Matches in SemOpenAlex for { <https://semopenalex.org/work/W3009367106> ?p ?o ?g. }
- W3009367106 endingPage "401" @default.
- W3009367106 startingPage "381" @default.
- W3009367106 abstract "Purpose The question of whether intellectual capital (IC) is beneficial to firm performance is debatable because of the diverse effects of IC and its components on firm performance. Building on the concept of pay–performance relation, this study aims to provide new insights into how changes in IC affect changes in firm performance. Design/methodology/approach Data envelopment analysis is employed to measure firm performance, and value-added intellectual coefficient (VAIC™) is selected to evaluate the IC and its components, namely human capital efficiency (HCE), structural capital efficiency (SCE), and capital employed efficiency (CEE). Ordinary least squares regression is applied to study the relationship between changes in IC and changes in firm performance using 6,408 firm-year observations of electronics companies listed in Taiwan from 2006 to 2017. Findings Empirical results suggest that IC efficiency and CEE significantly and negatively affect firm performance, thereby suggesting a contradictory common sense with the resource-based view on the beneficial effects of IC. However, changes in IC efficiency and HCE are significantly and positively related to changes in firm performance, including changes in firm efficiency and sales growth. Practical implications This study suggests that managers should continuously pay attention to adjusting their IC, especially human capital (HC) for better decisions that help grow firm performance. Moreover, investors can grasp how sensitive firm performance is to IC. Originality/value This study argues the relationship between IC and firm performance in the same vein as a pay-for-performance link, suggesting that future studies should account for increases or decreases in IC." @default.
- W3009367106 created "2020-03-13" @default.
- W3009367106 creator A5012337349 @default.
- W3009367106 creator A5053700965 @default.
- W3009367106 creator A5059803370 @default.
- W3009367106 creator A5087274960 @default.
- W3009367106 date "2020-03-06" @default.
- W3009367106 modified "2023-10-13" @default.
- W3009367106 title "Interpreting the dynamic performance effect of intellectual capital through a value-added-based perspective" @default.
- W3009367106 cites W1491991753 @default.
- W3009367106 cites W1591336977 @default.
- W3009367106 cites W1594891279 @default.
- W3009367106 cites W1969477451 @default.
- W3009367106 cites W1978761236 @default.
- W3009367106 cites W1985919689 @default.
- W3009367106 cites W1986362177 @default.
- W3009367106 cites W1987439578 @default.
- W3009367106 cites W1991736429 @default.
- W3009367106 cites W1995454537 @default.
- W3009367106 cites W1999088019 @default.
- W3009367106 cites W1999493438 @default.
- W3009367106 cites W2001069617 @default.
- W3009367106 cites W2002652373 @default.
- W3009367106 cites W2003557013 @default.
- W3009367106 cites W2008531486 @default.
- W3009367106 cites W2014842436 @default.
- W3009367106 cites W2017450538 @default.
- W3009367106 cites W2021257983 @default.
- W3009367106 cites W2025169019 @default.
- W3009367106 cites W2025476919 @default.
- W3009367106 cites W2028609384 @default.
- W3009367106 cites W2030839017 @default.
- W3009367106 cites W2031963190 @default.
- W3009367106 cites W2037579429 @default.
- W3009367106 cites W2039093723 @default.
- W3009367106 cites W2050753516 @default.
- W3009367106 cites W2057929971 @default.
- W3009367106 cites W2065730915 @default.
- W3009367106 cites W2071554452 @default.
- W3009367106 cites W2089170325 @default.
- W3009367106 cites W2091733218 @default.
- W3009367106 cites W2093764281 @default.
- W3009367106 cites W2094647114 @default.
- W3009367106 cites W2099020749 @default.
- W3009367106 cites W2117942482 @default.
- W3009367106 cites W2120260080 @default.
- W3009367106 cites W2123709218 @default.
- W3009367106 cites W2127812814 @default.
- W3009367106 cites W2129763896 @default.
- W3009367106 cites W2137266665 @default.
- W3009367106 cites W2140956556 @default.
- W3009367106 cites W2167235252 @default.
- W3009367106 cites W2169520690 @default.
- W3009367106 cites W2184592600 @default.
- W3009367106 cites W2247095457 @default.
- W3009367106 cites W2338803370 @default.
- W3009367106 cites W2344183466 @default.
- W3009367106 cites W2406290834 @default.
- W3009367106 cites W2507386735 @default.
- W3009367106 cites W2509004246 @default.
- W3009367106 cites W2516060241 @default.
- W3009367106 cites W2554342282 @default.
- W3009367106 cites W2561273948 @default.
- W3009367106 cites W2563593562 @default.
- W3009367106 cites W2588077460 @default.
- W3009367106 cites W2601736117 @default.
- W3009367106 cites W2602977328 @default.
- W3009367106 cites W2739263584 @default.
- W3009367106 cites W2786692039 @default.
- W3009367106 cites W2788641494 @default.
- W3009367106 cites W2789063361 @default.
- W3009367106 cites W2790505891 @default.
- W3009367106 cites W2795930932 @default.
- W3009367106 cites W2804419174 @default.
- W3009367106 cites W2809742891 @default.
- W3009367106 cites W2885712999 @default.
- W3009367106 cites W2899688379 @default.
- W3009367106 cites W3023653338 @default.
- W3009367106 cites W3081375568 @default.
- W3009367106 cites W3124536214 @default.
- W3009367106 cites W4229544653 @default.
- W3009367106 cites W4230807026 @default.
- W3009367106 cites W4232182780 @default.
- W3009367106 cites W966198696 @default.
- W3009367106 doi "https://doi.org/10.1108/jic-05-2019-0098" @default.
- W3009367106 hasPublicationYear "2020" @default.
- W3009367106 type Work @default.
- W3009367106 sameAs 3009367106 @default.
- W3009367106 citedByCount "32" @default.
- W3009367106 countsByYear W30093671062020 @default.
- W3009367106 countsByYear W30093671062021 @default.
- W3009367106 countsByYear W30093671062022 @default.
- W3009367106 countsByYear W30093671062023 @default.
- W3009367106 crossrefType "journal-article" @default.
- W3009367106 hasAuthorship W3009367106A5012337349 @default.
- W3009367106 hasAuthorship W3009367106A5053700965 @default.
- W3009367106 hasAuthorship W3009367106A5059803370 @default.
- W3009367106 hasAuthorship W3009367106A5087274960 @default.