Intellectual Capital And Corporate Performance In Nigeria

INTELLECTUAL CAPITAL AND CORPORATE PERFORMANCE IN NIGERIA BANKS Dr.Egungwu, Ikenna Banking Finance Department, Chukwuemeka Odumegwu Ojukwu University, Anambra State, Nigeria E-mail: ikennaegungwu@yahoo.com Egungwu, Ngozi Ursula Accountancy Department, Chukwuemeka Odumegwu Ojukwu University, Anambra State, Nigeria E-mail: ngoziegungwu@yahoo.com Abstract This study is on the interaction between corporate performance variables and Intellectual capital effectiveness of selected banks in Nigeria. Intellectual capital has been variously defined as knowledge capital employed in an organization to improve the value creation ability of the organization. It has attracted the attention of researchers†¦show more content†¦The study concluded that banks should consider intellectual capital as a veritable tool in harnessing the organisation’s resources to ensure improvement in her performance indicators. The study recommended that banks should take inventory of her portfolio (assets) so as to identify those of them that are no longer useful and also employ qualified, experienced and trained staff to add value to her intellectu1resources. Key words: Intellectual capital, asset quality, loan quality, net income, Ordinary Least Square (OLS) INTRODUCTION Intellectual capital has attracted considerable interest from both academics and practitioners. Research in this area has highlighted the importance of intellectual capital in generating and sustaining organizational competitive advantage (Bontis, 2000;); is generally conceptualized as â€Å"intellectual material - knowledge, information, experience, core technique, intellectual property, and customer relationship that can be put to use to create wealth† (Stewart, 1997); a knowledge-based economy, characterized by a rapid expansion of knowledge-intensive industries creating and exploiting knowledge and information in all sectors of the economy (Nonaka and Takeuchi, 1995). However, despite an increasing recognition of the importance of intellectual capital in theShow MoreRelatedWealth Maximization And Corporate Social Responsibility1745 Words   |  7 PagesWealth Maximization and Corporate Social Responsibility Ebehi Onakpoma Introduction There has been a lingering argument about the legitimacy and importance of corporate responses to CSR concerns. 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