scholarly journals The Mediating Effect of Intellectual Capital Disclosure Between Firm Characteristics and Firm Value: Empirical Evidence From Indonesian Company With Non-recursive Model Analysis

2020 ◽  
Vol 11 (2) ◽  
pp. 14
Author(s):  
Toni Heryana ◽  
Sugeng Wahyudi ◽  
Wisnu Mawardi
Keyword(s):  
Firm Size ◽  
Intellectual Capital ◽  
Firm Value ◽  
Mediating Effect ◽  
Firm Characteristics ◽  
Recursive Model ◽  
Mediating Role ◽  
Recursive Models ◽  
Company Growth

Based on the signaling theory, this study seeks to explain the interaction of corporate value and the disclosure of intellectual capital in a framework of analysis of recursive models. Testing the recursive model also involves firm size and company growth as a characteristic of the company to clarify the mediating role of intellectual capital in mediating both of the firm's values. We find a positive relationship between firm size and growth on intellectual capital disclosure. The greater the size and growth of the company, the more it encourages companies to disclose intellectual capital in the company's annual report. Also, we find a non-recursive model between intellectual capital disclosure and firm value. This shows that the broader the disclosure of IC information by the company, the better the investor's perception of the company is reflected in the value of the company. Meanwhile, at different times the current condition of the company's value will encourage companies to disclose more complete IC information.

The mediating role of financial performance in the relationship between green innovation and firm value: evidence from ASEAN countries

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nur Asni ◽  
Dian Agustia
Keyword(s):  
Financial Performance ◽  
Firm Value ◽  
Mediating Effect ◽  
Manufacturing Companies ◽  
Green Innovation ◽  
Content Type ◽  
Mediating Role ◽  
Asean Countries ◽  
The Relationship

PurposeThe purpose of this paper is to investigate the mediating role of financial performance (FP) in modelling the relationship between green innovation (GI) and firm value (FV), using ASEAN countries as sample with panel analysis.Design/methodology/approachA panel data was collected from 374 publicly traded companies in six ASEAN countries, and was analysed using feasible general least squares (FGLS) to control heteroscedasticity and serial correlation.FindingsThe findings suggest that financial performance, namely return on assets (ROA) and return on equity (ROE), has a significant value in mediating the relationship between GI and FV. This illustrates that investors in the ASEAN region's capital market are more interested in the economic motivation for companies implementing GI. Other findings also provide evidence that ROA and ROE have positive and significant effects on FV. This indicates that the profitability resulting from a firm's ability to continuously innovate has a positive impact on the creation of value by manufacturing companies in the ASEAN region.Research limitations/implicationsThe number of observations is still relatively limited, from manufacturing companies listed on stock exchanges in the ASEAN countries. The total number of samples used in this study was 374 companies with 22.30% of the total population.Originality/valueThis study combines the different types of secondary data to provide panel evidence on the mediating effect of financial performance using ROA and ROE in the relationship between green innovation and firm value, using ASEAN countries as the sample.

Exploring the mediating role of intellectual capital and competitive advantage on the relation between CSR and financial performance in SMEs

2017 ◽  
Vol 13 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Priyanka Jain ◽  
Vishal Vyas ◽  
Ankur Roy
Keyword(s):  
Financial Performance ◽  
Competitive Advantage ◽  
Intellectual Capital ◽  
Geographical Area ◽  
Mediating Effect ◽  
Equation Modeling ◽  
Content Type ◽  
Mediating Role ◽  
The Relationship

Purpose The relationship between corporate social responsibility (CSR) and financial performance (FP) is a much-researched topic in academic arena. Recent studies disclosed that intellectual capital (IC) significantly impacts the success and survival of organizations. Moreover, theoretical assertions confirm that competitive advantage (CA) mediates the association between IC and FP. This has opened up new dimensions for the study. Therefore, this study aims to develop a theoretical model, first, to specify these relations and, second, to explore the mediating role of IC and CA on the relation between CSR and FP in the context of small- and medium-sized enterprises (SMEs). Design/methodology/approach Hypotheses are tested through a survey conducted on 384 SMEs in Rajasthan state. A structured questionnaire having 38 variables was used, and collected data are subjected to confirmatory factor analysis. Structural equation modeling was used to validate the measurement model and to test the mediating effect. Findings The findings indicate a weak positive relation between CSR and FP. The empirical data provide supportive evidence that IC has a profound impact on CSR and FP relationship. Specifically, it was noticed that the mediating role of CA on this relationship was not as reflective as described in the literature. Research limitations/implications The limitation of this study is that it is limited to one country, more specific to one geographical area of a country; therefore, findings of the study cannot be generalized in terms of its implications to other regions and countries. Originality/value Very few empirical studies have analyzed the mediating role of IC and CA on the relationship between CSR and FP. This study is expected to enable scholars and practitioners to have a more definite and direct understanding of the implication of IC and CA in association between CSR and FP.

