tUsing a large sample of 5,749 commercial banks, covering over 40,000 observations overthe time window 2005–2012, we find that efficiency in the use of intellectual capital (IC)positively affects the financial performance of US banks. In addition, the results show thathuman capital (HC) efficiency, a subcomponent of IC efficiency, has a larger impact onfinancial performance than other IC sub-components. These findings suggest that the devel-opment of effective techniques of knowledge management, enabling banks to accumulatethe IC necessary to adapt to a constantly changing environment, represents an effectivetool of achieving the goals of both bank managers and policymakers
The impact of intellectual capital efficiency on commercial bank performance: Evidence from the US
PORZIO, Claudio;SAMPAGNARO, GABRIELE;VERDOLIVA, VINCENZO
2016-01-01
Abstract
tUsing a large sample of 5,749 commercial banks, covering over 40,000 observations overthe time window 2005–2012, we find that efficiency in the use of intellectual capital (IC)positively affects the financial performance of US banks. In addition, the results show thathuman capital (HC) efficiency, a subcomponent of IC efficiency, has a larger impact onfinancial performance than other IC sub-components. These findings suggest that the devel-opment of effective techniques of knowledge management, enabling banks to accumulatethe IC necessary to adapt to a constantly changing environment, represents an effectivetool of achieving the goals of both bank managers and policymakersI documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
