi.org/10.1108/par-04-2019-0039.
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Purpose Intellectual capital (IC) plays a pivotal role in the high-tech and knowledge-based economic sectors. With the emergence of FinTech, which, with respect to the banking sector, is merging high-tech with the k-economy, there is an emerging need to highlight the importance and understand the dynamics of bank IC. With respect to Gulf Cooperation Council (GCC) economies, where FinTech has become de rigueur, banking is bifurcated into Islamic and banking sectors. Through comparative empirical analysis, the purpose of this paper is to examine IC efficiency in Islamic and conventional banks with a view to elucidating the impact of IC, in aggregate and decomposed into its components, on an operational, financial and market performance of Islamic banks juxtaposed with conventional banks. Design/methodology/approach Using data collected from 59 banks for five years (2012-2016) involving 295 observations, an independent variable derived from the modified value added IC (MVAIC) components are regressed against dependent bank performance indicator variables [Return on Assets (ROA), Return on Equity (ROE) and Tobin’s Q (TQ)]. Two types of control variables complete the regression analysis in this study: bank-specific and macroeconomic. Findings The findings elicited from the empirical results demonstrate that there is positive relationship between IC efficiency and financial performance (ROE) and market performance (TQ) in Islamic banks. In conventional banks, however, there is a positive relationship between IC and operational performance (ROE) and financial performance (ROE). Originality/value The model in this paper presents a valuable analytical framework for exploring IC efficiency as a driver of performance in dual-sector banking economies characterized by co-existence of Islamic and conventional financial institutions. In addition, this paper highlights bank management lacunae manifesting in terms of the weak nexus between: IC and asset efficiency (ROA) in Islamic banks and IC and market value (TQ) in conventional banks.
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Phusavat, Kongkiti, Narongsak Comepa, Agnieszka Sitko‐Lutek, and Keng‐Boon Ooi. "Interrelationships between intellectual capital and performance." Industrial Management & Data Systems 111, no. 6 (June 28, 2011): 810–29. http://dx.doi.org/10.1108/02635571111144928.
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Schiuma, Giovanni, and Antonio Lerro. "Intellectual capital and company's performance improvement." Measuring Business Excellence 12, no. 2 (May 30, 2008): 3–9. http://dx.doi.org/10.1108/13683040810881153.
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Al-Musali, Mahfoudh Abdul Karem Mahfoudh, and Ku Nor Izah Ku Ismail. "Board diversity and intellectual capital performance." Accounting Research Journal 28, no. 3 (November 2, 2015): 268–83. http://dx.doi.org/10.1108/arj-01-2014-0006.
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Abbas, Sayyed Khawar, Hafiz Ali Hassan, Zair Mahmood Hashmi, Hafiz Muhammad Junaid, Sikandar Majid, and Tanzila Ijaz. "Intellectual Capital Impact on Organizations’ Performance." International Journal of Advanced Engineering, Management and Science 4, no. 7 (2018): 519–24. http://dx.doi.org/10.22161/ijaems.4.7.4.
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Naoum, Vasiliοs Christos, Dimitrios Ntounis, and Orestes Vlismas. "Strategy, intellectual capital and operating performance." International Journal of Managerial and Financial Accounting 15, no. 1 (2023): 50. http://dx.doi.org/10.1504/ijmfa.2023.127526.
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Suryani, Ani Wilujeng, and Alfin Nadhiroh. "Intellectual Capital and Capital Structure Effect on Firms’ Financial Performances." Journal of Accounting Research, Organization and Economics 3, no. 2 (August 31, 2020): 127–38. http://dx.doi.org/10.24815/jaroe.v3i2.17258.
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Objective – This study aims to determine the influence of intellectual capital and capital structure on financial performance in manufacturing companies in Indonesia. Design/methodology – The data were collected from all 140 manufacturing companies from 2015 to 2019. While most studies of intellectual capital were conducted by using multiple regression analysis, we investigate the impact of intellectual capital and capital structure on the financial performance by using weighted least square regression.Results – The results showed that intellectual capital has a significant positive effect on firms’ financial performances, but the capital structure has a negative effect. The results of this study are beneficial for managers to consider increasing intellectual capital to create a competitive advantage in the midst of fierce competition of the ASEAN Economic Community era. In addition, managers need to consider the optimum capital structure to fulfill funding needs, hence financial distress can be minimized.Limitation/Suggestion - This study is a quantitative study limited to the availability of the data. Also, a number of outliers were found in the data and treated prior to the analysis.
