Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms

The main purpose of this investigation was to examine the relationships among Intellectual Capital (IC) factors, Board of Directors’ Functions (BoDF) and Overall Firm Performance (OFP). Moreover, the role of BoDF as a mediator in the development of OFP (includes non-financial and financial performan...

Full description

Saved in:
Bibliographic Details
Main Authors: Jamshidy, Majid, Sofian, Saudah, Bajuri, Norkhairul Hafiz, Karchegani, Mohammad Rahmani, Mousavi, Bahaedin
Format: Article
Published: Science Alert 2014
Subjects:
Online Access:http://eprints.utm.my/id/eprint/59837/
http://dx.doi.org/10.3923/jas.2014.2750.2766
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.utm.59837
record_format eprints
spelling my.utm.598372022-01-10T06:42:20Z http://eprints.utm.my/id/eprint/59837/ Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms Jamshidy, Majid Sofian, Saudah Bajuri, Norkhairul Hafiz Karchegani, Mohammad Rahmani Mousavi, Bahaedin HD28 Management. Industrial Management HG Finance The main purpose of this investigation was to examine the relationships among Intellectual Capital (IC) factors, Board of Directors’ Functions (BoDF) and Overall Firm Performance (OFP). Moreover, the role of BoDF as a mediator in the development of OFP (includes non-financial and financial performance) as the dependent variable also was investigated. In this study, six research questions and twelve hypotheses were surveyed. The population of this study was top management. A questionnaire containing 84 questions with a likert-type scale from 1 (strongly disagree) to 5 (strongly agree) was used as the vital instrument in gathering data and a total of 314 respondents were involved in the survey. This study utilized the survey method to describe IC components, BoDF factors which are the determinants for OFP and propose that all these factors would contribute to better performance in practice. The collected data were analyzed by using descriptive statistics and inferential analysis through the SEM and SPSS. As an analytical method, structural equation modeling was selected using AMOS 20.0 version. The outcomes of this study recognized the mediating role of board of directors functions in the relationship between IC factors [including of Human Capital (HC), Structural Capital (SC), Relational Capital (RC) and Spiritual Capital (SpC)] and OFP. However, the results of the SEM analysis also exposed that “board of directors functions” do not have a significant role between SpC and OFP. The results also showed that RC and SC, respectively have directly the highest contribution toward the prediction of BoDF and OFP, while HC and SpC were the second and third predictors, respectively. From an academic point of view, the results of this study, especially its mediating relationship helps scholars understand the processes further which might be supportive in discovering further mediator at different levels of analysis. Science Alert 2014 Article PeerReviewed Jamshidy, Majid and Sofian, Saudah and Bajuri, Norkhairul Hafiz and Karchegani, Mohammad Rahmani and Mousavi, Bahaedin (2014) Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms. Journal of Applied Sciences, 14 (21). pp. 2750-2766. ISSN 1812-5654 http://dx.doi.org/10.3923/jas.2014.2750.2766 DOI:10.3923/jas.2014.2750.2766
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
topic HD28 Management. Industrial Management
HG Finance
spellingShingle HD28 Management. Industrial Management
HG Finance
Jamshidy, Majid
Sofian, Saudah
Bajuri, Norkhairul Hafiz
Karchegani, Mohammad Rahmani
Mousavi, Bahaedin
Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms
description The main purpose of this investigation was to examine the relationships among Intellectual Capital (IC) factors, Board of Directors’ Functions (BoDF) and Overall Firm Performance (OFP). Moreover, the role of BoDF as a mediator in the development of OFP (includes non-financial and financial performance) as the dependent variable also was investigated. In this study, six research questions and twelve hypotheses were surveyed. The population of this study was top management. A questionnaire containing 84 questions with a likert-type scale from 1 (strongly disagree) to 5 (strongly agree) was used as the vital instrument in gathering data and a total of 314 respondents were involved in the survey. This study utilized the survey method to describe IC components, BoDF factors which are the determinants for OFP and propose that all these factors would contribute to better performance in practice. The collected data were analyzed by using descriptive statistics and inferential analysis through the SEM and SPSS. As an analytical method, structural equation modeling was selected using AMOS 20.0 version. The outcomes of this study recognized the mediating role of board of directors functions in the relationship between IC factors [including of Human Capital (HC), Structural Capital (SC), Relational Capital (RC) and Spiritual Capital (SpC)] and OFP. However, the results of the SEM analysis also exposed that “board of directors functions” do not have a significant role between SpC and OFP. The results also showed that RC and SC, respectively have directly the highest contribution toward the prediction of BoDF and OFP, while HC and SpC were the second and third predictors, respectively. From an academic point of view, the results of this study, especially its mediating relationship helps scholars understand the processes further which might be supportive in discovering further mediator at different levels of analysis.
format Article
author Jamshidy, Majid
Sofian, Saudah
Bajuri, Norkhairul Hafiz
Karchegani, Mohammad Rahmani
Mousavi, Bahaedin
author_facet Jamshidy, Majid
Sofian, Saudah
Bajuri, Norkhairul Hafiz
Karchegani, Mohammad Rahmani
Mousavi, Bahaedin
author_sort Jamshidy, Majid
title Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms
title_short Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms
title_full Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms
title_fullStr Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms
title_full_unstemmed Mediating role of board of directors' functions between intellectual capital components and overall firm performance in Iranian high IC firms
title_sort mediating role of board of directors' functions between intellectual capital components and overall firm performance in iranian high ic firms
publisher Science Alert
publishDate 2014
url http://eprints.utm.my/id/eprint/59837/
http://dx.doi.org/10.3923/jas.2014.2750.2766
_version_ 1724073246805983232
score 13.211869