scholarly journals How Intellectual Capital is Made?

2021 ◽  
Vol 16 (1) ◽  
pp. 136-146
Author(s):  
Andreea Simina Porancea-Răulea

Abstract Worldwide organizations are compelled by global competition to achieve notable, inimitable results. In order to achieve this organizations must differentiate themselves from their competitors by using intangible resources that can get the long-term competitive advantage. This can be accomplished by identifying and managing the important elements of performance more effectively and efficiently. Consequently, organizations have to be aware and understand the connection between valuing intellectual capital and their performance. This article enhances the relationship between intellectual capital indicators and the measures to be taken in order to become strong innovators at european level. By identifying the key indicators taken into consideration at European level an national analysis was made in order to identify the weak points that made a gap between Romania and the other european countries.

2014 ◽  
Vol 1073-1076 ◽  
pp. 2488-2492
Author(s):  
Hong Li Yang ◽  
Ping Li ◽  
Xiao Li Guo

With the deepening of economic globalization, cooperation has become a mainstream trend, revealing the discipline of cooperation has become a key scientific issue. As a content of cooperation, international energy cooperation is a system of relations constituted by different energy cooperation agents, it reflects the composition of agents. Ability divergence and their capability system have an effect on the long-term stability and development of cooperation. Based on the theories, this paper put forward the main connotation of cooperation capacity structure, building capability evaluation system, clearing affect the stability of the key indicators of cooperation, exploring the relationship between cooperation agents’ capability structure and cooperative stability in order to study the whole process of international energy cooperation fluctuations trajectory.


Author(s):  
Abdulbaset Ali Alhaj ◽  
Abdullah Mohammed Awn ◽  
Al Taher Khalifa Abdusalam Alaswed

Purpose: The aim of this study was to explore the relationship between Financial instruments and growth of investment. Design/Methodology/Approach: The distributed questionnaires include 300 clients from banks and companies represented in Tripoli. The data collected was analyzed using SPSS- SEM. Results: The obtained results showed that indicated that, despite the modest progress made in a very short time regarding all indicators which the paper calculated, however, it can be said that Libyan stock market remain largely underdeveloped, small and relatively inefficient. Its market capitalization to GDP is very low and investors have no access to long-term capital. In addition, the market still has very low liquidity and investors still have a limited choice of financial instruments and face liquidity problems. Originality/Value: This study contributes significantly to the importance of diversity in the use of financial instruments that help in the growth of investment. The study added a new discussion, which is the disclosure that financial instruments affect the growth of domestic investment, especially by easing financing restrictions, which allows companies to increase investment in response to increased demand for production. The main finding is that the structure of the financial system does not have an independent effect on investment growth, in the sense that it does not enhance the response of investment to changes in production, whereas financial development makes investment more responsive to output growth. Thus, instead of promoting a specific type of financial instrument, countries should implement policies that reduce transaction costs in financial intermediation and enforce the rights of creditors and investors. This will facilitate the development of banks and stock markets, which will stimulate the growth of domestic investment. JEL: D53; G14; O16


Author(s):  
Claudia Díaz-González ◽  
Carla Ordaz-Picón ◽  
Guadalupe de Jesús Gómez-Negrete

This paper presents the result of a correlational study derived from the exploratory analysis of a previous work in 2019 on the behavior of key indicators of intellectual capital management under the approach of socio-evolutionary models such as the Intellectus Model from which a 27-question-survey was designed and applied to a sample of 69 companies of different sizes and lines of work in the city of León. The results of the study show that in the companies subjects of the research are found significant positive correlations in the behavior of key indicators such as levels of integration and motivation of staff, promotion mechanisms, level of involvement in decision-making, levels of education, propensity to change or improvement in products and processes, transfer of knowledge in the form of intangible assets as trademarks and patents which allow companies to increase their chances of permanence and growth in the long term. The above gathered from the statistical analysis applied to the database constructed from the results of the field research among the companies that agreed to answer the initial survey.


