Survey of intellec
Survey of intellectual
capital and financial performance of companies in TSE
Ghasem Ghasemi1, Reza
Tehrani2
1: Department of Accounting,
Islamic Azad University-Sabzevar Branch, Sabzevar, Iran and Ph.D. student in
National University of Tajikistan (Corresponding Author)
2: Department of Accounting,
Islamic Azad University-Sabzevar Branch, Sabzevar, Iran
Abstract: In
a knowledge-based organization, where, knowledge forms a large part of the
amount and quality of organization's profitability, traditional accounting
methods, which are based on tangible assets and information of previous
operations of the organization, are incapable of valuing intellectual capital
as their most valuable assets. Therefore, the intellectual capital approach is
the most comprehensive for organizations who want to know their profitability
capacities better. The fundamental importance of this study is the lack of
intellectual capital items in the financial statements of the companies as well
as a huge gap between book value and market value. In the past, tangible assets
had higher importance but today, large part of organizations’ assets are
intangible assets thus, in today's economy, organizations success depend on the
way of managing these assets.
[Ghasem Ghasemi, Reza Tehrani. Survey of
intellectual capital and financial performance of companies in TSE. Life
Sci J2013;10(7s):261-269] (ISSN:1097-8135). http://www.lifesciencesite.com. 40
Keywords: Financial
Performance, Iranian Capital Market, Intelligent Capital
