Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange
Intellectual capital is set of knowledge-based assets that belongs to an organization and will add value to key organizational stakeholders and this leads to a better competitive situation. The objective of this research is to investigate the relationship between intellectual capital and companies&#...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
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University of Tehran
2014-03-01
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| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_51847_6527ddbfb0496b8de4fa63836fb17c02.pdf |
| _version_ | 1818423225559810048 |
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| author | Mahmood Yahyazadehfar Hassanali Aghajani Fatemeh Yahyatabar |
| author_facet | Mahmood Yahyazadehfar Hassanali Aghajani Fatemeh Yahyatabar |
| author_sort | Mahmood Yahyazadehfar |
| collection | DOAJ |
| description | Intellectual capital is set of knowledge-based assets that belongs to an organization and will add value to key organizational stakeholders and this leads to a better competitive situation. The objective of this research is to investigate the relationship between intellectual capital and companies' performance in Iran during 1382-1387 using LISREL software. Earning per share, return on equity, net income to total assets ratio, return on investment and aggregate stock return are defined as the company’s performance criterion. The results showed that a direct relationship exists among stockholders equity, ordinary stocks returns and one kind of intellectual capital called customer capital. In addition, Return of Assets and Earning per Share have direct relationship with customer capital and also human capital. Furthermore, investment total return has a direct relationship with customer, human and structural capitals. |
| first_indexed | 2024-12-14T13:38:46Z |
| format | Article |
| id | doaj.art-1cba7f187e7f40659af46e69db26cf83 |
| institution | Directory Open Access Journal |
| issn | 1024-8153 2423-5377 |
| language | fas |
| last_indexed | 2024-12-14T13:38:46Z |
| publishDate | 2014-03-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | تحقیقات مالی |
| spelling | doaj.art-1cba7f187e7f40659af46e69db26cf832022-12-21T22:59:31ZfasUniversity of Tehranتحقیقات مالی1024-81532423-53772014-03-0116118119910.22059/jfr.2014.5184751847Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchangeMahmood Yahyazadehfar0Hassanali Aghajani1Fatemeh Yahyatabar2University of MazandaranUniversity of Mazandaranکارشناس ارشد مدیریت بازرگانی دانشگاه آزاد اسلامی بابلIntellectual capital is set of knowledge-based assets that belongs to an organization and will add value to key organizational stakeholders and this leads to a better competitive situation. The objective of this research is to investigate the relationship between intellectual capital and companies' performance in Iran during 1382-1387 using LISREL software. Earning per share, return on equity, net income to total assets ratio, return on investment and aggregate stock return are defined as the company’s performance criterion. The results showed that a direct relationship exists among stockholders equity, ordinary stocks returns and one kind of intellectual capital called customer capital. In addition, Return of Assets and Earning per Share have direct relationship with customer capital and also human capital. Furthermore, investment total return has a direct relationship with customer, human and structural capitals.https://jfr.ut.ac.ir/article_51847_6527ddbfb0496b8de4fa63836fb17c02.pdfintellectual capitalhuman capitalstructural capitalcompanies' performancecustomer capital |
| spellingShingle | Mahmood Yahyazadehfar Hassanali Aghajani Fatemeh Yahyatabar Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange تحقیقات مالی intellectual capital human capital structural capital companies' performance customer capital |
| title | Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange |
| title_full | Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange |
| title_fullStr | Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange |
| title_full_unstemmed | Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange |
| title_short | Investigation of the relationship between Intellectual Capital and companies' performance in Tehran stock exchange |
| title_sort | investigation of the relationship between intellectual capital and companies performance in tehran stock exchange |
| topic | intellectual capital human capital structural capital companies' performance customer capital |
| url | https://jfr.ut.ac.ir/article_51847_6527ddbfb0496b8de4fa63836fb17c02.pdf |
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