2014
DOI: 10.5267/j.msl.2014.3.014
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A study on the effects of intellectual capital efficiency on economic performance

Abstract: Intellectual capital plays essential role in corporate performance and this paper examines the impact of intellectual capital and its components on the ratio of corporate operating profit on sales as an indicator of economic performance. The study was accomplished among 1035 companies listed on Tehran Stock Exchange and by using the Pulic-2004 model over the period 2005-2012. The results indicate that intellectual value added coefficient, as an indicator of intellectual capital efficiency, preserves a positive… Show more

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Cited by 4 publications
(1 citation statement)
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“…Several studies analyse the relationship between components of intellectual capital and value creation using the VAIC TM method to evaluate the level of value creation efficiency of intellectual capital as indicated by human capital efficiency, structural capital efficiency, capital employed efficiency, and VAIC TM (Kujansivu & Lönnqvist, 2007;Muhammad & Ismail, 2009;Laing, Dunn & Hughes-Lucas, 2010;Zéghal & Maaloul, 2010;Chang & Hsieh, 2011;Rehman, Rehman, Rehman & Zahid, 2011;Paknezhad & Ahmadkhani, 2012;Shaban & Kavida, 2013;FitzPatrick, Davey, Muller & Davey, 2013;Sumedrea, 2013;Piri, Alghyani, Sadaghiani & Nejad, 2014;Bontis, Janoševic & Dženopoljac, 2015;Matinfard & Khavari, 2015;Svanadze & Kowalewska 2015;Maji & Goswami, 2016;Flores, García & Adame, 2017;Hasan, Mohammad & Alam, 2017;Shawtari, Saiti, Mohamad & Rashid, 2017;Kamath, 2017;Ozkan, Cakan & Kayacan, 2017;Pradana, Nidar & Aripin, 2018;Khairiyansyah & Vebtasvili, 2018;Yilmaz & Acar, 2018).…”
Section: Theorymentioning
confidence: 99%
“…Several studies analyse the relationship between components of intellectual capital and value creation using the VAIC TM method to evaluate the level of value creation efficiency of intellectual capital as indicated by human capital efficiency, structural capital efficiency, capital employed efficiency, and VAIC TM (Kujansivu & Lönnqvist, 2007;Muhammad & Ismail, 2009;Laing, Dunn & Hughes-Lucas, 2010;Zéghal & Maaloul, 2010;Chang & Hsieh, 2011;Rehman, Rehman, Rehman & Zahid, 2011;Paknezhad & Ahmadkhani, 2012;Shaban & Kavida, 2013;FitzPatrick, Davey, Muller & Davey, 2013;Sumedrea, 2013;Piri, Alghyani, Sadaghiani & Nejad, 2014;Bontis, Janoševic & Dženopoljac, 2015;Matinfard & Khavari, 2015;Svanadze & Kowalewska 2015;Maji & Goswami, 2016;Flores, García & Adame, 2017;Hasan, Mohammad & Alam, 2017;Shawtari, Saiti, Mohamad & Rashid, 2017;Kamath, 2017;Ozkan, Cakan & Kayacan, 2017;Pradana, Nidar & Aripin, 2018;Khairiyansyah & Vebtasvili, 2018;Yilmaz & Acar, 2018).…”
Section: Theorymentioning
confidence: 99%