Publication:
Intellectual capital and corporate financial performance: A comparative examination of some selected Malaysian and foreign companies
Intellectual capital and corporate financial performance: A comparative examination of some selected Malaysian and foreign companies
Date
2013-10
Authors
Hussen Bin Nasir
Journal Title
Journal ISSN
Volume Title
Publisher
Research Projects
Organizational Units
Journal Issue
Abstract
Intellectual Capital (IC) is recognized as a key strategic asset for organizational
performance in the competitive organizations. In this study, the performance of
those companies will be measured and compared using both the intellectual
capital and corporate financial performance between intellectual capital (IC) and
some financial ratios of selected Malaysian and foreign companies and to find out
whether there is any relationship between intellectual capital and some financial
performance such as Return on assets, Return on Equity and Earning per share in
the first place and which ratio has the more significance relationship to
intellectual capital in the second place. Pulic’s Value Added Intellectual
Coefficient (VAIC) model is utilized as efficiency measure indicator, Human
Capital Efficiency (HCE), Capital Employed Efficiency (CEE) and VAICTM. The
regressions model explores the relationships between intellectual capital and its
contribution to the financial performance of firms in both current and future
years. The results reveal that intellectual capital has got a considerable influence
on some financial ratios of the selected Malaysia and foreign companies.
Description
Keywords
Intellectual capital,
Performance measure,
VAIC