Title: The impact of intellectual capital on financial performance in Vietnamese banking sector: quantile regression approach

Authors: Doan Thi Cam Thu; Phung Anh Thu

Addresses: Vietnam Aviation Academy, Ho Chi Minh City, Vietnam ' Ho Chi Minh University of Banking, Ho Chi Minh City, Vietnam

Abstract: This study examines the relationship between the effective use of intellectual capital and the financial performance of 29 Vietnamese commercial banks from 2009 to 2018. We use the value-added intellectual capital coefficient method to measure the efficiency of using the intellectual capital of banks. To estimate the research model, we use both linear regression analysis and the quantile regression method. The research results indicate that value-added intellectual capital has a positive relationship with the financial performance of Vietnamese commercial banks. The study also finds evidence that human capital efficiency and capital employed efficiency have a significant positive association with the financial performance of banks. Meanwhile, structural capital efficiency has a significant negative relationship with the financial performance of banks. Compared to human capital efficiency, capital employed efficiency is the component that has a stronger correlation with the financial performance of banks.

Keywords: commercial bank; intellectual capital; financial performance; quantile regression; value-added intellectual capital.

DOI: 10.1504/IJLIC.2025.146023

International Journal of Learning and Intellectual Capital, 2025 Vol.22 No.1, pp.96 - 120

Received: 01 Feb 2024
Accepted: 06 Dec 2024
Published online: 01 May 2025 *

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