Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil
Autor(a) principal: | |
---|---|
Data de Publicação: | 2022 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10174/31395 https://doi.org/Jordão, R.V.D., Almeida, V.R.d. and Novas, J. (2022), "Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil", The Bottom Line, Vol. 35 No. 1, pp. 1-22. https://doi.org/10.1108/BL-11-2021-0103 https://doi.org/10.1108/BL-11-2021-0103 |
Resumo: | Purpose – The purpose of this paper is to analyze the influence of intellectual capital (IC) on sustainable economic and financial performance (EFP) and value creation (VC) in Brazilian companies. Design/methodology/approach – Based on finance and accounting theories, a quantitative and descriptive long-term study was carried out in the companies listed on the Brazil Stock Exchange and Overthe- Counter Market (B3), covering 20 years period. Findings – The results indicate that IC positively influences profitability, corporate return and organizational value sustainably; the most intangible-intensive Brazilian companies listed on B3 presented more robust results than the least intangible-intensive; and IC contributes to a systematic increase in EFP and VC over time. Research limitations/implications – Using a well-established metric, the IC-INDEX, the IC and its effects were measured, obtaining theoretical contributions (expanding the understanding of the IC influence in sustainable EFP and VC from a long-term perspective – one subject still unexplored in the literature); and empirical (increasing the understanding of the IC’s role as a driver of competitiveness, performance and organizational value). Practical implications – This study increases the understanding of the theoretical and practical effects of IC, also providing a competitive benchmarking process to access sustainable EFP and VC of companies and their industries. Originality/value – The originally applied and validated proposal extends existing theory by offering a set of indicators to scale the contribution of IC to competitiveness from the perspective of long-term (historical) corporate outcomes. |
id |
RCAP_01403c34009e10c3ad40c759aabd6e4b |
---|---|
oai_identifier_str |
oai:dspace.uevora.pt:10174/31395 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of BrazilSustainabilityIntellectual CapitalBrazilEmerging marketsValue CreationEconomic and fiancial performancePurpose – The purpose of this paper is to analyze the influence of intellectual capital (IC) on sustainable economic and financial performance (EFP) and value creation (VC) in Brazilian companies. Design/methodology/approach – Based on finance and accounting theories, a quantitative and descriptive long-term study was carried out in the companies listed on the Brazil Stock Exchange and Overthe- Counter Market (B3), covering 20 years period. Findings – The results indicate that IC positively influences profitability, corporate return and organizational value sustainably; the most intangible-intensive Brazilian companies listed on B3 presented more robust results than the least intangible-intensive; and IC contributes to a systematic increase in EFP and VC over time. Research limitations/implications – Using a well-established metric, the IC-INDEX, the IC and its effects were measured, obtaining theoretical contributions (expanding the understanding of the IC influence in sustainable EFP and VC from a long-term perspective – one subject still unexplored in the literature); and empirical (increasing the understanding of the IC’s role as a driver of competitiveness, performance and organizational value). Practical implications – This study increases the understanding of the theoretical and practical effects of IC, also providing a competitive benchmarking process to access sustainable EFP and VC of companies and their industries. Originality/value – The originally applied and validated proposal extends existing theory by offering a set of indicators to scale the contribution of IC to competitiveness from the perspective of long-term (historical) corporate outcomes.Emerald2022-03-22T11:29:08Z2022-03-222022-03-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10174/31395https://doi.org/Jordão, R.V.D., Almeida, V.R.d. and Novas, J. (2022), "Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil", The Bottom Line, Vol. 35 No. 1, pp. 1-22. https://doi.org/10.1108/BL-11-2021-0103http://hdl.handle.net/10174/31395https://doi.org/10.1108/BL-11-2021-0103porhttps://www.emerald.com/insight/content/doi/10.1108/BL-11-2021-0103/full/html35The Bottom Line1jordaoconsultor@yahoo.com.brribeirovander@hotmail.comjlnovas@uevora.pt256Jordão, RicardoAlmeida, VanderNovas, Jorgeinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-03T19:31:01Zoai:dspace.uevora.pt:10174/31395Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:20:35.490826Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
title |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
spellingShingle |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil Jordão, Ricardo Sustainability Intellectual Capital Brazil Emerging markets Value Creation Economic and fiancial performance |
title_short |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
title_full |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
title_fullStr |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
title_full_unstemmed |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
title_sort |
Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil |
author |
Jordão, Ricardo |
author_facet |
Jordão, Ricardo Almeida, Vander Novas, Jorge |
author_role |
author |
author2 |
Almeida, Vander Novas, Jorge |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Jordão, Ricardo Almeida, Vander Novas, Jorge |
dc.subject.por.fl_str_mv |
Sustainability Intellectual Capital Brazil Emerging markets Value Creation Economic and fiancial performance |
topic |
Sustainability Intellectual Capital Brazil Emerging markets Value Creation Economic and fiancial performance |
description |
Purpose – The purpose of this paper is to analyze the influence of intellectual capital (IC) on sustainable economic and financial performance (EFP) and value creation (VC) in Brazilian companies. Design/methodology/approach – Based on finance and accounting theories, a quantitative and descriptive long-term study was carried out in the companies listed on the Brazil Stock Exchange and Overthe- Counter Market (B3), covering 20 years period. Findings – The results indicate that IC positively influences profitability, corporate return and organizational value sustainably; the most intangible-intensive Brazilian companies listed on B3 presented more robust results than the least intangible-intensive; and IC contributes to a systematic increase in EFP and VC over time. Research limitations/implications – Using a well-established metric, the IC-INDEX, the IC and its effects were measured, obtaining theoretical contributions (expanding the understanding of the IC influence in sustainable EFP and VC from a long-term perspective – one subject still unexplored in the literature); and empirical (increasing the understanding of the IC’s role as a driver of competitiveness, performance and organizational value). Practical implications – This study increases the understanding of the theoretical and practical effects of IC, also providing a competitive benchmarking process to access sustainable EFP and VC of companies and their industries. Originality/value – The originally applied and validated proposal extends existing theory by offering a set of indicators to scale the contribution of IC to competitiveness from the perspective of long-term (historical) corporate outcomes. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-03-22T11:29:08Z 2022-03-22 2022-03-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10174/31395 https://doi.org/Jordão, R.V.D., Almeida, V.R.d. and Novas, J. (2022), "Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil", The Bottom Line, Vol. 35 No. 1, pp. 1-22. https://doi.org/10.1108/BL-11-2021-0103 http://hdl.handle.net/10174/31395 https://doi.org/10.1108/BL-11-2021-0103 |
url |
http://hdl.handle.net/10174/31395 https://doi.org/Jordão, R.V.D., Almeida, V.R.d. and Novas, J. (2022), "Intellectual capital, sustainable economic and financial performance and value creation in emerging markets: the case of Brazil", The Bottom Line, Vol. 35 No. 1, pp. 1-22. https://doi.org/10.1108/BL-11-2021-0103 https://doi.org/10.1108/BL-11-2021-0103 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://www.emerald.com/insight/content/doi/10.1108/BL-11-2021-0103/full/html 35 The Bottom Line 1 jordaoconsultor@yahoo.com.br ribeirovander@hotmail.com jlnovas@uevora.pt 256 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Emerald |
publisher.none.fl_str_mv |
Emerald |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799136687277735936 |