IDEAS home Printed from https://ideas.repec.org/a/ids/ijlica/v16y2019i2p193-211.html
   My bibliography  Save this article

Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia

Author

Listed:
  • Qian Long Kweh
  • Irene Wei Kiong Ting
  • Le Thi My Hanh
  • Cheng Zhang

Abstract

This study analyses the association between intellectual capital (IC) and firm performance and the differential impact of IC on firm performance between firms with and without government ownership. Data on the top 200 companies listed on the Malaysian Stock Exchange from 2010 to 2015 are used to estimate the value added intellectual coefficient (VAIC™) model. The ordinary least squares results indicate that firms with and without government ownership differ in firm performance and IC. Capital employed efficiency (CEE), human capital efficiency (HCE), and total IC have significantly positive impacts on firm performance. However, the significantly positive impacts of CEE and HCE on firm performance are only found in firms without government ownership. The significantly negative effect of government presence is confirmed in the pooled data analysis, whereby only CEE is significantly related to firm performance for firms with government ownership.

Suggested Citation

  • Qian Long Kweh & Irene Wei Kiong Ting & Le Thi My Hanh & Cheng Zhang, 2019. "Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 16(2), pages 193-211.
  • Handle: RePEc:ids:ijlica:v:16:y:2019:i:2:p:193-211
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=98932
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Prasojo Prasojo & Winwin Yadiati & Tettet Fitrijanti & Memed Sueb, 2022. "Cross-Region Comparison Intellectual Capital and Its Impact on Islamic Banks Performance," Economies, MDPI, vol. 10(3), pages 1-15, March.
    2. Ahmad Yuosef Alodat & Zalailah Salleh & Hafiza Aishah Hashim & Farizah Sulong, 2021. "Corporate governance and firm performance: empirical evidence from Jordan," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 20(5), pages 866-896, August.
    3. Norma Angélica Pedraza Melo & Bernardo De la Gala Velásquez, 2022. "The mediating role of structural capital in the relationship between human capital and performance in the public administrations of Mexico and Peru," Estudios Gerenciales, Universidad Icesi, vol. 38(164), pages 320-333, September.
    4. Ahmed Jinjiri Bala & Aminu Hassan & Muhammad Liman Muhammad, 2024. "Do board characteristics matter in the relationship between intellectual capital efficiency and firm value? Evidence from the Nigerian oil and gas downstream sector," Future Business Journal, Springer, vol. 10(1), pages 1-24, 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:ids:ijlica:v:16:y:2019:i:2:p:193-211. 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=86 .

    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.