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Value Added Intellectual Capital In It Companies In Poland - Case Study

Author

Listed:
  • Jan POLCYN

    (Stanislaw Staszic State University of Applied Sciences in Pila)

  • Viktoriia VOVK

    (Viktoriia VOVK State University of Applied Sciences in Pila)

Abstract

The purpose of this article is to measure VAIC for IT companies and to determine the relationship between VAIC and the stock market value of companies. The presented study adopted the following hypothesis: VAIC is related to a company's stock market value. The conducted analyses have confirmed the relationship between VAIC and the stock market value of IT companies. This association shows a correlation coefficient of approximately 0.63. Among the analysed variables that make up VAIC, a higher correlation was found between the stock market value of the company and HCE - the value of the correlation coefficient was around 0.67. This article is a first attempt to take a broader look at the issue of VAIC measurement in Polish companies. In future publications, the authors intend to increase the dataset to enable a more precise analysis of model 1 and to carry out the analysis according to the formulas for model 2-3 of VAIC measurement presented in this work.

Suggested Citation

  • Jan POLCYN & Viktoriia VOVK, 2023. "Value Added Intellectual Capital In It Companies In Poland - Case Study," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(25), pages 1-23.
    • Handle: RePEc:alu:journl:v:2:y:2023:i:25:p:23
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    References listed on IDEAS

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    1. Aleksandra Kuzior & Oleksii Lyulyov & Tetyana Pimonenko & Aleksy Kwilinski & Dariusz Krawczyk, 2021. "Post-Industrial Tourism as a Driver of Sustainable Development," Sustainability, MDPI, vol. 13(15), pages 1-14, July.
    2. Muhammad Nadeem & John Dumay & Maurizio Massaro, 2019. "If You Can Measure It, You Can Manage It: A Case of Intellectual Capital," Australian Accounting Review, CPA Australia, vol. 29(2), pages 395-407, June.
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    More about this item

    Keywords

    intellectual capital; human capital; VAIC; IT companies;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A19 - General Economics and Teaching - - General Economics - - - Other
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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