ENTELLEKTÜEL SERMAYENİN FİRMA PERFORMANSI ÜZERİNDEKİ ETKİSİ

Bu çalışmanın temel amacı, entellektüel sermaye ve firma performansı arasındaki ilişkiyi incelemektir. Çalışmada firma performans ölçütleri olarak; karlılık, verimlilik ve piyasa değeri kullanılmıştır. İstanbul Menkul Kıymetler Borsası’na kayıtlı 50 firmanın 2007 yılı verileri incelenmiş ve entellektüel sermaye ölçümünde Entellektüel Sermaye Katma Değer Katsayısı yönteminden yararlanılmıştır. Ampirik analizlerde korelasyon ve çoklu regresyon kullanılmıştır. Ampirik analiz sonucunda, yapısal sermaye etkinliği katsayısı dışındaki, entellektüel sermaye katsayısı ile firma performansı arasında pozitif ve istatistiksel olarak anlamlı ilişkiler elde edilmiştir.

Anahtar Kelimeler:

Entellektüel sermaye, firma performansı, entellektüel sermaye katma değer katsayısı, insan sermayesi

The Effect of Intellectual Capital on Firm Performance

The principal purpose of this study is to investigate the association between intellectual capital and firm performance. In this study use profability, productivity and market valuation as firm performance indicator. Data are investigated from a sample of 50 publicly traded firms from Istanbul Stock Exchange and measuring intellectual capital are drawn upon Value Added Intellectual Capital Coefficient. Empirical analysis is conducted using correlation and linear multiple regression analysis. Findings from the empirical analysis indicate that except for structural capital efficiency associations between intellectual capital coefficents and firm performance positive and istatistical significant.

Keywords:

Intellectual capital, firm performance, value added intellectual capital coefficient, human capital,

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