THE IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE AND FIRM VALUE IN ISLAMIC COUNTRIES

dc.contributor.authorErdoğan, Seda
dc.contributor.authorNuhoglu, Nur Irem
dc.contributor.authorParlak, Deniz
dc.date.accessioned2023-10-19T14:55:53Z
dc.date.available2023-10-19T14:55:53Z
dc.date.issued2021
dc.department-tempKadir Has Üniversitesi, Uluslararası Ticaret ve Finans Bölümü, Kayseri, Türkiye -- Boğaziçi Üniversitesi, İşletme Bölümü, İstanbul, Türkiye -- Doğuş Üniversitesi, İşletme Bölümü, İstanbul, Türkiyeen_US
dc.description.abstractThis study analyzes the effect of intellectual capital (IC) efficiency on firm value and financial performance indicators for companies in Islamic countries. Sample consists of 1,681 firms from eleven Islamic countries, covering eight years between 2010 and 2017. We use value-added intellectual capital (VAIC) methodology and run OLS regressions with panel data. Findings reveal that IC positively affects firm profitability and liquidity, and negatively affects leverage. Furthermore, both IC and the components of IC positively affect firm value. Lastly, Shariah-compliance has a positive impact on firm value, profitability and liquidity and a negative impact on leverage. This is the first study to analyze the effect of IC efficiency on firm value and on financial performance aspects for a very broad sample covering 11 Islamic countries at the same time. Last, this is the first study to investigate the effect of Shariah-compliance on value and financial performance attributes of firms in Islamic countries.en_US
dc.identifier.citation0
dc.identifier.doi10.31460/mbdd.830178
dc.identifier.endpage555en_US
dc.identifier.issn1302-258X
dc.identifier.issn2564-7164
dc.identifier.issue3en_US
dc.identifier.scopusqualityN/A
dc.identifier.startpage532en_US
dc.identifier.trdizinid1131256en_US]
dc.identifier.trdizinid1131256en_US].
dc.identifier.urihttps://doi.org/10.31460/mbdd.830178
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/1131256
dc.identifier.urihttps://hdl.handle.net/20.500.12469/4607
dc.identifier.volume23en_US
dc.identifier.wosqualityN/A
dc.language.isoenen_US
dc.relation.ispartofMuhasebe Bilim Dünyası Dergisien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleTHE IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE AND FIRM VALUE IN ISLAMIC COUNTRIESen_US
dc.typeArticleen_US
dspace.entity.typePublication
relation.isAuthorOfPublication59278f36-dd53-4500-b1a3-128f80d2838b
relation.isAuthorOfPublication.latestForDiscovery59278f36-dd53-4500-b1a3-128f80d2838b

Files

Original bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
4607.pdf
Size:
437.29 KB
Format:
Adobe Portable Document Format
Description:
Tam Metin / Full Text