| Autor: |
EDET, JEREMIAH PATRICK, EBE, JOSEPHINE SUNDAY, UDONTAH, EDIDIONG IMOH, UMOREN, Adebimpe Otu |
| Rok vydání: |
2023 |
| Předmět: |
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| DOI: |
10.5281/zenodo.7970432 |
| Popis: |
This study was conducted to ascertain the influence of intellectual capital on firm value of quoted consumer goods companies in Nigeria. This was anchored on the fact that intellectual capital usually indicates the efforts of managers in committing funds to raise the level of knowledge in an organization. The ex-post facto research design was adopted because the study required secondary data. The population of this study was twenty (20) consumer goods companies quoted on the floor of Nigerian Exchange Group (NEG) as at 31st December, 2022. Fifteen (15) quoted consumer goods entities were sampled for the study purposively. Panel data were collected from the financial statements of the consumer goods companies sampled for the study. The variables of this study were firm value (FV) and intellectual capital (IC). The dependent variable was firm's value measured by Tobin's Q and the independent variables-the intellectual capital were represented by Human Capital (HC), Relational Capital (RC) and Structural Capital (SC). Company Size (CS) was used as a control variable. Data were analysed using descriptive statistics and multiple linear regression statistical tools. From the analyses, it was observed that HC, RC and SC had positive and insignificant influence on FV of quoted consumer goods companies in Nigeria. In line with the findings, it was concluded that intellectual capital had significant influence on firm value of quoted consumer goods companiesin Nigeria. It was recommended that more investment should be made on all the variables of intellectual capital of quoted consumer goods companies in Nigeria to raise the value of the entities. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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