文章基本信息

标题：A study on the effect of intellectual capital on firm performance: Evidence from Tehran Stock Exchange
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作者：Hosein Vazifehdoust ; Mahmoud Reza Khajenasir ; Hosein Karami 等
期刊名称：Management Science Letters
印刷版ISSN：1923-9335
电子版ISSN：1923-9343
出版年度：2014
卷号：4
期号：3
页码：559-566
DOI：10.5267/j.msl.2014.1.008
出版社：Growing Science
摘要：The aim of this paper is to analyze the effect of intellectual capital on firm performance. The proposed study uses two regression models to find out whether there is any meaningful relationship between intellectual capital and Tobin’s Q as well as earnings per share (EPS). To test the research hypothesis, a sample of 19 companies listed in Tehran Stock Exchange over the period 2010-2012 based on panel method is chosen. The study uses the method originally proposed by Pulic to measure intellectual capital. The results of the implementation of two regressions analysis indicate that there were not any meaningful relationships between these two components. Therefore, the results indicate that the intellectual capital has no effect on firm performance.
关键词：Intellectual capital; Firm performance; Tobin’s Q; Earnings Per Share (EPS)