The relationship between intellectual capital, adjusted economic value added and stock liquidity
Despite numerous studies on intellectual capital, the indirect effect through economic value adjustment on stock liquidity has not been considered. This research is trying to fill this gap. The aim of this study was to determine the relationship between intellectual capital indirectly through mediat...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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University of Tehran
2016-01-01
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| Series: | بررسیهای حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_56251_3de2d37c5ca24cc4689683f1d96504e8.pdf |
| _version_ | 1811287068944367616 |
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| author | Mohammad Reza Nikbakht Ghorban Eskandari |
| author_facet | Mohammad Reza Nikbakht Ghorban Eskandari |
| author_sort | Mohammad Reza Nikbakht |
| collection | DOAJ |
| description | Despite numerous studies on intellectual capital, the indirect effect through economic value adjustment on stock liquidity has not been considered. This research is trying to fill this gap. The aim of this study was to determine the relationship between intellectual capital indirectly through mediator (EVA modified) liquidity of the stock. The statistical population included the companies listed on Tehran Stock Exchange over the period of 2003 to 2013. The results show that intellectual capital significantly affects adjusted economic value added. The indirect effect of structural funds and communication through Adjusted Economic Value Added on the liquidity of the stock is positive and significant. But human capital is not transferred to liquidity through justified economic value-added justified but it directly affects stock liquidity. |
| first_indexed | 2024-04-13T03:11:21Z |
| format | Article |
| id | doaj.art-8d027dbbb73142d4a79d984c479762d9 |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-04-13T03:11:21Z |
| publishDate | 2016-01-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسیهای حسابداری و حسابرسی |
| spelling | doaj.art-8d027dbbb73142d4a79d984c479762d92022-12-22T03:05:03ZfasUniversity of Tehranبررسیهای حسابداری و حسابرسی2645-80202645-80392016-01-0122454156010.22059/acctgrev.2016.5625156251The relationship between intellectual capital, adjusted economic value added and stock liquidityMohammad Reza Nikbakht0Ghorban Eskandari1Associate Professor, Faculty of Management, University of Tehran, Tehran, IranPhD Student, Faculty of Management, University of Tehran, Tehran, IranDespite numerous studies on intellectual capital, the indirect effect through economic value adjustment on stock liquidity has not been considered. This research is trying to fill this gap. The aim of this study was to determine the relationship between intellectual capital indirectly through mediator (EVA modified) liquidity of the stock. The statistical population included the companies listed on Tehran Stock Exchange over the period of 2003 to 2013. The results show that intellectual capital significantly affects adjusted economic value added. The indirect effect of structural funds and communication through Adjusted Economic Value Added on the liquidity of the stock is positive and significant. But human capital is not transferred to liquidity through justified economic value-added justified but it directly affects stock liquidity.https://acctgrev.ut.ac.ir/article_56251_3de2d37c5ca24cc4689683f1d96504e8.pdfeconomic value adjustedIntellectual CapitalPerformance Evaluationstock liquidity |
| spellingShingle | Mohammad Reza Nikbakht Ghorban Eskandari The relationship between intellectual capital, adjusted economic value added and stock liquidity بررسیهای حسابداری و حسابرسی economic value adjusted Intellectual Capital Performance Evaluation stock liquidity |
| title | The relationship between intellectual capital, adjusted economic value added and stock liquidity |
| title_full | The relationship between intellectual capital, adjusted economic value added and stock liquidity |
| title_fullStr | The relationship between intellectual capital, adjusted economic value added and stock liquidity |
| title_full_unstemmed | The relationship between intellectual capital, adjusted economic value added and stock liquidity |
| title_short | The relationship between intellectual capital, adjusted economic value added and stock liquidity |
| title_sort | relationship between intellectual capital adjusted economic value added and stock liquidity |
| topic | economic value adjusted Intellectual Capital Performance Evaluation stock liquidity |
| url | https://acctgrev.ut.ac.ir/article_56251_3de2d37c5ca24cc4689683f1d96504e8.pdf |
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