scholarly journals PENGARUH KARAKTERISTIK PERUSAHAAN DAN CORPORATE GOVERNANCE TERHADAP INTELLECTUAL CAPITAL DISCLOSURE SERTA DAMPAKNYA TERHADAP NILAI PERUSAHAAN (Studi Empiris Pada Perusahaan Perbankan Yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2018)

2020 ◽  
Vol 14 (2) ◽  
Author(s):  
Riyani Morin ◽  
Linda Y. Hutadjulu ◽  
Aaron M. A Simanjuntak
Keyword(s):  
Corporate Governance ◽  
Firm Size ◽  
Intellectual Capital ◽  
Firm Value ◽  
Audit Committee ◽  
Board Independence ◽  
Firm Characteristics ◽  
Board Size ◽  
Independent Variable

This study aims to analyze the influence of firm characteristics and corporate governance on intellectual capital disclosure and its impact on firm value. This research was conducted again to review the inconsistency of the diversity of the results of previous studies. Firm characteristics are proxied with corporate governance as an independent variable in this study, intellectual capital disclosure is an intervening variable, and firm value as the dependent variable. The results of this study show that firm size has influence on the intellectual capital disclosure. Leverage, profitability, board independence, audit committee, board size do not have influence on intellectual capital disclosure. Intellectual capital disclosure does not have influence on firm value.

scholarly journals ON THE PATH TOWARDS OPEN INNOVATION: ASSESSING ROLE OF KNOWLEDGE ORIENTED LEADERSHIP WITH KNOWLEDGE CAPABILITIES

2021 ◽  
Vol 37 (02) ◽  
pp. 166-178
Author(s):  
Arslan Najeeb Khan ◽  
Abeera Matloob ◽  
Muhammad Shahid Tufail
Keyword(s):  
Intellectual Capital ◽  
Open Innovation ◽  
Manufacturing Sector ◽  
Mediating Effect ◽  
Related Field ◽  
Knowledge Process ◽  
Mediating Role ◽  
Knowledge Infrastructure ◽  
Moderating Role

This paper aims to examine the outcomes of the knowledge-oriented leadership on the organization’s open innovation through the mediating effect of the Knowledge Process Capability and Knowledge Infrastructure Capability and moderating role of Intellectual Capital. Data collection was done from the manufacturing sector through convenient sampling. The sample size was 105 respondents. The questionnaire was used and SEM is applied for the data analysis. The study concluded that there is a direct optimistic relation between KOL and OOI. Mediating role of KPC and KIC between KOL and OOI was found significant. Although the moderating results shows that by adding the intellectual capital as the moderator it increases the Organization’s KPC and KIC and in return organizations will become capable for increasing its open innovation’s targets. This study’s finding can be helpful for employers in adopting better open innovation’s trends with providing significant support for future investigation and research in related field.

scholarly journals Mediating Role of Social Capital and Firm Value Creation in Relationship Among Microcredit, Networking and MSME’s Performance in Pakistan

2020 ◽  
Vol V (I) ◽  
pp. 234-244
Author(s):  
Nida Habib ◽  
Zahid Awan
Keyword(s):  
Social Capital ◽  
Firm Value ◽  
Survey Design ◽  
Small And Medium Enterprises ◽  
Target Population ◽  
Mediating Effect ◽  
Sampled Data ◽  
Mediating Role ◽  
Medium Enterprises

The purpose of this paper is to investigate the effect of Microfinance Services and Networking relationship on Micro Small and Medium Enterprises Performance with the mediating role of Social capital. This study was a descriptive survey design. The target population was 584,572 MSMEs in the province, and owner-managers of MSMEs were the unit of analysis and were targeted for information because they are likely to be the decision-makers in these businesses and are actively involved in their day to day operations. 356 MSME owner-managers were sampled. Data were obtained through adapted construct and measured from a five-point Likert scale, and interview schedules were used to collect data from the field. Qualitative data analyzed by using Statistical Package for Social Sciences (SPSS). The study found that there was a positive effect on MSME performance by Microcredit and Networking with the mediating effect of Social capital.

