The Effect of Ownership Structure on The Added Value of Intellectual Capital of Banks Listed on The Damascus Stock Exchange
الكلمات المفتاحية:
Keywords: Ownership structure - the added value of intellectual capital - the efficiency of Employed capital - the efficiency of human capital, the efficiency of structural capital - concentration of ownership - institutional ownership - foreign ownership - administrative ownership
الملخص
The research aims to measure the impact of the ownership structure with its components (concentration of ownership - institutional ownership - foreign ownership - administrative ownership) on the added value of the intellectual capital of banks listed on the Damascus Stock Exchange.
The statistical population for the study consists of (11) banks listed on the Damascus Stock Exchange, after excluding Islamic banks, during the period extending from 2017 to 2021. Through the use of regression analysis.
The results of the study showed that after controlling for the size of the bank, some components of the ownership structure (concentration of ownership) had a significant and positive effect on the added value of intellectual capital, while there was no effect of institutional, foreign and administrative ownership on the added value of intellectual capital for banks listed on the Damascus Stock Exchange Finance.
References
المراجع:
- Abeysekera, I. (2010). The influence of board size on intellectual capital disclosure by Kenyan listed firms. Journal of intellectual capital, 11(4), 504-518.
- Ahmed, Z., Hussin, M. R. A., & Pirzada, K. (2022). The impact of intellectual capital and ownership structure on firm performance. Journal of Risk and Financial Management, 15(12), 553.
- Becher, D., & Juergens, J. L. (2013). Do Acquirer CEO Incentives Impact Mergers?. Available at SSRN 2117397.
- Bemby, B. S., Hakiki, A., & Ferdianti, R. (2015). Intellectual capital, firm value and ownership structure as moderating variable: Empirical study on banking listed in Indonesia stock exchange period 2009-2012. Asian Social Science, 11(16), 148.
- Firer, S., & Williams, S. M. (2005). Firm ownership structure and intellectual capital disclosures. South African Journal of Accounting Research, 19(1), 1-18.
- Khanna, T., & Palepu, K. (2000). Emerging market business groups, foreign intermediaries, and corporate governance. In Concentrated corporate ownership (pp. 265-294). University of Chicago Press.
- Meilani, A. Y., Azizah, S. N., Pramono, H., & Pratama, B. C. (2021). The Effect Of Ownership Structure On The Performance Of Intellectual Capital. Jurnal Akademi Akuntansi, 4(2), 229-245.
- Mohd-Saleh, N., & Che Abdul Rahman, M. R. (2009). Ownership structure and intellectual capital performance in Malaysia. Asian Academy of Management Journal of Accounting and Finance, 5(1), 1-29.
- Nassar, S., Ashour, M., Tan, Ö. F., & Külah, S. (2018, May). The effect of ownership structure on intellectual capital efficiency: Evidence from borsa Istanbul. In 7th International Conference on Business Administration (ICBA), May (pp. 3-5).
- Oktavian, M., & Ahmar, N. (2019). The effect of managerial ownership, institutional ownership, and foreign ownership on intellectual capital. The Indonesian Accounting Review, 9(1), 15-25.
- Pulic, A. (2000). VAIC™–an accounting tool for IC management. International journal of technology management, 20(5-8), 702-714.
- Randa, F. D. A. S., & Solon, S. A. (2012). Pengaruh modal intelektual terhadap nilai perusahaan. Jurnal sistem informasi manajemen dan akuntansi, 10(1), 24-27.
- Shahzad, K., Shah, S. Q. A., Lai, F. W., Jan, A. A., Shah, S. A. A., Shad, M. K. (2023). Exploring the nexus of corporate governance and intellectual capital efficiency: from the lens of profitability. Quality & Quantity, 57(3), 2447-2468.
- Siala, H., & Moalla, M. 2017, K. (2017). The Effect of Ownership Structure on Voluntary Disclosure of Intellectual Capital Information: The Case of Canadian Firms. International Journal of Development Research, 7(1) , 11044-11054.
- Sydler, R., Haefliger, S., & Pruksa, R. (2014). Measuring intellectual capital with financial figures: can we predict firm profitability?. European Management Journal, 32(2), 244-259.
- Wulandari, A. M., Rahayu, S. M., Nuzula, N. F., & Saifi, M. (2022). The Influence of Ownership Structure on Leverage, Intellectual Capital Disclosure, and Firm Risk (A Study on Manufacturing Companies listed in Indonesia Stock Exchange, 2013-2018). Wacana Journal of Social and Humanity Studies, 25(2).
