TITLE:
Intellectual Capital Efficiency and Corporate Performance in Jordanian Listed Companies
AUTHORS:
Samih M. A. Sowaity
KEYWORDS:
Intellectual Capital Efficiency, Corporate Performance, Profitability, Amman Stock Exchange ASE, VAIC
JOURNAL NAME:
Open Journal of Accounting,
Vol.11 No.3,
July
18,
2022
ABSTRACT: We examine whether intellectual capital efficiency (IC) shapes the corporate
performance of Jordanian listed firms over the period 2009-2018. We document a
positive impact of IC on corporate performance that
holds across different sectors. Considering the different IC components, we
find a positive relationship with corporate performance for both relational
capital efficiency (except for the real estate sector) and human capital efficiency
(except for the services sector), but find that the impact of structural
capital efficiency is mixed. Our evidence points to the fact that Jordanian
corporate management has not yet fully exploited the potential of intangible
assets.