The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE
A great change and shift from financial resources to knowledge is being experienced nowadays. Physical and financial assets are essential but not enough to reach organizational goals, instead, knowledge, technological settings, good customer relations, information systems,... those constitute organi...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2013-03-01
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| Series: | مطالعات تجربی حسابداری مالی |
| Subjects: | |
| Online Access: | https://qjma.atu.ac.ir/article_1106_6da5c991f67d3e7a9b8ae8c6211aa3fe.pdf |
| _version_ | 1827400642307555328 |
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| author | Gholamhossein Asadi Mariya Yokhneh Alghiaee |
| author_facet | Gholamhossein Asadi Mariya Yokhneh Alghiaee |
| author_sort | Gholamhossein Asadi |
| collection | DOAJ |
| description | A great change and shift from financial resources to knowledge is being experienced nowadays. Physical and financial assets are essential but not enough to reach organizational goals, instead, knowledge, technological settings, good customer relations, information systems,... those constitute organization’s Intellectual Capital, are known as key success factors in information era. It’s believed that intellectual capital, including human capital and structural capital, has important and growing role in firm’s performance and affects on it’s financial achievements. This paper examines the effect of intellectual capital and it’s components on firm’s financial performance. The essential data are taken from 1383 -1388 fiscal years’ annual reports of publicly traded firms listed on the Tehran stock exchange and 816 firm-years are studied. Results of hypotheses testing show that, VAIC has positive effect on the four financial performance indicators. Between VAIC components, capital employed efficiency has the most effect on firms’ financial performance. |
| first_indexed | 2024-03-08T20:06:19Z |
| format | Article |
| id | doaj.art-a6a7de0fff1b4cfa94c72888c43e5e2b |
| institution | Directory Open Access Journal |
| issn | 2821-0166 2538-2519 |
| language | fas |
| last_indexed | 2024-03-08T20:06:19Z |
| publishDate | 2013-03-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | مطالعات تجربی حسابداری مالی |
| spelling | doaj.art-a6a7de0fff1b4cfa94c72888c43e5e2b2023-12-23T10:35:35ZfasAllameh Tabataba'i University Pressمطالعات تجربی حسابداری مالی2821-01662538-25192013-03-011141831031106The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSEGholamhossein Asadi0Mariya Yokhneh Alghiaee1استادیار دانشگاه شهید بهشتیکارشناس ارشد حسابداری دانشگاه شهید بهشتیA great change and shift from financial resources to knowledge is being experienced nowadays. Physical and financial assets are essential but not enough to reach organizational goals, instead, knowledge, technological settings, good customer relations, information systems,... those constitute organization’s Intellectual Capital, are known as key success factors in information era. It’s believed that intellectual capital, including human capital and structural capital, has important and growing role in firm’s performance and affects on it’s financial achievements. This paper examines the effect of intellectual capital and it’s components on firm’s financial performance. The essential data are taken from 1383 -1388 fiscal years’ annual reports of publicly traded firms listed on the Tehran stock exchange and 816 firm-years are studied. Results of hypotheses testing show that, VAIC has positive effect on the four financial performance indicators. Between VAIC components, capital employed efficiency has the most effect on firms’ financial performance.https://qjma.atu.ac.ir/article_1106_6da5c991f67d3e7a9b8ae8c6211aa3fe.pdfintellectual capitalhuman capitalstructural capitalfinancial performancecapital employed performance |
| spellingShingle | Gholamhossein Asadi Mariya Yokhneh Alghiaee The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE مطالعات تجربی حسابداری مالی intellectual capital human capital structural capital financial performance capital employed performance |
| title | The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE |
| title_full | The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE |
| title_fullStr | The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE |
| title_full_unstemmed | The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE |
| title_short | The Impact of Intellectual Capital on Financial Performance of Companies Listed in TSE |
| title_sort | impact of intellectual capital on financial performance of companies listed in tse |
| topic | intellectual capital human capital structural capital financial performance capital employed performance |
| url | https://qjma.atu.ac.ir/article_1106_6da5c991f67d3e7a9b8ae8c6211aa3fe.pdf |
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