Saeed JOORBONYAN, Afshin MOHAMMADI CHESHMEH KABOUDI, Ebrahim EBRAHIMI, Saeed MOJAHED

The relationship between intellectual capital and value-based performance measurement variables (Case study: automotive industry companies of Iran)

Abstract. This study aimed to investigate the relationship between intellectual capital and value-based performance measurement variables of automotive companies operating in Iran in the period 2008-2014 and it was found that efficient use of material and intellectual resources is effective on value-based performance measurement indicators. Also, the efficiency of human capital impacts on economic value added, market value added and value-added cash and the efficiency of capital employed impacts only on the economic value added and has a negative impact on cash value and market value added. Finally, the efficiency of the capital structure had a negative impact on all three indicators of financial performance. Given the results of the auto industry's market in Iran, less attention to the use of financial resources in the design and creation of processes, systems and working infrastructure has bene paid. The attention of Iran's Automotive Industry Company to the human capital performance than the human capital performance employed and structural capital is greater and it can be said that for more profitability, this industry must consider all three components of intellectual capital.

Keywords:

Intellectual capital value-based performance measurement variables, economic value added, cash value added, market value added,

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