By: |
Andreeva, Tatiana;
Garanina, Tatiana;
Koveyko, Anastasia |
Abstract: |
Intellectual capital and its elements (human, relational and structural
capital) are argued to be the key resources of value creation in contemporary
economies. However, little is known about emerging markets' context. This
study aims to explore the relationship between intellectual capital elements
and financial performance of Russian companies. The ample includes 92
companies representing different industries. The intellectual capital elements
and financial performance are measured in two different ways - with the help
of a top-management survey and proxies obtained from financial statements. The
results of the research show consistency: human and structural capitals are
positively related to financial performance indicators of Russian companies
while relational capital is not significant based on two different approaches
to measure the variables. (pp. 10-12) |
Keywords: |
intellectual capital, intellectual capital elements, evaluation, performance indicators, Russia, |
Date: |
2016 |
URL: |
http://d.repec.org/n?u=RePEc:sps:cpaper:8583&r=cis |