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Jahanian, Ramezan, and Raheleh Salehi. "Managing Intellectual Capital in Organizations." International Journal of Human Resource Studies 3, no. 4 (November 23, 2013): 121. http://dx.doi.org/10.5296/ijhrs.v3i4.4608.
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Today, by considering the growth of knowledge and technology development of the economic world, the organizations are experiencing a new environment in which they are required to develop the skills and internal abilities and strengthen their knowledge and intellectual capitals from which they benefit for better performance in the world of business. .Knowledge and intellectual capital have been recognized as a constant strategy for obtaining and keeping competitive benefits of an organization. Managers should understand that what kind of abilities is necessary for keeping competitive beneficial. Knowledge and intellectual capital are being changed into strategy tools for managing business organizations. In this article, we have tried to study stages of managing intellectual capitals.
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Aida VitayalaS. Hubeis, Mextaria Yuliana, Anggraini Sukmawati,. "The Evaluation of Lecturer's Performance and Sekolah Tinggi Perikanan's Performance Through Intellectual Capital." Jurnal Manajemen 23, no. 1 (March 25, 2019): 19. http://dx.doi.org/10.24912/jm.v23i1.442.
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Intellectual capital is an intangible resource owned by the organization that can be used to create value for the organization. Intellectual capital consists of the source of human capital, the organization itself and its relationship to the environment. The purpose of this research is to analyze the effect of intellectual capital on lecturer and organizational performance and the effect of lecturer performance on organizational performance. Lecturer performance was measured by Key Performance Indicator value. Organizational performance was measured by perspective of costumer, finance, internal business process, learning and growth. Respondents of this research were 106 lecturers in Sekolah Tinggi Perikanan. Data was analyzed by descriptive analysis and Structural Equation Modeling (SEM) with LISREL. The results showed that intellectual capital has positive effect and significant on lecturer and organizational performance. Lecturer performance has positive effect on organizational performance, but insignificant. University is the organization which high intellectual capital, so organization could be able to manage them for improving performance.
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Ognjanović, Jasmina, and Marko Slavković. "Intellectual capital and financial performance of entrepreneurs in the hotel industry." Menadzment u hotelijerstvu i turizmu 10, no. 1 (2022): 25–40. http://dx.doi.org/10.5937/menhottur2201025o.
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Intellectual capital is recognized as a key factor in creating value and gaining and maintaining a competitive advantage among service companies. Intellectual capital can be a useful tool for improving the entrepreneurial performance if it is managed properly. The existing literature does not provide enough insight about the role and importance of intellectual capital among entrepreneurs in the hotel industry. The main goal of the paper is to identify the relationship between intellectual capital and financial performance of entrepreneurs in the hotel industry. The descriptive statistics, correlation analysis and multiple regression analysis were applied. Based on the applied statistical methods, it is concluded that intellectual capital has an impact on operating profit and productivity of entrepreneurs in the hotel industry. The results also indicate that human capital had the greatest contribution to improving the financial performance of entrepreneurs in the hotel industry.
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Sriwahyuni, Diana, Sigit Hermawan, and Nur Ravita Hanun. "INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PERUSAHAAN FARMASI DI INDONESIA." eBA Journal: Journal Economics, Bussines and Accounting 5, no. 1 (February 13, 2019): 31–38. http://dx.doi.org/10.32492/eba.v5i1.709.
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This study aims to analyze the effects of Intellectual Capital to Financial Performances of Pharmaceutical Company. Independent variable in this study is Intellectual Capital . Intellectual Capital which consist of Human Capital (HC), Structural Capital (SC), and the Capital Employed which uses a method Value Added Intellectual Coefficients (VAICTM.). Financial Company’s Performance is proxied by Return On Assest (ROA) and Net Profit Margin (NPM).
This research samples are pharmaceutical company in the Indonesia Stock Exchange in 2011- 2015. Samples were collected by purposive sampling method and resulted in 7 firms as the samples. This study used simple linear regression to analyze data. The results of this study indicate that intellectual capital (IC) has effect on variable financial performance Return On Assets (ROA) and intellectual capital (IC) has effect on variable financial performance Net Profit Margin (NPM).
