Using SEM to Verify the Impacts of Intellectual Capital Accumulation and Corporate Governance upon Corporate Values: A case of Taiwan-Listed Information and Electronics Companies

The purpose of this study is to verify and understand how the accumulation of Intellectual Capital (IC) and corporate governance affect the corporate value of Taiwan-listed information and electronics companies. While simple random sampling was used to yield knowledge from the population, the linear Structural Equation Modeling (SEM) was adopted to verify the goodness-of-fit among the overall model, structural model and measurement model. Findings from this study show that, firstly, IC accumulation has a positive and significant influence on the corporate value of Taiwan-listed information and electronics companies; secondly, satisfactory corporate governance has a significantly positive influence on the corporate value.