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Ranking Intellectual Capital Dimensions in terms of their Impact on the Performance of Tehran Stock Exchange Companies

Author Affiliations

  • 1Department of Accounting, Urmia University, Urmia, IRAN
  • 2 Department of Accounting, Science and Research Branch, Ardabil, IRAN

Res. J. Recent Sci., Volume 4, Issue (4), Pages 47-53, April,2 (2015)

Abstract

This paper is aimed at ranking intellectual capital dimensions in terms of their impact on the company performance. This paper is an applied research in terms of objective and an ex post facto research in terms of data collection. To achieve this objective, a sample comprised of 100 companies of Tehran Stock Exchange during 2007-2012 was used.To measure intellectual capital, Value Added Intellectual Coefficient formulated by Pulic was used. the results of testing the research hypotheses revealed that there is a positive significant relation between three dimensions of intellectual capital (relational capital, human capital, and structural capital) and three dimensions of financial performance (return on assets, return on equity, and ). Also relational capital has more effect on return on assets and return on equity compared to other dimensions of intellectual capital index. And human capital has more effect on annual service return in Tehran Stock Exchange companies compared to other dimensions of intellectual capital index.

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