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IJSTR >> Volume 9 - Issue 4, April 2020 Edition

International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616

Intellectual Capital Efficiency And Corporate Market To Book Value Of Non-Financial Firms Listed In Amman Stock Exchange

[Full Text]



Areej Tayyem, Hamzah Al-Mawali



Human capital efficiency, Structural capital efficiency, Capital employed efficiency, Market to book value, empirical study, Jordan.



The primary objective of this empirical study is to examine the relationship between intellectual capital efficiency (ICE) and corporate market to book value. The study population covers all non-financial firms listed in the Amman stock exchange across the years (2013-2017), the sample covers all listed non-financial firms that disclosed required data which is related to the variables under study. The main results reveal significant relationship between each of human capital efficiency (HCE), structural capital efficiency (SCE), and capital employed efficiency (CEE) as elements of value added intellectual capital model (VAIC) and the corporate market to book value. The current study contribute to the literature in intellectual capital area in context of developing countries. Also, recommends that standards setters may expand the efforts to have better measurement and evaluation of the intangibles as it contributes majorly to the firm created market to book value.



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