Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach

Intellectual capital as an intangible asset produced within a company could be regarded as a strategic asset that enables the company to create competitive advantage and superior financial performance. Because of lack of reporting the intellectual capital items in financial statements, there exists...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Mehdi Heydari, Bahman Qaderi, Mehdi Kafami
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2015
Materias:	intellectual capital corporate governance agency costs structural equation modeling Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/3e35ae3d9ed24da4878e563f55f362a6
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:3e35ae3d9ed24da4878e563f55f362a6
record_format	dspace
spelling	oai:doaj.org-article:3e35ae3d9ed24da4878e563f55f362a62021-11-04T19:48:49ZExplanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach2008-89142476-292X10.22103/jak.2015.1412https://doaj.org/article/3e35ae3d9ed24da4878e563f55f362a62015-11-01T00:00:00Zhttps://jak.uk.ac.ir/article_1412_47b89ec5840320f212bb9a1d2bbede39.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XIntellectual capital as an intangible asset produced within a company could be regarded as a strategic asset that enables the company to create competitive advantage and superior financial performance. Because of lack of reporting the intellectual capital items in financial statements, there exists asymmetric information about the intellectual capital between company’s management and shareholders. This may raise agency costs. Since raise of corporate governance brings up alleviating agency costs, and then, intellectual capital related conflicts between company’s management and shareholders, in this study the relationship between corporate governance and intellectual capital was examined, regarding structural equation modeling approach in analyzing research data. Data was collected from 68 manufacturing companies listed in the Tehran Stock Exchange in the years 2006 to 2012. The results, after confidence of validation of the findings, showed that there is no significant relationship between corporate governance and intellectual capital.Mehdi HeydariBahman QaderiMehdi KafamiShahid Bahonar University of Kermanarticleintellectual capitalcorporate governanceagency costsstructural equation modelingAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 6, Iss 22, Pp 131-151 (2015)
institution	DOAJ
collection	DOAJ
language	FA
topic	intellectual capital corporate governance agency costs structural equation modeling Accounting. Bookkeeping HF5601-5689
spellingShingle	intellectual capital corporate governance agency costs structural equation modeling Accounting. Bookkeeping HF5601-5689 Mehdi Heydari Bahman Qaderi Mehdi Kafami Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach
description	Intellectual capital as an intangible asset produced within a company could be regarded as a strategic asset that enables the company to create competitive advantage and superior financial performance. Because of lack of reporting the intellectual capital items in financial statements, there exists asymmetric information about the intellectual capital between company’s management and shareholders. This may raise agency costs. Since raise of corporate governance brings up alleviating agency costs, and then, intellectual capital related conflicts between company’s management and shareholders, in this study the relationship between corporate governance and intellectual capital was examined, regarding structural equation modeling approach in analyzing research data. Data was collected from 68 manufacturing companies listed in the Tehran Stock Exchange in the years 2006 to 2012. The results, after confidence of validation of the findings, showed that there is no significant relationship between corporate governance and intellectual capital.
format	article
author	Mehdi Heydari Bahman Qaderi Mehdi Kafami
author_facet	Mehdi Heydari Bahman Qaderi Mehdi Kafami
author_sort	Mehdi Heydari
title	Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach
title_short	Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach
title_full	Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach
title_fullStr	Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach
title_full_unstemmed	Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach
title_sort	explanation of relationship between corporate governance and intellectual capital in agency theory perspective: a structural equation modeling approach
publisher	Shahid Bahonar University of Kerman
publishDate	2015
url	https://doaj.org/article/3e35ae3d9ed24da4878e563f55f362a6
work_keys_str_mv	AT mehdiheydari explanationofrelationshipbetweencorporategovernanceandintellectualcapitalinagencytheoryperspectiveastructuralequationmodelingapproach AT bahmanqaderi explanationofrelationshipbetweencorporategovernanceandintellectualcapitalinagencytheoryperspectiveastructuralequationmodelingapproach AT mehdikafami explanationofrelationshipbetweencorporategovernanceandintellectualcapitalinagencytheoryperspectiveastructuralequationmodelingapproach
_version_	1718444585525444609

Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach

Ejemplares similares