Intellectual capital and business performance: an empirical study for the Greek listed companies

Dimitrios Maditinos, Zeljko Sevic, Charalampos Tsairidis

    Research output: Contribution to journalArticle

    Abstract

    The aim of this study is to empirically examine the four elements of intellectual capital (human capital, customer capital, structural capital and innovation capital) and their relationship with business performance in the Athens Stock Exchange (ASE). This study was conducted based on a psychometrically validated questionnaire developed and launched by Bontis (1997) and Bontis et al. (2000). Confirmatory Factor Analysis and Structural Equation Model have been used as statistical methods to analyse the five hypotheses developed. Our results are designed to extend it to degrees consistent with those revealed by Bontis et al. (2000) for a Malaysian set of industries. In particularly, we found that: (a) human capital is important and positively associated to customer capital in both service and non-service industries; (b) customer capital has an influence in structural capital rather than in non-service industries; (c) innovation capital seems to have an important and positive relationship to structural capital, regardless of the industry type; and (d) structural capital has a positive relationship to business performance in both industry types, and especially in non-service industries.

    Original languageEnglish
    Pages (from-to)145-168
    Number of pages24
    JournalEuropean Research Studies
    Volume13
    Issue number3
    Publication statusPublished - 1 Jan 2010

    Fingerprint

    Empirical study
    Industry
    Business performance
    Listed companies
    Intellectual capital
    Structural capital
    Customer capital
    Innovation
    Human capital
    Statistical methods
    Structural equation model
    Confirmatory factor analysis
    Questionnaire
    Athens Stock Exchange

    Keywords

    • business performance
    • Greece
    • finance
    • intellectual capital

    Cite this

    Maditinos, D., Sevic, Z., & Tsairidis, C. (2010). Intellectual capital and business performance: an empirical study for the Greek listed companies. European Research Studies, 13(3), 145-168.
    Maditinos, Dimitrios ; Sevic, Zeljko ; Tsairidis, Charalampos. / Intellectual capital and business performance: an empirical study for the Greek listed companies. In: European Research Studies. 2010 ; Vol. 13, No. 3. pp. 145-168.
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    Maditinos, D, Sevic, Z & Tsairidis, C 2010, 'Intellectual capital and business performance: an empirical study for the Greek listed companies', European Research Studies, vol. 13, no. 3, pp. 145-168.

    Intellectual capital and business performance: an empirical study for the Greek listed companies. / Maditinos, Dimitrios; Sevic, Zeljko; Tsairidis, Charalampos.

    In: European Research Studies, Vol. 13, No. 3, 01.01.2010, p. 145-168.

    Research output: Contribution to journalArticle

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    AU - Maditinos, Dimitrios

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    AU - Tsairidis, Charalampos

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    Maditinos D, Sevic Z, Tsairidis C. Intellectual capital and business performance: an empirical study for the Greek listed companies. European Research Studies. 2010 Jan 1;13(3):145-168.