سنجش ارتباط بين سرمايه فكري با متغيرهاي نوين سنجش عملكرد مبتني بر ارزش آفريني

Evaluation the relation between intellectual capital and modern variables for performance measurement with creation value emphasis

With the emergence of knowledge-based economy and changes in the corporate nature of work, intellectual capital is an important foundation of a company to create value and return. According to importance of intellectual capital (IC), in this study we investigate the relation between IC and modern variables for performance measurement with creation value emphasis such as Economic Value Added (EVA), Market Value Added (MVA) and Shareholder Value Added (SVA). The first stage in the analysis involves calculation of IC with 6 methods, which have been examined in prior researches. In order to achieve the aim of this study the data related to IC, EVA, MVA and SVA are gathered from companies which have been listed in Tehran Stock Exchange through 1382-1386 by random sampling procedures. Regression and panel methods is used in order to test the hypothesis of this research. The results indicate a relation between MVA and IC but according to the different results of sixth model we canʹt achieve to a unique result about relation between EVA, SVA and IC. Moreover the lorth method that used in this research has highest R2, so itʹs the best model that we can use for calculation of IC.