- Zulkifli, N. S., Shukor, Z. A., & Rahman, M. R. C. A. (2017). Intellectual capital efficiency and firm performance in malaysia: The effect of government ownership. Asian Journal of Accounting and Governance, 8, 93-105.
- Abeysekera, I. (2010). The influence of board size on intellectual capital disclosure by Kenyan listed firms. Journal of intellectual capital, 11(4), 504-518.
- Ahmed, Z., Hussin, M. R. A., & Pirzada, K. (2022). The impact of intellectual capital and ownership structure on firm performance. Journal of Risk and Financial Management, 15(12), 553.
- Becher, D., & Juergens, J. L. (2013). Do Acquirer CEO Incentives Impact Mergers?. Available at SSRN 2117397.
- Bemby, B. S., Hakiki, A., & Ferdianti, R. (2015). Intellectual capital, firm value and ownership structure as moderating variable: Empirical study on banking listed in Indonesia stock exchange period 2009-2012. Asian Social Science, 11(16), 148.
- Firer, S., & Williams, S. M. (2005). Firm ownership structure and intellectual capital disclosures. South African Journal of Accounting Research, 19(1), 1-18.
- Khanna, T., & Palepu, K. (2000). Emerging market business groups, foreign intermediaries, and corporate governance. In Concentrated corporate ownership (pp. 265-294). University of Chicago Press.
- Meilani, A. Y., Azizah, S. N., Pramono, H., & Pratama, B. C. (2021). The Effect Of Ownership Structure On The Performance Of Intellectual Capital. Jurnal Akademi Akuntansi, 4(2), 229-245.
- Mohd-Saleh, N., & Che Abdul Rahman, M. R. (2009). Ownership structure and intellectual capital performance in Malaysia. Asian Academy of Management Journal of Accounting and Finance, 5(1), 1-29.
- Nassar, S., Ashour, M., Tan, Ö. F., & Külah, S. (2018, May). The effect of ownership structure on intellectual capital efficiency: Evidence from borsa Istanbul. In 7th International Conference on Business Administration (ICBA), May (pp. 3-5).
- Oktavian, M., & Ahmar, N. (2019). The effect of managerial ownership, institutional ownership, and foreign ownership on intellectual capital. The Indonesian Accounting Review, 9(1), 15-25.
- Pulic, A. (2000). VAIC™–an accounting tool for IC management. International journal of technology management, 20(5-8), 702-714.
- Randa, F. D. A. S., & Solon, S. A. (2012). Pengaruh modal intelektual terhadap nilai perusahaan. Jurnal sistem informasi manajemen dan akuntansi, 10(1), 24-27.
- Shahzad, K., Shah, S. Q. A., Lai, F. W., Jan, A. A., Shah, S. A. A., Shad, M. K. (2023). Exploring the nexus of corporate governance and intellectual capital efficiency: from the lens of profitability. Quality & Quantity, 57(3), 2447-2468.
- Siala, H., & Moalla, M. 2017, K. (2017). The Effect of Ownership Structure on Voluntary Disclosure of Intellectual Capital Information: The Case of Canadian Firms. International Journal of Development Research, 7(1) , 11044-11054.
- Sydler, R., Haefliger, S., & Pruksa, R. (2014). Measuring intellectual capital with financial figures: can we predict firm profitability?. European Management Journal, 32(2), 244-259.
- Wulandari, A. M., Rahayu, S. M., Nuzula, N. F., & Saifi, M. (2022). The Influence of Ownership Structure on Leverage, Intellectual Capital Disclosure, and Firm Risk (A Study on Manufacturing Companies listed in Indonesia Stock Exchange, 2013-2018). Wacana Journal of Social and Humanity Studies, 25(2).
- Zulkifli, N. S., Shukor, Z. A., & Rahman, M. R. C. A. (2017). Intellectual capital efficiency and firm performance in malaysia: The effect of government ownership. Asian Journal of Accounting and Governance, 8, 93-105.
منشور
2024-02-28
How to Cite
hamad, ahmad, & Atallah Khalil. (2024). The Effect of Ownership Structure on The Added Value of Intellectual Capital of Banks Listed on The Damascus Stock Exchange. Journal of Hama University , 6(السادس عشر). Retrieved from https://hama-univ.edu.sy/ojs/index.php/huj/article/view/1767
القسم
Economie
