Keywords: VAIC
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Journal Articles
Journal of Financial Regulation and Compliance (2024) 32 (3): 355–371.
Published: 02 April 2024
... and default risk for the sample period 2013–2022. The value-added intellectual coefficient (VAIC) of Pulic (2000) has been applied to measure IC performance, and default risk is estimated using the revised Z-score model of Altman (2000). Findings The results revealed a positive association between Z-score...

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