Intellectual Capital and Firm Performance in Vietnam: The Moderating Role of Corporate Social Responsibility

Tran, Ngoc Phu; Dinh, Co Thi Huyen; Hoang, Hien Thi Thu; Vo, Duc Hong

doi:10.3390/su141912763

Cited by 13 publications

(18 citation statements)

References 83 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Such activities fall within the scope of the knowledge management system. As noted by numerous authors [132][133][134][135][136][137][138], modern industrial production in the broadest sense, which also includes social and environmental issues, cannot exist without a sustainability management system. In accordance with the Directive of 16 December 2022 on corporate sustainability reporting (the so-called CSRD), all large entities and small and medium-sized stock-listed companies will have to provide information on environmental, social and human rights issues and corporate governance in their management report.…”

Section: Discussionmentioning

confidence: 99%

Strategic Patterns in the Concept of Sustainable Development of Manufacturing Processes in the Field of Knowledge Management in Companies Operating in the Metal Industry in Poland

Prusak,

Górska,

Skalik-Lubieniecka

2023

Sustainability

View full text Add to dashboard Cite

Sustainable development is an opportunity for modern enterprises to build unique market advantages, but it is always a kind of compromise between financial benefits and activities focused on environmental protection. It also requires companies to be able to acquire and process information, the sources of which are both internal and external, and to process it into effective knowledge. Quality management processes are an important element supporting knowledge management as a consequence of similar priorities. There are direct and indirect relationships between quality management, knowledge management and sustainable development. Related issues are an important element of modern research, but there are still some knowledge gaps that need to be filled. The authors, based on the literature analysis, concluded that there are no studies defining the relationship between quality management and knowledge management in the context of sustainable development relating to the Polish metal industry. Therefore, the objective of this study is to identify patterns of company activities in the area of knowledge management relating to the improvement of manufacturing processes in companies operating in the metal industry in Poland. At the same time, it was indicated which aspects of knowledge management are at the centre of management’s concerns. The study was carried out using a survey questionnaire, with 1930 questionnaires collected from employees in 50 companies selected for the study. The study carried out discovered that in the various areas of the Japanese knowledge management model, companies distribute the emphasis differently, which manifests itself in the procedures and ways of operating. At the same time, there are significant differences between large and medium-sized enterprises, indicating that the scale of operation influences the perception of the importance of individual elements of the knowledge management system in the context of sustainable development.

show abstract

Section: Discussionmentioning

confidence: 99%

Strategic Patterns in the Concept of Sustainable Development of Manufacturing Processes in the Field of Knowledge Management in Companies Operating in the Metal Industry in Poland

Prusak,

Górska,

Skalik-Lubieniecka

2023

Sustainability

View full text Add to dashboard Cite

show abstract

“…Among the various IC assessment tools, this study utilized the value-added intellectual coefficient (VAIC™) typology to measure the IC efficiency of selected ASEAN banks (Tran, Dinh, Hoang, & Vo, 2022;Nadeem et al, 2017). This typology, developed by Pulic (1998), is most commonly used to capture the IC efficiency of firms, together with the contributions of capital employed (tangible assets) toward value creation (Dalwai et al, 2021;Ousama et al, 2020;Firer & Williams, 2003).…”