2015 ◽  
Vol 16 (3) ◽  
pp. 639-660 ◽  
Author(s):  
Shaw Warn Too ◽  
Wan Fadzilah Wan Yusoff

Purpose – The purpose of this paper is to examine the direct and indirect impact of firm-specific characteristics on the level of underpricing among Malaysian initial public offerings (IPOs). Design/methodology/approach – Content analysis of IPO prospectuses was used for 331 firms underwent listing between 2002 and 2008. The extent of disclosure was computed by applying the disclosure index of Bukh et al. (2005). Findings – Of the five firm characteristics examined, there is a direct relationship between the firm’s financial performance and the level of foreign activity, and the level of underpricing, instead of being mediated through disclosure. However, some firm characteristics have direct influence on the extent of disclosure but do not have any influence on underpricing. Research limitations/implications – This empirical study concentrates on the Malaysian IPOs on a single disclosure mechanism. Other disclosure items can be examined together with the intellectual capital disclosure items. Practical implications – As the findings reveal that the extent of disclosure is relatively low in influencing the level of underpricing. Had the disclosure been higher, it may have some influence on underpricing. The accounting governance board need to regulate the disclosures of the intangible resources so that the level of underpricing can be minimized. Originality/value – This study provides new insight for the examination of direct and indirect (through disclosure) association between firm-specific characteristics and underpricing. The findings shed some lights to the IPO issuers to enhance disclosure so that the cost of capital can be reduced.


2009 ◽  
Vol 9 (1) ◽  
pp. 32-38
Author(s):  
F.X. Susilo ◽  
Dewi Rosmawati ◽  
Nur Yasin

Ants Alter Insecticide Efficacy on Aphids in the Yard-Long Bean Agroecosystem? This study was aimed to detect the relationship between Aphis sp. and ants and to show whether ants could alter insecticide efficacy on Aphis sp. A survey was conducted in  the yard-long bean agroecosystems that have been frequently attacked by aphids and for years treated with imidacloprid insecticide (in Mulyosari Village, intensive sample) versus those barely treated in Ganjar Agung Village (non-intensive sample), both in the West Metro municipal area, Lampung. Two sampling occasions were made (in March and November 2005) where 35 plant parts (i.e. 35 flowers and 35 pods) per sample were randomly observed to record the number of Aphis sp. and ants. The efficacy of the insecticide treatment was determined by comparing the mean number of aphids or ants from intensive versus non intensive samples using a t-test at the 0.05 level. The relationships between ant and aphid numbers were determined by calculating their coefficients of correlation and testing them using a t-test at the 0.01 or 0.05 level. The study showed that the long-term application of the insecticide imidacloprid in the yard-long bean agroecosystem 1) might strengthen the relationship between Aphis sp. and ants (especially Solenopsis sp., Camponotus sp. and Paratopula sp.) and 2) was not effective to suppress  Aphis sp. number. Stronger Aphis sp. — ant symbiotic relationship might alter the insecticide efficacy on Aphis sp. in the agroecosystem.


2015 ◽  
Vol 6 (1) ◽  
pp. 57-72 ◽  
Author(s):  
Marie Pavláková Docekalová ◽  
Alena Kocmanová ◽  
Jirí Kolenák

Abstract Effective corporate governance is a key element in achieving long-term success for any company. The codes of conduct that corporate governance adopts directly determine the sustainability of business activities. With this in mind, this paper aims to demonstrate the results of research that identifies a set of key indicators of corporate governance performance. The presented research is quantitative. In order to identify key performance indicators, factor analysis was employed. It was found that corporate governance performance is influenced by two factors. For the first factor, the relationship between corporate governance and stakeholders is measured by key indicators: percentage of women within CG, contributions to political parties, politicians and related institutions and number of complaints received from stakeholders. The second factor, strategy & compliance, is generated from the following: percentage of strategic objectives met and total number of sanctions for breaching the law. This research aims to assist both academic and corporate practitioners who want to improve corporate governance performance and, through the use of key performance indicators, support the transparency and sustainability of their business.


