Performance of intellectual capital during pre and post crisis: a study of S&P CNX 500 companies Online publication date: Mon, 30-Sep-2019
by Sushila Soriya
International Journal of Learning and Intellectual Capital (IJLIC), Vol. 16, No. 4, 2019
Abstract: The study is carried out to examine the relationship of intellectual capital components with market performance measured by Tobin's q, market to book value and earning per share in India. Research sample consists of listed companies under S&P CNX 500 Index. Time period has been divided into two major segments as pre and post crisis period. Results implied that CEE was not significantly associated with any of the market valuation performance in both pre and post crisis period. Human capital was negatively associated with the Tobin's q and MB although it is not explaining EPS of the firms. Advertisement and research and development was positively associated with Tobin's q and MB but not positively related with EPS. Increasing consciousness about intellectual capital is not replicated in the market performance of the companies. Present study tries to aware the academicians and managers about the association of intellectual capital and market performance of the companies.
Online publication date: Mon, 30-Sep-2019
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Learning and Intellectual Capital (IJLIC):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com