The relationship Between Intellectual and IT Based Structural Capital with Financial Performance (A Case Study)

The emergence of high technology, information, and innovation based environment in the world today has greatly altered the way and manner businesses are done globally. In the competitive and constantly changing business world, intellectual capital has a special position in directing business and determining the level of organizational performance as an intangible asset. The study investigates the relationship between intellectual capital and the performance of the banks listed in Tehran Stock Exchange in terms of financial and marketing performance using Pulic's Value Added Intellectual Coefficient (VAIC) model. This is an applied research In terms of purpose and in terms methodology is a solidarity research. The statistical population includes the banks listed in the stock exchange during the years 1388-1393. We used ROE and ROA variables, the capital adequacy ratio and earnings per share using financial reports and Rah-Avard Novin financial software to evaluate financial performance. For analyzing any existing relationship between variables, GLS and OLS regressions are used in this study with Eviews. It has been observed that intellectual capital in banks has significant positive relationship with financial

Keywords:

Intellectual Capital , Structural Capital , Physical Capital , Human Capital , Financial Performance