The effect of intellectual capital on the performance of listed Iberian companies

被引:0
|
作者
Neves, Maria Elisabete [1 ,2 ]
Proenca, Catarina [1 ,3 ]
机构
[1] Polytech Coimbra, Coimbra Business Sch, Res Ctr, ISCAC, Coimbra, Portugal
[2] Univ Tras Os Montes & Alto Douro, CETRAD, Vila Real, Portugal
[3] Univ Coimbra, CeBER, Fac Econ, Coimbra, Portugal
关键词
Performance; Intellectual Capital; Portugal; Spain; GMM system; FIRM PERFORMANCE; FINANCIAL PERFORMANCE; PANEL-DATA;
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
This paper aims to study the effect of intellectual capital on the performance of 97 listed companies in the Iberian Peninsula from 2015 to 2019. To this end, the Generalized Method of Moments (GMM)-system proposed by [1] was employed. The results show that the listed companies performance is positively influenced by intellectual capital. However, managers and shareholders have different perspectives on the importance of human capital in companies. For managers, this has a positive effect on performance, but for shareholders it has a negative effect.
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页数:4
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