Impact of Intellectual Capital and Organisational Culture on Financial Performance: Mediation by Knowledge Management in Higher Education Institutions in Libya

Purpose: Sustained volatility has worse affected, again, the already, noteworthy decline in the financial performance of Libya’s higher education system since the year 2011. Hence, the purpose of this paper is to develop a conceptual frame work that would help in understanding the factors that affects the financial position of Libyan university.Design/Methodology/Approach: The intended study will adopt a quantitative research approach and data collection tool for the study will be through a questionnaire survey. The participants of the sample will be the people occupying the positions of directors of the Office of Administrative and Financial Affairs, chiefs and senior managers of financial departments, accountants, auditors, and other officials engaged in financial administration. All the information collected from the survey shall be tested by structural equation modeling (SEM) in the AMOS program.Findings: This study significantly advances our understanding of how organizational culture, knowledge management, and intellectual capital impact the financial performance of higher education institutions in Libya. The findings provide actionable insights and tools for financial stakeholders, policymakers, and decision-makers to enhance financial performance within these institutions effectively.Implications/Originality/Value: This study aims to address the existing gaps in the present literature on organizational culture, knowledge management, intellectual capital, and their influence on financial performance in higher education. The study's results will have practical ramifications for financial professionals, regulators, and stakeholders, providing useful insights and methods to improve the financial performance of Libyan higher education institutions