📚 Volume 30, Issue 5
📋 ID: zyBKC6z
Authors
Giuseppe Marino , Kwame Meyer
Department of Accounting, Faculty of Economics, Management and Social Sciences, Shiraz University, Eram Square, Shiraz, Iran
Abstract
ABSTRACT\nThe objective 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 industry of Tehran Stock Exchange for the period of 2006-2009. It also uses data envelopment analysis (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 (VAIC) 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. \nKeywords: intellectual capital, data envelopment analysis, profit efficiency and Tehran Stock Exchange.
📝 How to Cite
Giuseppe Marino , Kwame Meyer (2023). "Examining the IC impact on the Profit Efficiency in Automobile and Parts Industry of Tehran Stock Exchange". Wulfenia, 30(5).