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Ali, Mostafa A., Nazimah Hussin, Hossam Haddad, Reem Al-Araj, and Ibtihal A. Abed. "Intellectual Capital and Innovation Performance: Systematic Literature Review." Risks 9, no. 9 (September 17, 2021): 170. http://dx.doi.org/10.3390/risks9090170.
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Over the years, several studies have been conducted to identify the impact of various intellectual capital components on the organizational performances. However, most of these works greatly replicated the applications and uses of different intellectual capital components (human, structural, relational, social) without addressing the shortcomings related to their empowerment toward the innovation perception of the organizations. Based on this fact, we comprehensively reviewed the existing literatures that strongly influenced the innovation performance of the financial sector. Standard inclusion and exclusion criteria were used for the critical and systematic evaluation of the past studies. It identified the main limitations of intellectual capital components efficiency in the financial sector that could considerably affect their desired innovation performances in the dynamic and competitive market scenarios. In addition, a correlation was established among the organizational growth of intellectual capital components and innovation performance, leading to positive implications on intellectual capital components development.
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Tang, Sukiantono, and Angeline Angeline. "Pengaruh Firm Performance Terhadap Intellectual Capital Disclosure." E-Jurnal Akuntansi 32, no. 7 (July 15, 2022): 1828. http://dx.doi.org/10.24843/eja.2022.v32.i07.p12.
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Intellectual capital is an intangible asset consisting of human resources (human capital), corporate organization (structural capital), and relational value (relational capital) that can increase the value of a company. The research objective is to obtain empirical facts about the effect of firm size, minority share, liquidity, profitability, leverage, asset turnover, and market to book value on intellectual capital disclosure. The research was conducted on companies listed on the Indonesia Stock Exchange in 2017-2021. The selected sample results contained 1,827 observational data. The information analysis procedure used is linear regression analysis. The results of the research prove that firm size has a positive effect on intellectual capital disclosure. Minority share, liquidity, profitability, leverage, asset turnover, and market to book value do not affect intellectual capital disclosure.
Keywords: Intellectual Capital Disclosure; Firm Performance.
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Javadi, Hadi Kord, Zahra Kohandel, and Khadije Fardi. "ANALYSIS OF RELATIONSHIPS BETWEEN INTELLECTUAL CAPITAL AND MEASUREMENT PERFORMANCE INDICATORS OF THE PHARMACEUTICAL COMPANIES IN TEHRAN STOCK EXCHANGE." Ciência e Natura 37 (September 14, 2015): 58. http://dx.doi.org/10.5902/2179460x19440.
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http://dx.doi.org/10.5902/2179460X19440Intellectual Capital is the most precious possession of companies in modern economy; therefore, Intellectual Capital of industrial centers is ever-increasingly changing to become the chief indicators both in company operations and in improving its ability to manage the organization capitals. In the main, the current study aims to investigate the relationship between the Intellectual Capital and performance measurement. In this research, the independent variable is the intellectual capital having three dimensions of human, structure and physical capitals, and the dependent variable is the organization operation with two dimensions of economical and accounting which are going to be assessed in this study. The Statistical population is the pharmaceutical companies admitted in the Tehran Stock Exchange from 1387 to 1391 amounting to 30 companies in total. This research investigates the time span from the beginning of 1387 up to the end of year, 1391. Data relevant to variables has been collected by the software of the Stock Exchange. The collection of data has been carried out by means of SPSS. In this study, the researcher used the descriptive and inferential statistics (Spearman test) and the results show that the hypotheses are a s follows 1. There is statistical significance between intellectual capital and performance measurement, 2. There is no statistical significance between the intellectual capital and ROR of the owners’ salary, 3. There is no statistical significance between the intellectual capital and the ROR of the properties, 4. There is statistical significance between the intellectual capital and the value added of the market, 5. There statistical significance between the intellectual capital and economic value added.
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Budiarso, Novi Swandari. "INTELLECTUAL CAPITAL IN PUBLIC SECTOR." ACCOUNTABILITY 8, no. 1 (July 4, 2019): 42. http://dx.doi.org/10.32400/ja.23359.8.1.2019.42-50.
