Intellectual capital and financial performance nexus in Indian hospitality sector: a panel data analysis

Sushila Soriya and Pushpender Kadian

International Journal of Diplomacy and Economy, 2025, vol. 11, issue 1, 5-28

Abstract: The present study empirically examines the effects of Intellectual Capital (IC) components on business performance indicators of Indian hospitality sector. Further, it explores the role of interactions among IC components to enhanced corporate performance. The study adopted the Modified Value-Added Intellectual Coefficient (MVAIC) model to measure IC and multiple regressions models to analyse the panel data, using a sample of top 50 Indian hotels. The findings demonstrated that the most important and statistically significant variables are human capital efficiency, capital employed efficiency and interaction between human and structural capital efficiencies which positively influence the hotel's performance, measured through profitability and productivity indicators. The findings also reveal IC as strategic source of enhanced corporate performance. Thus, it may assist the management, stakeholders, policymakers and government in developing economies like India to enhance and utilise their IC sources effectively and efficiently, particularly in hospitality sector.

Keywords: intellectual capital; financial performance; interaction effects; hospitality sector; panel data analysis. (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=143992 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijdipe:v:11:y:2025:i:1:p:5-28

Access Statistics for this article

More articles in International Journal of Diplomacy and Economy from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().