The Impact of Business Strategy and Corporate Governance on Intellectual Capital Disclosure in Selected Companies of Tehran Stock Exchange Using the panel data model
Subject Areas : Financial engineeringamirreza keyghobadi 1 , marjan damankeshideh 2
1 - Department of Accounting, Central Tehran Branch, Islamic Azad University, Tehran, Iran
2 - Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran.
Keywords: Corporate Governance, Business Strategy, Intellectual Capital Disclosure, Exchange Companies,
Abstract :
Today, because of the increasing competition in the global market, organizations need to change their product assets or create new products, business tactics and upgrades. The success of an organization in developing new products depends on the development of capabilities and relationships that are unique to the organization and secure in the medium to long term. On the other hand, a new product is a combination of its benefits, functions and characteristics from the customer's perspective (customer capital) and also requires the knowledge, skills, abilities and experiences of the employees (human capital) and the effective process and system for managing the flow of materials, Information and communication (structural capital).The purpose of this paper is to investigate the relationship between business strategy and intellectual capital disclosure with the influence of Tehran corporate governance. The statistical population of the present study was selected companies listed in Tehran Stock Exchange for the period 1391-1396 and model estimation using panel data model, the companies surveyed. The model estimation results show that business strategy and corporate governance on the disclosure of intellectual capital in the selected research firms in the 95% confidence interval is statistically significant.
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