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This study explores the way in which intellectual capital characteristics contribute towards a competitive advantage to public sector firms, particularly–State Owned Enterprises (SOEs) in Indonesia. The purpose of this study was to investigate the relationship between the intellectual capital and performance of public sector firms. Another purpose was to find out the difference of SOEs and non SOEs listed on Indonesian Stock Exchange regarding the effect of intellectual capital on financial performance The motivation based on the opinion that public sector in Indonesia had a bad performance compares to private sector. In government context human capital include competence, level of knowledge and integrity. Structural capital consist of culture and system or bureaucracy. Customer capital pertaining services to public. The sample consist of 36 firms were listed in Indonesia Stock Exchange, 18 SOEs and 18 non SOEs. Data were drawn for three years, 2010-2012. It was an empirical study using multiple regression model and independent sample t test for the data analysis. The paper tests elements of VAICTM and financial company’s performance. The findings show that: as partial, the components of intellectual capital (VAICTM), physical capital have a significantly influences to firms performance, but human capital and structural capital have no significantly influences to firms performance.
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ZIA-UR-REHMAN, MUHAMMAD, SAJJAD AHMAD BAIG, MUHAMMAD ABRAR, MUHAMMAD HASHIM, FIZA AMJAD, IRFAN AHMAD BAIG, and MUHAMMAD USMAN. "The impact of intellectual capital, organizational capabilities and innovation on firm performance of textile sector: a moderating effect of GSP Plus." Industria Textila 70, no. 06 (December 12, 2019): 572–78. http://dx.doi.org/10.35530/it.070.06.1632.
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The objective of this study was to investigate the relationship between intellectual capital, organizational capabilities, Innovations and firm performance through the moderating role of GSP Plus status. The findings show that intellectual capital, organizational capabilities, and Innovations have a significant impact on firm performance. Additionally, the GSP Plus moderates the relationship between intellectual capital and firm performance. The GSP Plus also moderates the relationship between Innovation and firm performance. However, GSP Plus does not moderate the relationship between organizational capabilities and firm performance. The findings of this study would guide the textile exporters to understand how to enhance a firm’s performance by giving preference to the intellectual capitals, Organizational Capabilities and Innovations and how to utilize the GSP Plus status effectively
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Budiarso, Novi Swandari. "INTELLECTUAL CAPITAL IN PUBLIC SECTOR." ACCOUNTABILITY 8, no. 01 (June 30, 2019): 42. http://dx.doi.org/10.32400/ja.24281.8.01.2019.42-50.
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This study explores the way in which intellectual capital characteristics contribute towards a competitive advantage to public sector firms, particularly–State Owned Enterprises (SOEs) in Indonesia. The purpose of this study was to investigate the relationship between the intellectual capital and performance of public sector firms. Another purpose was to find out the difference of SOEs and non SOEs listed on Indonesian Stock Exchange regarding the effect of intellectual capital on financial performance The motivation based on the opinion that public sector in Indonesia had a bad performance compares to private sector. In government context human capital include competence, level of knowledge and integrity. Structural capital consist of culture and system or bureaucracy. Customer capital pertaining services to public. The sample consist of 36 firms were listed in Indonesia Stock Exchange, 18 SOEs and 18 non SOEs. Data were drawn for three years, 2010-2012. It was an empirical study using multiple regression model and independent sample t test for the data analysis. The paper tests elements of VAICTM and financial company’s performance. The findings show that: as partial, the components of intellectual capital (VAICTM), physical capital have a significantly influences to firms performance, but human capital and structural capital have no significantly influences to firms performance.Keywords : intellectual capital, physical capital, human capital, structural capital, financial performance
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Young, Chaur Shiuh, Liu Ching Tsai, and Hung Wen Lee. "Relationship between intellectual capital-oriented corporate performance management systems, intellectual capital and corporate performance: an exploratory study." International Journal of Accounting, Auditing and Performance Evaluation 4, no. 4/5 (2007): 422. http://dx.doi.org/10.1504/ijaape.2007.017087.
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Han, Yuqian, and Dayuan Li. "Effects of intellectual capital on innovative performance." Management Decision 53, no. 1 (February 9, 2015): 40–56. http://dx.doi.org/10.1108/md-08-2013-0411.
