Journal of Finance and Accounting

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Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange

Received: 03 April 2017    Accepted: 27 April 2017    Published: 25 May 2017
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Abstract

The objecdetive of this research is to study the impact of intellectual capital (IC) and its components on profit efficiency as a comprehensive criterion of financial performance. this research utilizes Pulic model in order to measure the IC of 23 companies in automobile and parts manufacturing industry of Tehran stock exchange for the period of 2011-2014. It also uses DEA technique and truncated regression in order to calculate profit efficiency and examine its relationship with IC respectively. the results indicated that human capital efficiency (HCE), capital employed efficiency (CEE), and value added intellectual capital (VAICTM) affect significantly and positively performance (profit efficiency) but Structural capital efficiency (SCE) is not associated significantly with performance. Among IC components, the human capital has the most impact on performance. Therefore, it can be asserted that, in automobile and parts industry, IC is capable of having effective role in financial decisions.

DOI 10.11648/j.jfa.20170503.14
Published in Journal of Finance and Accounting (Volume 5, Issue 3, May 2017)
Page(s) 107-114
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Intellectual Capital, Data Envelopment Analysis (DEA), Profit Efficiency, Tehran Stock Exchange

References
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Author Information
  • Department of Accounting, Persian Gulf University, Bushehr, Iran

  • Department of Accounting, Payame Noor University, Bushehr, Iran

Cite This Article
  • APA Style

    Safdar Alipour, Majid Gorgizadeh. (2017). Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange. Journal of Finance and Accounting, 5(3), 107-114. https://doi.org/10.11648/j.jfa.20170503.14

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    ACS Style

    Safdar Alipour; Majid Gorgizadeh. Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange. J. Finance Account. 2017, 5(3), 107-114. doi: 10.11648/j.jfa.20170503.14

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    AMA Style

    Safdar Alipour, Majid Gorgizadeh. Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange. J Finance Account. 2017;5(3):107-114. doi: 10.11648/j.jfa.20170503.14

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  • @article{10.11648/j.jfa.20170503.14,
      author = {Safdar Alipour and Majid Gorgizadeh},
      title = {Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange},
      journal = {Journal of Finance and Accounting},
      volume = {5},
      number = {3},
      pages = {107-114},
      doi = {10.11648/j.jfa.20170503.14},
      url = {https://doi.org/10.11648/j.jfa.20170503.14},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.jfa.20170503.14},
      abstract = {The objecdetive of this research is to study the impact of intellectual capital (IC) and its components on profit efficiency as a comprehensive criterion of financial performance. this research utilizes Pulic model in order to measure the IC of 23 companies in automobile and parts manufacturing industry of Tehran stock exchange for the period of 2011-2014. It also uses DEA technique and truncated regression in order to calculate profit efficiency and examine its relationship with IC respectively. the results indicated that human capital efficiency (HCE), capital employed efficiency (CEE), and value added intellectual capital (VAICTM) affect significantly and positively performance (profit efficiency) but Structural capital efficiency (SCE) is not associated significantly with performance. Among IC components, the human capital has the most impact on performance. Therefore, it can be asserted that, in automobile and parts industry, IC is capable of having effective role in financial decisions.},
     year = {2017}
    }
    

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  • TY  - JOUR
    T1  - Examining the Intellectual Capital Impact on the Profit Efficiency in Automobile and Parts Manufacturing Industry of Tehran Stock Exchange
    AU  - Safdar Alipour
    AU  - Majid Gorgizadeh
    Y1  - 2017/05/25
    PY  - 2017
    N1  - https://doi.org/10.11648/j.jfa.20170503.14
    DO  - 10.11648/j.jfa.20170503.14
    T2  - Journal of Finance and Accounting
    JF  - Journal of Finance and Accounting
    JO  - Journal of Finance and Accounting
    SP  - 107
    EP  - 114
    PB  - Science Publishing Group
    SN  - 2330-7323
    UR  - https://doi.org/10.11648/j.jfa.20170503.14
    AB  - The objecdetive of this research is to study the impact of intellectual capital (IC) and its components on profit efficiency as a comprehensive criterion of financial performance. this research utilizes Pulic model in order to measure the IC of 23 companies in automobile and parts manufacturing industry of Tehran stock exchange for the period of 2011-2014. It also uses DEA technique and truncated regression in order to calculate profit efficiency and examine its relationship with IC respectively. the results indicated that human capital efficiency (HCE), capital employed efficiency (CEE), and value added intellectual capital (VAICTM) affect significantly and positively performance (profit efficiency) but Structural capital efficiency (SCE) is not associated significantly with performance. Among IC components, the human capital has the most impact on performance. Therefore, it can be asserted that, in automobile and parts industry, IC is capable of having effective role in financial decisions.
    VL  - 5
    IS  - 3
    ER  - 

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