IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v4y2014i10p1409-1419id1267.html
   My bibliography  Save this article

The Impact of Intellectual Capital on Return of Fixed Assets and Firms Total Assets Return Which Listed On the Tehran Stock Exchange

Author

Listed:
  • Ali Aliyani Nezhad
  • Oktay Yamrali
  • Mohammad Reza Aboujafari

Abstract

Nowadays, there are a lot of differences in value of commercial corporations. Existing capitals other than physical capitals in balance sheet is the most important reason that researchers of capital market have focused on it. In this paper, hypotheses were set by using of Pulic model and were presented in the form of regression. The study was carried out in a five-year period, between the years 2008 to 2012, and data have been collected from audited financial statements of Tehran Stock Exchange. Regarding the subject of this study and limitations of information just 41 firms were chosen. The results of this research show that intellectual capital has impact on return of a firm’s total asset (financial performance) meanwhile it doesn’t have any effect on fixed asset’s return. The findings of this research are important because it claims that firm’s value doesn’t consist of just tangible assets and according to science progress the role of intangible assets in increasing firm’s value becomes much more important than tangible assets.

Suggested Citation

  • Ali Aliyani Nezhad & Oktay Yamrali & Mohammad Reza Aboujafari, 2014. "The Impact of Intellectual Capital on Return of Fixed Assets and Firms Total Assets Return Which Listed On the Tehran Stock Exchange," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(10), pages 1409-1419.
    • Handle: RePEc:asi:aeafrj:v:4:y:2014:i:10:p:1409-1419:id:1267
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/1267/1800
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Indrawati Nur Khusniyah & Djazuli Atim & Salim Ubud, 2022. "The Mediation and Moderation Role of Knowledge Assets in Relationship Between Intellectual Capital Dimensions and Company Performances," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 13(2), pages 9-24, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:aeafrj:v:4:y:2014:i:10:p:1409-1419:id:1267. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.