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Purpose – The purpose of this paper is to demonstrate the relationship between intellectual capital and innovative performance, and to specify the boundary conditions and mechanisms of the relationship from a knowledge-based dynamic capability perspective. Design/methodology/approach – This study empirically analyzes the impact of intellectual capital on innovative performance and the role knowledge-based dynamic capability plays with a sample of 217 firms in China. To test the research hypotheses, regression analysis is applied. Findings – The results show that intellectual capital positively affects innovative performance, and knowledge-based dynamic capability is a mediator rather than a moderator which partly mediates the relationship between intellectual capital and innovative performance. Practical implications – The findings suggest that realizing superior innovative performance is dependent on a firm’s intellectual capital and its ability to sense opportunities and threats, to make timely and correct decisions, and to facilitate necessary changes efficiently. Originality/value – This study is the first to clarify whether knowledge-based dynamic capability plays a moderating role or a mediating role between intellectual capital and innovative performance. The present study thus helps move forward the understanding on the conditions and mechanisms of the effects of intellectual capital.
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Irsyahma, Aida, and Nikmah Nikmah. "Intellectual Capital, Firm Value, and Financial Performance." AFEBI Accounting Review 1, no. 01 (March 13, 2017): 29. http://dx.doi.org/10.47312/aar.v1i01.24.
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<p>The ownership of intangible assets especially intellectual capital has becoming more important in this modern era where technology and knowledge have significant roles in company operating activities. The objective of this study is to examine the effect of intellectual capital on firm value and financial performance as intervening variable. The sample in this study is the banking sector listed in Indonesia Stock Exchange between 2011-2014 and 15 banks become samples in this study. The data was analyzed using the path analysis method with SPSS.<br />The test result shows that intellectual capital has a positive effect on firm value, intellectual capital has a positive effect on financial performance, financial performance has a positive effect on firm value, and financial performance proved to intervene the relationship between intellectual capital and firm value.</p><p><br />Keywords: Financial Performance, Firm Value, Intellectual Capital</p>
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Roghayeh, Jokar Payborji,, and Karnameh Haghighi, Hassan. "The Impact of Intellectual Capital on Business Performance (Case Study: Shiraz Travel Agencies)." Business Management and Strategy 7, no. 2 (December 19, 2016): 157. http://dx.doi.org/10.5296/bms.v7i2.10354.
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As the most important capital in today’s global economy, knowledge has replaced physical and financial capitals, and the knowledge-based business environment needs an approach that encompasses new intangible organizational assets. In fact, responses that organizations have given to today’s environments indicate that they must rely on intangible resources that were previously unattended. By asking whether the intellectual capital has an impact on business performance of travel agencies in Shiraz, we seek to prove the effect of intellectual capital components on the performance of these agencies.The required statistics and information were collected and analyzed on the basis of empirical research in Shiraz and using a sample size of 142. According to the findings of this study, there is a significant relationship between intellectual capital and business performance and its components, and all aspects of intellectual capital positively and significantly influence productivity, profitability and reputation of the companies. In fact, it can be said that being aware of the importance of intellectual capital will bring about productivity and a better performance, and on the contrary, not paying enough attention to this important issue will result in poor economic performance.
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Isa, Muzakar, and Della Ariska Deviana. "Analisis Pengaruh Intellectual Capital Terhadap Financial Performance dengan Competitive Advantage Sebagai Variabel Intervening." Benefit: Jurnal Manajemen dan Bisnis 3, no. 1 (December 31, 2018): 31. http://dx.doi.org/10.23917/benefit.v3i1.6653.
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Abstract : The purpose of this research are to analyze: (1) influence of intellectual capital to the competitive advantage; (2) influence of intellectual capital to the financial performance; (3) the mediating effect of competitive advantage in the relationship between intellectual capital and financial performance. The technique of the sample collection was purposive sampling and based on the determined criteria, so 21 companies which have met the criteria have been selected as samples. This research was casual comparative. The analysis used in this study includes classical assumption test, liniar regression analysis and path analysis. The result of this research show that: (1) Intellectual Capital has a significant and positive effect on Competitve Advantage; (2) Intellectual Capital significantly and positively influence on Financial Performance; (3) Competitive Advantage variabel is mediated Intellectual Capital to the Financial Performance. Keyword: Intellectual Capital, Financial Performance, Competitive AdvantageAbstraksi : Penelitian ini bertujuan untuk menganalisis: (1) pengaruh intellectual capital terhadap competitive advantage; (2) pengaruh intellectual capital terhadap financial performance; (3) pengaruh mediasi hubungan antara intellectual capital dan financial performance. Teknik pengambilan sampel adalah purposive sampling dan berdasarkan kriteria yang ditentukan, sehingga diperoleh 21 perusahaan yang memenuhi kriteria. Penelitian ini termasuk kausal komparatif. Analisis yang digunakan dalam penelitian ini meliputi uji asumsi klasik, analisis regresi linier dan analisis jalur. Hasil penelitian ini menunjukkan bahwa: (1) Intellectual Capital mempunyai pengaruh positif dan signifikan terhadap Competitive Advantage; (2) Intellectual Capital mempunyai pengaruh positif dan signifikan terhadap financial performance; (3) Competitive Advantage memediasi Intellectual Capital terhadap Financial Performance. Abstract
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Prasetyowati, Ayu Sri. "Pengaruh CG dan Risiko Bank terhadap Kinerja Intellectual Capital yang Dimediasi oleh Capital Structure." Jurnal Ilmiah Aset 23, no. 2 (September 29, 2021): 121–34. http://dx.doi.org/10.37470/1.23.2.182.