Section: Research Methodology 31 Sample and Datamentioning

confidence: 99%

Dynamics of intellectual capital and financial performance in ASEAN banks

Ul Rehman,

Saltik,

Degirmen

et al. 2023

AGJSR

View full text Add to dashboard Cite

PurposeThe purpose of this study is to examine the dynamic relationship between intellectual capital (IC) and its components on financial performance of banks within the selected eight countries of Association of Southeast Asian Nations (ASEAN).Design/methodology/approachThe study utilizes the balanced panel data of 37 publicly listed banks from eight leading ASEAN economies for the period of 2017–2021. In this sense, the authors applied the Ante Pulic's typology, i.e. value-added intellectual coefficient (VAIC™) to evaluate the efficiency of intangible and tangible assets. While, investigating the dynamic nature of relationship, the authors employed the generalized system method of moments because of its power to account for the problem of endogeneity and heteroscedasticity.FindingsThe results of the study demonstrate that banks in ASEAN countries shed a varied degree of a spotlight on VAIC™ and its components to create value. The findings revealed that structural capital efficiency is significantly associated with earning per share (EPS), return on assets (ROA) and return on equity (ROE), compared to human capital efficiency (HCE) and capital employed efficiency of ASEAN banks. These results endorse the importance of resource- and knowledge-based views of organizations to leverage the financial performance of banks. However, contrary to theoretical expectations, this study found no positive relationship between HCE with ROA and ROE. Whereas, the relationship of VAIC™ is positive and significant with EPS and ROE but it remains statistically very marginal.Research limitations/implicationsThere are some inherent limitations in this study that could be opportunities for future research. The current study uses the VAIC™ typology, but future researchers can use the modified value-added intellectual coefficient (MVAIC) or triangulation approach to enhance the validity and reliability of the study. Additionally, future research can investigate the similarities and differences among countries in terms of their cultural backgrounds and regulatory frameworks regarding the disclosure of intangibles. Furthermore, future research can increase the length and sample size of the study to enhance its generalizability.Practical implicationsThe robust empirical findings extend the academic debate on IC by unveiling the dynamic nature of relationship between IC and financial performance in context of ASEAN banking sector. The findings provide plausible recommendations for policy makers (managers, regulators and stakeholders) to understand how to increase the IC efficiently, especially human capital as a source to evaluate the firms’ ability in determining value-added and financial performance. Further, findings of this study also suggest that how can policy makers get the benefit by investing more on structural capital as a valuable strategic source to guarantee the optimal performance returns.Originality/valuePrior studies on IC have been country- and firm-specific, utilizing cross-sectional research designs. However, this research contributes to the limited literature by investigating the dynamic nature of the relationship between IC and financial performance of banks in the context of ASEAN countries using micro-panel data.

show abstract

“…CSR menunjukkan partisipasi perusahaan terhadap kesejahteraan karyawan, pelanggan serta kepedulian terhadap lingkungan. Penerapan CSR bisa meningkatkan efisiensi operasional usaha dan keunggulan kompetitif dalam jangka panjang serta mempererat relasi dengan pemangku kepentingan (Andrei Nestian et al, 2022). Perusahaan menganggap CSR sebagai kontribusi sukarela kepada masyarakat dan lingkungan (Rossi et al, 2021).…”

Section: Pendahuluanunclassified

Peran GCG dalam Memoderasi Hubungan Modal Intelektual, CSR, dan Kinerja Perusahaan

Yopie,

Ilu

2023

E-Jurnal Akuntansi

View full text Add to dashboard Cite

The occurrence of economic integration and technological progress has caused globalization to make business competitiveness increasingly tight. The level of business competition depends on investment from investors who are able to influence increased company performance. The research was conducted to examine the influence of intellectual capital and CSR on company performance and analyze the impact moderated by GCG. Sample selection was carried out using a purposive sampling technique resulting in 33 companies with a data period of 4 years, totaling 129 data. Data testing was carried out using multiple linear analysis. The research results show that intellectual capital, CSR, and GCG do not affect company performance. GCG is able to strengthen the relationship between intellectual capital and company performance and strengthen the relationship between CSR and company performance. Keywords: Intellectual Capital; CSR; GCG; Company Performance

show abstract

Intellectual Capital and Firm Performance in Vietnam: The Moderating Role of Corporate Social Responsibility

Cited by 13 publications

References 83 publications

Strategic Patterns in the Concept of Sustainable Development of Manufacturing Processes in the Field of Knowledge Management in Companies Operating in the Metal Industry in Poland

Strategic Patterns in the Concept of Sustainable Development of Manufacturing Processes in the Field of Knowledge Management in Companies Operating in the Metal Industry in Poland

Dynamics of intellectual capital and financial performance in ASEAN banks

Peran GCG dalam Memoderasi Hubungan Modal Intelektual, CSR, dan Kinerja Perusahaan

Contact Info

Product

Resources

About