Table 1

An overview of research methods for measuring values of intellectual capital

ReferencesSampleMethodologyObject of research
El-Bannany (2008) UK banksValue-Added Intellectual capital (VAIC)
Multiple regression analysis
Investigation the determinants of intellectual capital performance in the UK banks
Goebel (2015) 6,627 firms listed on the German stock exchangeMtB ratios
Tobin's q
LRVTB (The long-run value component)
Investigation the determinants of IC value and IC valuation
Mondal and Ghosh (2012) 65 Indian banksValue-added intellectual coefficient (VAIC)
Return on assets (ROA)
Return on equity (ROE)
Multiple regression
Investigation the relationship between intellectual capital and financial performance
Maditinos et al. (2011) 96 Greek companiesVAIC
Regression models
Descriptive statistics
Correlation analysis
Examination the impact of IC on firms' market value and financial performance
Kamath (2007) 98 Indian banksValue-Added Intellectual Coefficient (VAIC)Measuring the value-based performance of the Indian banking sector
Mavridis (2004) 141 banksVAIC
Predictive analysis
Descriptive analysis
Analyzing the intellectual capital of the Japanese banking sector and discussion about its impact on the banks' value-based performance
Shakina and Barajas (2012) 420 Russian and 332 European companiesCross-sectional and panel data analysis; The instrumental variables method Strategic performance indicators (EVA and FGV).Evaluation of intellectual capital methods for discovering the drivers of company growth
Yalama and Coskun (2007) 18 banks listed on Istanbul Stock Exchange (ISE)Value-Added Intellectual
Coefficiency (VAIC)
Data Envelopment Analysis (DEA)
Measuring the intellectual capital (IC) performance of quoted banks on the ISE and testing the effect of the intellectual capital performance on profitability
Muhammad and Ismail (2009) 18 companies were chosen to be analyzed which encompasses of banks, insurance companies and brokerage firm.Value added intellectual capital coefficient
Multiple regression analysis
Return on assets (ROA);
profitability
Investigation the efficiency of intellectual capital and its performance in Malaysian financial sectors
Goh (2005) 16 commercial banks in MalaysiaVAIC
Indicator
Measuring the intellectual capital performance of commercial banks

Source(s): Authors

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