Intellectual Capital and its Association with Financial Performance: A Study of Indian Textile Sector
This study analyses the relationship of intellectual capital with financial performance measures of Indian textile sector for a period of 10 years ranging from 2002 to 2012. For the study, corporate annual reports, especially the profit and loss accounts and balance sheets of the selected companies for the relevant years have been used from CMIE prowess database. Value Added Intellectual Coefficient (VAIC) method is applied for measuring the intellectual capital of the companies. For analyzing any existing relationship between variables, correlation and OLS regression is used in this study. It has been observed that intellectual capital in textile sector has significant positive relationship only with profitability of the companies. The empirical analysis found that physical capital (VACA) was the one which was seen to have major impact on the profitability of the firms over the period of study. Results indicate that Indian investors consider only financial disclosure of the companies regarding their investment decision. The study provides useful knowledge to the researchers and managers regarding intellectual capital disclosure and its relation with financial performance.
intellectual capital and its association with financial performance: a study of indian textile sector
this study analyses the relationship of intellectual capital with financial performance measures of indian textile sector for a period of 10 years ranging from 2002 to 2012. for the study, corporate annual reports, especially the profit and loss accounts and balance sheets of the selected companies for the relevant years have been used from cmie prowess database. value added intellectual coeffi...متن کامل
intellectual capital is most vital enabler of enterprises. managing intellectual capital effectively can greatly enhance the competitive advantages of any enterprises. this study focused on how the enterprises utilize intellectual capital, in order to strengthen the competitiveness of enterprises. this research established a novel assessment model to measure the performance of intellectual capi...متن کامل
The Impact of Components of Intellectual Capital and Value added Intellectual Coefficient on Banks’ Financial Performance
In the knowledge-based economy, intellectual capital is used to create value for organizations. Organizations seek to create, manage, expand and exploit optimal intellectual capital in terms of organizational value creation and business process improvement. Considering the competitiveness of the present age seems that banks must improve their performance to achieve their goals and perform th...متن کامل
Intellectual capital (IC) is organizational intangible asset which is frequently associated with performance. IC is commonly categorized into three core components: human capital, structural capital and relational capital. This study takes a step further in the evolution of the IC model for the hotel industry and divides relationship capital into two categories: End customer- relationship capit...متن کامل
PurposeNowadays despite the increasing importance of intangible assets, especially intellectual capital in the companies; the majority of the traditional accounting systems are unable to calculate the intellectual capital properly. The purpose of this study is to examine the relationship between intellectual capital and financial performance. Design/methodology/approach – The empirical data wer...متن کامل
The performance of intellectual capital Mobilising relationships between intellectual and financial capital in a bank
Purpose – This paper aims to analyse the relationship between intellectual capital and financial capital using a case study. This makes it possible to discuss how intellectual capital is related to value creation with a degree of nuance that is absent from most statistical studies of relationships between human, organisational, relational and financial capital. Design/methodology/approach – The...متن کامل
دوره 4 شماره 1
صفحات 43- 54
تاریخ انتشار 2014-01-01
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