THE IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE AND FIRM VALUE IN ISLAMIC COUNTRIES

dc.contributor.author Bılyay-Erdogan, Seda
dc.contributor.author Erdoğan, Seda
dc.contributor.author Nuhoglu, Nur Irem
dc.contributor.author Parlak, Deniz
dc.contributor.other International Trade and Finance
dc.date.accessioned 2023-10-19T14:55:53Z
dc.date.available 2023-10-19T14:55:53Z
dc.date.issued 2021
dc.department-temp Kadir Has Üniversitesi, Uluslararası Ticaret ve Finans Bölümü, Kayseri, Türkiye -- Boğaziçi Üniversitesi, İşletme Bölümü, İstanbul, Türkiye -- Doğuş Üniversitesi, İşletme Bölümü, İstanbul, Türkiye en_US
dc.description.abstract This study analyzes the effect of intellectual capital (IC) efficiency on firm value and financial performance indicators for companies in Islamic countries. Sample consists of 1,681 firms from eleven Islamic countries, covering eight years between 2010 and 2017. We use value-added intellectual capital (VAIC) methodology and run OLS regressions with panel data. Findings reveal that IC positively affects firm profitability and liquidity, and negatively affects leverage. Furthermore, both IC and the components of IC positively affect firm value. Lastly, Shariah-compliance has a positive impact on firm value, profitability and liquidity and a negative impact on leverage. This is the first study to analyze the effect of IC efficiency on firm value and on financial performance aspects for a very broad sample covering 11 Islamic countries at the same time. Last, this is the first study to investigate the effect of Shariah-compliance on value and financial performance attributes of firms in Islamic countries. en_US
dc.identifier.citationcount 0
dc.identifier.doi 10.31460/mbdd.830178
dc.identifier.endpage 555 en_US
dc.identifier.issn 1302-258X
dc.identifier.issn 2564-7164
dc.identifier.issue 3 en_US
dc.identifier.startpage 532 en_US
dc.identifier.trdizinid 1131256 en_US].
dc.identifier.trdizinid 1131256 en_US]
dc.identifier.uri https://doi.org/10.31460/mbdd.830178
dc.identifier.uri https://search.trdizin.gov.tr/yayin/detay/1131256
dc.identifier.uri https://hdl.handle.net/20.500.12469/4607
dc.identifier.volume 23 en_US
dc.language.iso en en_US
dc.relation.ispartof Muhasebe Bilim Dünyası Dergisi en_US
dc.relation.publicationcategory Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.title THE IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE AND FIRM VALUE IN ISLAMIC COUNTRIES en_US
dc.type Article en_US
dspace.entity.type Publication
relation.isAuthorOfPublication 59278f36-dd53-4500-b1a3-128f80d2838b
relation.isAuthorOfPublication.latestForDiscovery 59278f36-dd53-4500-b1a3-128f80d2838b
relation.isOrgUnitOfPublication 16202dfd-a149-4884-98fb-ada5f8c12918
relation.isOrgUnitOfPublication.latestForDiscovery 16202dfd-a149-4884-98fb-ada5f8c12918

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