MEASUREMENT OF INTELLECTUAL CAPITAL IN THE INDIAN COMPANIES: AN EMPIRICAL ANALYSIS

Ms. Suman, Dr. Satpal
2022 Zenodo  
Compared to physical assets, the value of financial assets has increased exponentially in recent years, showing that intangibles are becoming more important in contributing to economic growth. The growing disparity between stock and book valuations of companies provides evidence for this phenomenon. The purpose of this study is to assess the intellectual capital (IC) held by publicly traded Indian corporations over a ten-year period (2009-2019) by using a Pulic original model (VAIC) and to
more » ... ze which factor of intellectual capital is the preeminent predictor of firm's intellectual capital output of selected Indian companies. The NIFTY 100 companies that are represented by CNX Nifty are the sample for this analysis. The selected companies are from the diversified stock index that represents the Indian economy's 13 major sectors. An intriguing finding of the study was that 66% of the sample companies had poor performance ratings, with an average VAIC score of under 10. The results of this study are very constructive and may be of particular interest to politicians, business executives, and academics.
doi:10.5281/zenodo.7483362 fatcat:gdwqtyqnszf3lbx4q3lnqgkfge