Evaluation Affected intellectual capital on market value added(Economic &Market)

Subject Areas :

فرزین Rezaei ¹ , حسن Hemati ² , رامین Zamani ³

1 - استادیار گروه حسابداری دانشگاه آزاد اسلامی واحد قزوین
2 - استادیار گروه حسابداری مرکز آموزش عالی رجا
3 - کارشناس ارشد حسابداری واحد همدان

Received: 2015-11-04 Accepted : 2015-11-04 Published : 2010-10-23

Keywords: intellectual capitals-economic value added, market value added management by value,

Abstract :

In accounting researches,serious effort is focused on improving decision-making process.In knowledge-based economy,intellectual capital is the essential issue in order to achieve competitiveness since the competitive advantage is considered as an important issue in decision-making.Meanwhile,intellectual capitals and used to create and increase the firm value.The success of enterprise managers depends on deploying scarce resources effectively.Economic value added and market value added are two determinant factors for firm valua and performance.this research investigates the effect of intellectual capital on some companies key performance measures in Tehran stock Exchange market within 2003-2007.To test the hypotheses,after processing data by Excel amd SPSS software;pearson correlation coefficient and regression analysis were run.some companies were omitted systematically and finally 166 companies were considered,then by Cochran sampling,63 companies were selected as the final sample.the results indicate significant relationships between intellectual capital and economic,market value added.On the other hand,the increasing firm intellectual capital increases economic (market)value added.the effect of intellectual capital in firm market value added is more than their economic value added.