Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)

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Relationships between Intellectual Capital and Enterprise Performance: Evidence from the Manufacturing Industry

Authors
Yuxin Wang1, *
1School of Management Huazhong University of Science and Technology, Wuhan, China
*Corresponding author. Email: u201916247@hust.edu.cn
Corresponding Author
Yuxin Wang
Available Online 29 December 2022.
DOI
10.2991/978-94-6463-042-8_39How to use a DOI?
Keywords
VAIC™; Intellectual capital; Enterprise performance; Manufacturing industry
Abstract

Intellectual capital has become an important issue in the knowledge economy. This paper investigates the relationship between intellectual capital (IC) and corporate financial performance in Chinese manufacturing industries. Using thevalue-added intellectual coefficient (VAIC™) approach, this paper assesses the intellectual capital efficiency of Chinese listed manufacturing firms using a three-year data set and conducts an in-depth analysis based on two separate aspects of human capital efficiency (HCE) and structural capital efficiency (SCE) decomposed by VAIC™. The empirical results show that the intellectual capital performance of Chinese manufacturing industries is significantly and positively related to the financial indicators of manufacturing firms, but the relationship between these components and the financial indicators of enterprises changes after decomposing VAIC™ into its components. Meanwhile, the contribution of intellectual capital to firm performance differs in labor-intensive and knowledgeintensive manufacturing industries.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
Series
Advances in Computer Science Research
Publication Date
29 December 2022
ISBN
978-94-6463-042-8
ISSN
2352-538X
DOI
10.2991/978-94-6463-042-8_39How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yuxin Wang
PY  - 2022
DA  - 2022/12/29
TI  - Relationships between Intellectual Capital and Enterprise Performance: Evidence from the Manufacturing Industry
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 262
EP  - 269
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_39
DO  - 10.2991/978-94-6463-042-8_39
ID  - Wang2022
ER  -