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This study aims to examine the effect of corporate governance and bank risk on intellectual capital performance by capital structure. Intellectual capital performance is very useful for the management, especially for managing his company. Intellectual capital performance is useful for management to make decisions about budget and investments. This research about intellectual capital performance is interesting to do because inconsistency of the results of previous research. This study use 135 banking companies. The banking companies used are listed on the Indonesia Stock Exchange for the period of 2017-2019. The method used to test the effect of each variable in this study is multiple regression linear. The results of this study prove that capital structure is able to mediate the effect of bank risk on intellectual capital performance. Capital structure can not mediate the effect of corporate governance on intellectual capital performance.
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Sucena, André, Florinda Matos, and António Nunes. "Intellectual Capital and Performance: A Case Study of Construction Companies." European Conference on Knowledge Management 23, no. 2 (August 25, 2022): 1165–74. http://dx.doi.org/10.34190/eckm.23.2.703.
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Intellectual Capital Management is a key element for a company's development and value creation in achieving sustainable competitive advantage. Since intellectual capital is unique in the marketplace, companies retaining and transferring internally generated knowledge can face the external environment with more agility. Due to the importance of civil construction in the Portuguese economy, this exploratory research uses a case study methodology applied to construction companies in Portugal. The findings of this research evidenced that intellectual capital management influences the performance of construction companies. By recognising the importance of intellectual capital management and how it influences the performance of companies, it is possible to trigger a set of investments in human capital that will become structural capital through the transfer of their competencies and, finally, relational capital. Therefore, higher performances are achieved without losing the knowledge acquired over the years. This research can help to understand the importance of investing in intellectual capital management competencies in civil construction companies to leverage their competitive strategic development.
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Vo, Duc Hong, and Ngoc Phu Tran. "Intellectual capital and bank performance in Vietnam." Managerial Finance 47, no. 8 (March 24, 2021): 1094–106. http://dx.doi.org/10.1108/mf-03-2020-0143.
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PurposeFor the past two decades, intellectual capital has played an increasingly important role in firm performance around the world. However, the importance of intellectual capital in Vietnam, and especially in the banking sector, has largely been ignored in the literature. This study is the first to examine the effect of intellectual capital on bank performance in Vietnam. In this paper, intellectual capital is decomposed into three components: (1) capital employed efficiency, (2) human capital efficiency and (3) structural capital efficiency.Design/methodology/approachThe paper uses an unbalanced panel dataset on 14 listed banks in Vietnam for the period 2009–2018 for which required data are available, with the generalized method of moments.FindingsThe findings indicate that intellectual capital contributes significantly and positively to bank performance in Vietnam. In addition, bank performance is driven primarily by capital employed efficiency. Although human capital efficiency appears to contribute positively to bank performance, the effect on bank performance appears to be marginal.Originality/valueThe literature review indicates that the effect of intellectual capital on bank performance is mixed. This effect can be positive or negative or even show a U-shaped relationship. The effects of intellectual capital on firm performance are not consistent, depending on factors such as the quantitative technique and sample used. As such, this paper extends analysis of Vietnam to cover the 10-year period from 2009 to 2018. The literature review reveals that the contribution of intellectual capital to bank performance has largely been ignored in the context of Vietnam. Studies have been conducted on the Gulf countries, such as Buallay et al. (2020). However, because the context in Vietnam differs from that of the Gulf countries, their experience might not be relevant to Vietnam. Vietnam is an emerging market in Southeast Asia, whereas Gulf countries have high income levels. So, it is necessary to examine direct evidence on Vietnam.
