Intellectual capital on listed agricultural firms' performance in Malaysia

Siew-Peng Lee and Mohammed Shaiban

International Journal of Learning and Intellectual Capital, 2014, vol. 11, issue 3, 202-221

Abstract: This study investigates the intellectual capital on agricultural firms' performance listed on the Malaysian Stock Exchange during 2003-2009. It is also our intent to explore whether firm size and corporate governance characteristics, in the form of control variables, influences a firm's performance. Pulic's value added intellectual coefficient (VAIC) methodology is used as the efficiency measure of intellectual capital, and panel regressions are used to examine the relationship between intellectual capital and a firm's performance. Panel regressions' results showed that a firm's intellectual capital has a positive impact on financial and productivity performances. However, the association between intellectual capital and economic performance is insignificant. The results also indicate that the capital employed and structural capitals are major determinants of financial and productivity performances. Board features, however, fail to show a consistency between themselves and firm's performance across any of the three measurements included in the current study.

Keywords: intellectual capital; value added intellectual coefficient; VAIC; corporate governance; financial performance; Malaysia; agricultural firms; agriculture; firm performance; productivity. (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=63891 (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:ijlica:v:11:y:2014:i:3:p:202-221

Access Statistics for this article

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