Firm size, ownership, training duration and training evaluation practices

2015 ◽  
Vol 39 (5) ◽  
pp. 429-455 ◽  
Author(s):  
Muhammad Ali Asadullah ◽  
Jean Marie Peretti ◽  
Arain Ghulam Ali ◽  
Marina Bourgain
Keyword(s):  
Firm Size ◽  
Training Evaluation ◽  
Mediating Effect ◽  
Firm Characteristics ◽  
Cross Sectional ◽  
Content Type ◽  
Evaluation Practices ◽  
And Training ◽  
Different Levels

Purpose – The purpose of this paper was to test the mediating role of training duration in relationship between firm characteristics and training evaluation practices. In this paper, the authors also investigated if this mediating effect differs with respect to the size of the firm. Design/methodology/approach – The authors collected data from 260 professionals of 90 call centers. Findings – The authors found that training duration mediates the relationship between firm size and training evaluation. The authors also found that indirect effect of firm size on training evaluation through training duration differs across different levels of firm size but not across different levels of ownership. Research limitations/implications – This is a cross-sectional study that emphasized on training evaluation practices only. Practical implications – The study has implication for both evaluation researchers and practitioners in terms of designing training evaluation policies and practices. Originality/value – This is the first study in its nature that explains the intervening role of training duration in relationship of firm characteristics and training evaluation practices.

scholarly journals The Mediating Role of Intellectual Capital in Open Innovation in the Service Industries

2020 ◽  
Vol 12 (12) ◽  
pp. 5220 ◽  
Author(s):  
Chihcheng Lo ◽  
Chunhsien Wang ◽  
Yi-Chun Chen
Keyword(s):  
Intellectual Capital ◽  
Open Innovation ◽  
Search Strategies ◽  
Service Industries ◽  
Innovation Performance ◽  
Mediating Effect ◽  
Mediating Role ◽  
Service Companies ◽  
The Impact

The paper intends to examine the mediating role of intellectual capital in the relation between the openness of service companies’ search strategies and thr innovation performance. It models the relationship between external search strategies of open innovation and proposes how intellectual capital matters for openness strategies in the service industries. Moreover, the paper intends to expand the field of open innovation through exploring the mediating effect of intellectual capital. This paper fulfills an identified need to study how intellectual capital can be enabled in the open innovation of the service industries. Both Hierarchical Multiple Regression and the Structural Equation Model were employed to test the innovation model by the panel data of the second Taiwan Innovation Survey including 948 service firms. Empirical insights enable us to have a better understanding in terms of how service companies learn from external knowledge sources. This paper suggests that the impact of openness strategies on innovation performance becomes indirect through the partial mediator of intellectual capital so that innovation performance in service industry benefits from simultaneously incorporating intellectual capital with the efficient openness strategies. Finally, the paper includes implications for more insights into how service companies improve their innovative activities with external searching strategies and practices in terms of intellectual capital.

CEO ethical leadership and corporate social responsibility: Examining the mediating role of organizational ethical culture and intellectual capital

2019 ◽  
pp. 1-21 ◽  
Author(s):  
Irfan Ullah ◽  
Raja Mazhar Hameed ◽  
Nida Zahid Kayani ◽  
Yasir Fazal
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Intellectual Capital ◽  
Ethical Leadership ◽  
Mediating Effect ◽  
Ethical Culture ◽  
Mediating Role ◽  
Organizational Ethical Culture ◽  
Corporate Social

AbstractRecent studies have increasingly suggested leadership as a major antecedent to corporate social responsibility (CSR), empirical studies, which investigated the influence of various leadership aspects such as style and ethics on CSR and unraveled the mechanism through which leadership exerts its impact on CSR were restricted. Thus, the purpose of this research was to study the relationship between CEO ethical leadership and CSR by focusing on the mediating role of ethical culture and the intellectual capital facets (human capital and social capital) of the organization. Data for current research were collected through personally administered questionnaire through survey. Based on a sample of 250 respondents, the current study instituted that CEO ethical leadership positively affected CSR. Intellectual capital facets (human and social) and organizational ethical culture were observed to have a mediating effect on CEO ethical leadership and CSR relationship. Practical implications of the results are also given in the current study. Moreover, study limitations and directions for future study have also been presented.

scholarly journals Role Of Debt Level In Mediating Effect Between Firm Size On Firm Value(Empirical Study Of Companies Listed On LQ 45 Indonesia Stock Exchange)

2021 ◽  
Vol 58 (1) ◽  
pp. 215-220
Author(s):  
Elwisam Et al.
Keyword(s):  
Empirical Study ◽  
Firm Size ◽  
Structural Equation Modelling ◽  
Firm Value ◽  
Structural Equation ◽  
Stock Exchange ◽  
Mediating Effect ◽  
Company Size ◽  
Equation Modelling

The purpose ofstudy is to analyze howinfluence of firm size on firm value withlevel of debt as a mediating variable.sample consisted of 26 companies listed on LQ45 index 2014-2016.study uses Structural Equation Modelling (SEM) withhelp of AMOS 21 software.results showed: (1) firm size had a negative and significant effect on firm value; and (2)level of debt is proven to be able to mediate (partial mediating)relationship between company size and firm value.

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