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Isola, Wakeel Atanda, Bosede Ngozi Adeleye, and Aminat Olayinka Olohunlana. "Boardroom female participation, intellectual capital efficiency and firm performance in developing countries." Journal of Economics, Finance and Administrative Science 25, no. 50 (April 13, 2020): 413–24. http://dx.doi.org/10.1108/jefas-03-2019-0034.
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Purpose This paper aims to focus on the implications of female participation in the board on the management of intellectual capital for improved firm performance, particularly in the Nigerian-banking sector. It uses the resource dependency theory to ascertain the link between female board participation, intellectual capital and performances. Design/methodology/approach The paper adopted longitudinal panel analysis to analyze data obtained from the annual reports of selected listed commercial banks in Nigeria. The random effect regression was adopted as the method of analysis. The decision was informed by conducting the Hausman test. Findings The results revealed that female board participation has insignificant influence on bank performances, whereas intellectual capital efficiencies positively contribute to bank performances. However, significant influences were exhibited upon the interactions of female board participation and components of intellectual capital efficiency on bank performances. Research limitations/implications Because of the focus of the research work, which is centered on the banking sector of the Nigerian economy, the findings of the research may not be sufficiently suitable for other sectors of the country. This, however, leaves the coast for other researchers to extend research on intellectual capital and gender participation to other non-financial sectors and other countries. Practical implications The outcome implies that there is a need for increased female participation in the boardroom to harness optimal intellectual capital efficiencies for firm performance. It further confirmed that intellectual capital unlocks the hidden treasure of firms. Originality/value The paper identifies and fulfills a niche on the need to extend the frontier of knowledge on intellectual capital and gender equity.
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Cenciarelli, Velia Gabriella, Giulio Greco, and Marco Allegrini. "Does intellectual capital help predict bankruptcy?" Journal of Intellectual Capital 19, no. 2 (March 12, 2018): 321–37. http://dx.doi.org/10.1108/jic-03-2017-0047.
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Purpose The purpose of this paper is to explore whether intellectual capital affects the probability that a particular firm will default. The authors also test whether including intellectual capital performance in bankruptcy prediction models improves their predictive ability. Design/methodology/approach Using a sample of US public companies from the period stretching from 1985 to 2015, the authors test whether intellectual capital performance reduces the probability of bankruptcy. The authors use the VAIC as an aggregate measure of corporate intellectual capital performance. Findings The findings show that the intellectual capital performance is negatively associated with the probability of default. The findings also indicate that the bankruptcy prediction models that include intellectual capital have a superior predictive ability over the standard models. Research limitations/implications This paper contributes to prior research on intellectual capital and firm performance. To the best of the knowledge, this is the first study to show that the benefits of intellectual capital extend from superior performance to long-term financial stability. The research can also contribute to bankruptcy studies. By using a time frame covering decades, the findings suggest that intellectual capital performance measures can be included in bankruptcy prediction models and can effectively complement traditional performance measures. Originality/value This paper highlights that intellectual capital is associated with long-term financial stability and a lower bankruptcy risk. Firms realising the potential of their intellectual capital can produce a virtuous circle between higher performance and greater financial stability.
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Kharal, Mina, Muhammad Abrar, Muhammad Zia-ur-Rehman, Muhammad Sarfraz Khan, and Maria Kharal. "Intellectual Capital & Firm Performance: An Empirical Study on the Oil & Gas Sector of Pakistan." International Journal of Accounting and Financial Reporting 4, no. 1 (June 1, 2014): 238. http://dx.doi.org/10.5296/ijafr.v4i1.5759.
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Knowledge has become power now a days and organization in the ever changing world now a day consider knowledge and intellect of tier employees as a competitive edge which enables such organizations to compete effectively in the marketplace. The literature in the domain of intellectual capital management has received considerable evidence as to whether the intellectual capital contributes towards the firm performance and value or not. This study extends the evidence in this regard by conducting research on Oil & Gas sector of Pakistan.Using VAIC model of intellectual capital measurement and ROA, ROE, EPS, Sales growth ad M/B ratio as proxies of internal and external performance of the company this study documents a positive impact of intellectual capital on the organizational performance and value in the Oil & Gas sector of Pakistan. Thus, intellectual capital could be considered an intangible asset and spending with regard to the development and establishment of intellectual capita should be considered asset with long term value. Recommendations and implications of the study are also provided in the end.