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Subject : The study on Relationship among intellection capital and innovation capital with financial performance and firm value of companies listed in Tehran stock Exchange.
Thesis Advisor(s): Sheila Mohave Ph. D & Rahmatola Mohamadipor Ph. D
Consulting Advisor: Farshad Sabzalipor
By: Ehsan Besharati
In fact the traditional financial accounting is unable to evaluate the value of the companies, and just restricted to financial balance sheet and tangible properties.
The intellectual capital prepared a new complete model for evolution of the real value of the companies and institutions, and by using of this model we would be able to evaluate the future values of companies.
The main aim of this investigation is to evaluate the impel of intellectual capital and innovation capital on the financial performance and firm value of companies Listed in Tehran stock exchange.
In this study, the statically used method for analyzing the data, was the least aquaria method and the statistical sample of the study are include the existence accepted pharmaceutical companies and cement companies in Tehran stock exchange, and the time period of the study was from 1383 to 1388. the results of this investigation showed that there is no significant relationship between the intellectual capital and innovation capital, by respect to the value of the sample companies. While the relationship between the financial performance and intellectual capital is direct and significant, and the relationship between the financial performance and innovation capital is inverse and significant.
Key words: intellectual capital, innovation capital, financial performance, firm value, ROA, R&D
ISLAMIC AZAD UNIVERSITY
››M.A. ›› Thesis of : Accounting
The study on Relationship among intellection capital and innovation capital with financial performance and firm value of companies listed in Tehran stock Exchange.
1 -Chen et al
3 -Intellectual Capital
4 -Innovation Capital
5 -Financial Performance
6 -Firm Value
1- intellectual capital
2- Hansen, G. S. and B. Wernerfelt
1- Intellectual Capital
1- Good will
2- King Hang Chan
2- Dierick & cool
3- Structural capital
4- External capital
5- Goran Roos
6- Hannas & Lowendahl
7- Petty &Guthire
1- Dallimore & Lime
1- Chen et all
1- Petty & Goiter
1- Hannas & Lovendahel
1- Marr & Schiuma
2- Lim & Dalimor
1- Norton & Kaplan
2-Balanced scorecard by Kaplan and Norton
3- Internal Process
1- Economic value-added
1- Balanced scorecard
2- Kaplan & Norton
3- Intangible asset control
1- Skandia Navigator
1- Zhao, H., Tong, X., Wong, P.K. & Zhu, J
1-Blalock, G. & Gertler, P.
2- Lukach, R., Kortand, P. M. & Plasmans, J
1- Penan, H
2- Brem, A. & Voigt, K
1- Ishii, K., Ashihara, K
1- Halbrook, J.A.D
2- Research & Development
3- Niosi, J
5- Niosi, J
6- National Innovation Systems
7- Carksson, B. & Jacobsson, S. & Holmen M. & Rickne, A
1- Innovation Survey
2- Nasierwski & Arcelus
3- Carlsson & et al
4- Liue & White
5-Liue, X., White, S.,
1- Porter & et al
2- National Innovation Capacity
3-Porter, M.E., Stern, S., Furman, J.L
4- Godiho & et al
1- Economic and Social Commission for Western Asia
2- Organization for Economic Co-operation and Development (OECD)
1- Amara & Landry
2- System of Innovation
1- Fundamental Innovation