TY  - JOUR
TI  - THE RELATIONSHIP BETWEEN INTELLECTUAL CAPITAL AND PERFORMANCE: A STUDY ON TURKISH BANKING SECTOR
AB  - In this paper, considering the increasing importance of intellectual capital (IC), we focus on the effects of not only IC but also its three components on Turkish banks’ financial performance by using VAIC (Value Ad- ded Intellectual Coefficient) model. We use a sample of 20 banks operating in Turkey over the period 2013/Q4 – 2019/Q3. We measure financial performance by two widely accepted accounting ratios; namely, ROA and ROE. The results show that VAIC, human capital efficiency (HCE) and capital employed efficiency (CEE) are positi- vely correlated with the banks’ financial performance. In particular, the results indicate the significance of ove- rall intellectual capital, human capital, and financial and physical capital to both increase and sustain banks’ pro- fitability.
AU  - YILMAZ, Yusuf Kenan
AU  - AYBARS, ASLI
DO  - 10.14784/marufacd.976556
PY  - 2021
JO  - Finansal Araştırmalar ve Çalışmalar Dergisi
VL  - 13
IS  - 25
SN  - 1309-1123
SP  - 918
EP  - 932
DB  - TRDizin
UR  - http://search/yayin/detay/1126513
ER  -