Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia

This study analyses the association between intellectual capital (IC) and firm performance and the differential impact of IC on firm performance between firms with and without government ownership. Data on the top 200 companies listed on the Malaysian Stock Exchange from 2010 to 2015 are used to est...

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Main Authors:	Qian, Long Kweh, Irene, Wei Kiong Ting, Hanh, Le Thi My, Zhang, Cheng
Format:	Article
Language:	English
Published:	Inderscience Enterprises Ltd. 2019
Subjects:	HD Industries. Land use. Labor
Online Access:	http://umpir.ump.edu.my/id/eprint/25522/ http://umpir.ump.edu.my/id/eprint/25522/ http://umpir.ump.edu.my/id/eprint/25522/ http://umpir.ump.edu.my/id/eprint/25522/1/Intellectual%20capital%2C%20governmental%20presence%2C%20and%20firm%20performance.pdf

id	ump-25522
recordtype	eprints
spelling	ump-255222019-07-26T08:27:53Z http://umpir.ump.edu.my/id/eprint/25522/ Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia Qian, Long Kweh Irene, Wei Kiong Ting Hanh, Le Thi My Zhang, Cheng HD Industries. Land use. Labor This study analyses the association between intellectual capital (IC) and firm performance and the differential impact of IC on firm performance between firms with and without government ownership. Data on the top 200 companies listed on the Malaysian Stock Exchange from 2010 to 2015 are used to estimate the value added intellectual coefficient (VAIC™) model. The ordinary least squares results indicate that firms with and without government ownership differ in firm performance and IC. Capital employed efficiency (CEE), human capital efficiency (HCE), and total IC have significantly positive impacts on firm performance. However, the significantly positive impacts of CEE and HCE on firm performance are only found in firms without government ownership. The significantly negative effect of government presence is confirmed in the pooled data analysis, whereby only CEE is significantly related to firm performance for firms with government ownership. Inderscience Enterprises Ltd. 2019 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/25522/1/Intellectual%20capital%2C%20governmental%20presence%2C%20and%20firm%20performance.pdf Qian, Long Kweh and Irene, Wei Kiong Ting and Hanh, Le Thi My and Zhang, Cheng (2019) Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia. International Journal of Learning and Intellectual Capital (IJLIC), 16 (2). pp. 193-211. ISSN 1479-4861 https://doi.org/10.1504/IJLIC.2019.098932 https://doi.org/10.1504/IJLIC.2019.098932
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	HD Industries. Land use. Labor
spellingShingle	HD Industries. Land use. Labor Qian, Long Kweh Irene, Wei Kiong Ting Hanh, Le Thi My Zhang, Cheng Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia
description	This study analyses the association between intellectual capital (IC) and firm performance and the differential impact of IC on firm performance between firms with and without government ownership. Data on the top 200 companies listed on the Malaysian Stock Exchange from 2010 to 2015 are used to estimate the value added intellectual coefficient (VAIC™) model. The ordinary least squares results indicate that firms with and without government ownership differ in firm performance and IC. Capital employed efficiency (CEE), human capital efficiency (HCE), and total IC have significantly positive impacts on firm performance. However, the significantly positive impacts of CEE and HCE on firm performance are only found in firms without government ownership. The significantly negative effect of government presence is confirmed in the pooled data analysis, whereby only CEE is significantly related to firm performance for firms with government ownership.
format	Article
author	Qian, Long Kweh Irene, Wei Kiong Ting Hanh, Le Thi My Zhang, Cheng
author_facet	Qian, Long Kweh Irene, Wei Kiong Ting Hanh, Le Thi My Zhang, Cheng
author_sort	Qian, Long Kweh
title	Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia
title_short	Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia
title_full	Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia
title_fullStr	Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia
title_full_unstemmed	Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia
title_sort	intellectual capital, governmental presence, and firm performance of publicly listed companies in malaysia
publisher	Inderscience Enterprises Ltd.
publishDate	2019
url	http://umpir.ump.edu.my/id/eprint/25522/ http://umpir.ump.edu.my/id/eprint/25522/ http://umpir.ump.edu.my/id/eprint/25522/ http://umpir.ump.edu.my/id/eprint/25522/1/Intellectual%20capital%2C%20governmental%20presence%2C%20and%20firm%20performance.pdf
first_indexed	2023-09-18T22:39:14Z
last_indexed	2023-09-18T22:39:14Z
_version_	1777416802843754496

Intellectual capital, governmental presence, and firm performance of publicly listed companies in Malaysia

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