Author

  • Jia-Hua Tsai

    • Chang Gung University, Taiwan
    • Taiwan, Province of China

  • Jean Yu

    • National Chiayi University, Taiwan
    • Taiwan, Province of China

  • Shiow-Ying Wen

    • Chang Gung University, Taiwan
    • Taiwan, Province of China

Abstract

This paper aims to exam the connection among intellectual capital, corporate governance and firm performance. Firm performance measured by Tobin’s Q is an important indicator. Business function such as R&D, advertising, and human resources, after adjusting for sales, remains important factors. Especially, management team should be aware of using leverage because excessive debt usage leads to poor Tobin’s Q. Investors should be cautious of capital structure when forming their investment portfolios. Although the influences of ownership structure on firm performance are not consistent, the effects are significant. Finally, whether there is independent director and the holdings ratio of board of director definitely affect the firm performance.

Keywords

References

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How to Cite

Tsai, J.-H., Yu, J., & Wen, S.-Y. (2013). Intellectual Capital, Corporate Governance and Firm Performance. Information Management and Business Review, 5(10), 482-491. https://doi.org/10.22610/imbr.v5i10.1078

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Section

Research Paper

Published in

Vol. 5 No. 10 (2013) Intellectual Capital, Governance & E-Retail View issue contents

Published

2013-10-30

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