Land ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 81
Author(s):  
Carmen Femenia-Ribera ◽  
Gaspar Mora-Navarro ◽  
Jose Carlos Martinez-Llario

A necessary and effective coordination between cadastre and land registry has always existed in Spain, but the difficulties have only been specifically addressed in the last few years. The aim of this study is to illustrate, analyse, and evaluate advances in this coordination in Spain from the beginnings of the current system in the early twentieth century, with the cadastre and land registry operating as separate organisations. A preliminary study was made in 2002 of the difficulties that needed to be overcome to achieve an ideal coordination of mainly mapped information. The study was made by gathering and analysing the opinions of various specialists who have dealt with the issue of coordination. For this research, qualitative information (current and historical) was gathered by querying documents about cadastre and land registry coordination in Spain. This information was studied and compared to identify the problems and challenges. A survey in 2012 analysed the relationship between the cadastre and land registry from the point of view of the general public in the city of Gandia. The Spanish government enacted the first specific and effective legislation on coordination in 2015 (Act 13/2015), and much has changed since its introduction. During the last five years of application, each of the problems initially highlighted has been monitored and analysed, and the difficulties that have arisen have been noted. In this study, each of these problems and challenges is analysed from various perspectives: querying documents (norms, budgets, official news, etc.), websites, digital applications, observation, and interviews. The main results of the case study in Spain are as follows: coordination is generally indispensable and cannot be postponed; there is a difficult understanding between the organisations involved; the general public associate the word “cadastre” with taxes and not with security in the demarcation of property; political will and understanding is necessary; the process is slow and requires long-term agreements; an improvement in the quality of maps is fundamental; and technology is not a problem.


2021 ◽  
Vol 3 (2) ◽  
pp. 82-110
Author(s):  
Maikel Rudianto ◽  
Unggul Purwohendi ◽  
Budi Santoso

The alliance strategy is one solution to the speed of competition in the business or business world. Strategic alliances are cooperative strategies in the form of partnerships that help unify each party's strengths to mutually benefit in the form of benefits and long-term competitiveness in the market. The alliance's strategy can be assessed as successful or not by measuring the strategic alliance's performance because the most commonly used alliance measure is performance. Whether or not an alliance strategy adopted by a company is healthy is to evaluate its alliance strategy's implementation. This research was conducted using non-sampling or census methods as many as 132 (one hundred and thirty-two) branches in DKI Jakarta in one of the companies in the education sector originating from Japan and developing an alliance strategy in Indonesia. Data collection was carried out using a questionnaire and met with the owners or direct branch leaders. From this study, it is concluded that Goodwill trust, Competence Trust, and Tangible & Intangible Resources Sharing positively influence the performance of the alliance strategy. Also, Tangible & Intangible Resources Sharing as an intervening variable can mediate the relationship between Goodwill trust and Competence Trust on the alliance's strategy's performance.


2017 ◽  
Vol 16 (1) ◽  
pp. 15
Author(s):  
Susanti Widhiastuti

<p><em>The purpose of this study was to analyze the effect of intangible resources against stocks return mediated by the financial performance. The research was conducted on Trade sector companies listed on the Indonesia Stock Exchange in the observation period 2012-2015. The number of samples taken by using purposive sampling method. Multiple regression analysis and path analysis was used to analyze the hypothesis in this study. </em></p><p><em>This research has not been able to prove that there is a mediation role in financial performance in the relationship between the intangible resources and stock returns. This is due to the external factors that affect stock returns. However partially, both of intellectual capital and goodwill proven their effect on stock returns. The results also showed that intangible resources such as goodwill and enterprise risk management capabilities have a positive effect on the company's financial performance. Otherwise intellectual capital have not been able to show its influence on the financial performance.</em></p>


Author(s):  
Maikel Rudianto ◽  
Unggul Purwohedi ◽  
Budi Santoso

The alliance strategy is one solution to face the speed of competition in the business world or business. Strategic alliances are cooperative strategies in the form of partnerships that help bring together the strengths of each party in order to benefit each other in the form of long-term benefits and competitiveness in the market. The Alliance strategy can be judged successful or not by measuring the performance of the strategic alliance, because the most commonly used alliance measure is performance. So that a healthy alliance strategy implemented by a company is to see and evaluate the performance of the company's alliance strategy.This research was conducted with a non-sampling method or census of 132 (one hundred thirty-two) branches in DKI Jakarta in one of the companies in the field of education originating from Japan and developing an alliance strategy in Indonesia. Data collection is done by questionnaire and meet with the owners or branch leaders directlyFrom this study it was concluded that Goodwill trust, Competence Trust and Tangible & Intangible Resources Sharing had a positive influence on the performance of the alliance's strategy. Besides Tangible & Intangible Resources Sharing as an intervening variable is able to mediate the relationship of Goodwill trust and Competence Trust on the performance of the alliance's strategy.


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