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Mexico's industrial sector companies: A measurement of intellectual capital and its impact on financial performance

Author

Listed:
  • Eleazar Villegas González

    (Universidad Autónoma del Estado de Hidalgo, México)

  • Martín Aubert Hernández Calzada

    (Universidad Autónoma del Estado de Hidalgo, México)

  • Blanca Cecilia Salazar Hernández

    (Universidad Autónoma del Estado de Hidalgo, México)

Abstract

Currently knowledge is considered an essential resource to contribute to the creation and generation of competitive advantage in organizations. The human factor as an intangible resource of a company has become a main value generator, and even though both knowledge management and intellectual capital are intangibles that can be measured in the financial reports of companies, their position as main value generators is not reflected in financial information. In Mexico, industrial sector companies need to promote the creation of intellectual added value based on its own abilities, which reside on their intellectual capital. The value added intellectual coefficient (VAIC™), with its components, is a tool that contributes to achieving this goal, and helps to identify the positive impact on key factors such as financial profitability, market capitalization and level of share value.

Suggested Citation

  • Eleazar Villegas González & Martín Aubert Hernández Calzada & Blanca Cecilia Salazar Hernández, 2017. "Mexico's industrial sector companies: A measurement of intellectual capital and its impact on financial performance," Contaduría y Administración, Accounting and Management, vol. 62(1), pages 184-206, Enero-Mar.
    • Handle: RePEc:nax:conyad:v:62:y:2017:i:1:p:184-206
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    File URL: http://www.cya.unam.mx/index.php/cya/article/view/825
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Intellectual capital; Value added intellectual coefficient (VAIC™); Competitive advantage; Financial performance;
    All these keywords.

    JEL classification:

    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • L19 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Other
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

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