IDEAS home Printed from https://ideas.repec.org/a/ids/ijlica/v17y2020i1p77-97.html
   My bibliography  Save this article

Intellectual capital and corporate financial performance in India's central public sector enterprises

Author

Listed:
  • Faizi Weqar
  • S.M. Imamul Haque

Abstract

The purpose of this paper is to empirically examine the effect of intellectual capital on the financial performance of the central public sector enterprises (CPSEs) operating in India and also to analyse the contribution made by each component of intellectual capital in the financial performance of the organisation. Secondary data were collected from the constituent companies of the S%P Bombay Stock Exchange (BSE) CPSE index from 2009 to 2018. VAICTM methodology developed by Professor Pulic has been employed for measuring the intellectual capital efficiency of the CPSEs. The results revealed that intellectual capital shows a weak relationship with profitability (ROA) and market valuation (MB), but it acts as a strong predictor of productivity (ATO). Also, the result shows that human capital is the most significant element among all the three components of intellectual capital, in enhancing the financial performance of the CPSEs.

Suggested Citation

  • Faizi Weqar & S.M. Imamul Haque, 2020. "Intellectual capital and corporate financial performance in India's central public sector enterprises," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 17(1), pages 77-97.
    • Handle: RePEc:ids:ijlica:v:17:y:2020:i:1:p:77-97
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=105323
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kateryna Boichenko & Mário Nuno Mata & Pedro Neves Mata & Jéssica Nunes Martins, 2021. "Impact of Financial Support on Textile Enterprises’ Development," JRFM, MDPI, vol. 14(3), pages 1-19, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijlica:v:17:y:2020:i:1:p:77-97. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=86 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.