The impact of the intellectual capital efficiency on commercial banks performance: Evidence from the US

Antonio Meles, Claudio Porzio, Gabriele Sampagnaro and Vincenzo Verdoliva

Journal of Multinational Financial Management, 2016, vol. 36, issue C, 64-74

Abstract: Using a large sample of 5,749 commercial banks, covering over 40,000 observations over the time window 2005–2012, we find that efficiency in the use of intellectual capital (IC) positively affects the financial performance of US banks. In addition, the results show that human capital (HC) efficiency, a subcomponent of IC efficiency, has a larger impact on financial performance than other IC sub-components. These findings suggest that the development of effective techniques of knowledge management, enabling banks to accumulate the IC necessary to adapt to a constantly changing environment, represents an effective tool of achieving the goals of both bank managers and policymakers.

Keywords: Banks performance; Intellectual capital; Human capital; VAIC™ (search for similar items in EconPapers)
JEL-codes: E24 G21 O34 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1042444X16300160
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:mulfin:v:36:y:2016:i:c:p:64-74

DOI: 10.1016/j.mulfin.2016.04.003

Access Statistics for this article

Journal of Multinational Financial Management is currently edited by I. Mathur and G. G. Booth

More articles in Journal of Multinational Financial Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().