Evaluation of intellectual capital quantitative models by financial performance variables

Subject Areas : Management Accounting

Mohammad Mahmoodi ¹ , kazem Haronkolaee ²

1 - نویسنده مسئول و طرف مکاتبه
2 - ندارد

Received: 2009-10-12 Accepted : 2010-01-05 Published : 2009-12-22

Keywords: Intellectual Capital, intellectual capital quantitat, Financial Performance, Knowledge,

Abstract :

Knowledge is a core of production and development. the power of production is based on knowledge and intellect . Hence, current accounting systems cannot being enabled to calculate and measure intelligence or knowledge of companies. If so is important and as a problematic subject in performance assessment of companies is known , the  Inability of  measurement and calculation caused to have no logical decision for investors . In this paper, we proposed four financial quantitative models of intellectual capital calculation and also we have examined correlation between financial models of intellectual capital and performance assessment factors such as net profit and cash flows in Tehran capital market and According to the result ,the second and third models to first and forth , and the first to forth have more correlation with financial performance variables and, so are more appropriate models for performance measurement and assessment in companies.