Effect of Intellectual Capital on the Performance of Pharmaceutical Firms
DOI:
https://doi.org/10.61143/umyu-jafr.1(1)2021.009Keywords:
Intellectual capital, Financial performance, NigeriaAbstract
The study empirically investigates the effect of intellectual capital (IC) on the financial performance (FP) of pharmaceutical firms listed on the Nigerian stock exchange. The study measure IC by Value added intellectual coefficient of a company (VAIC) model. The research sample consists of pharmaceutical companies listed on the stock exchange in Nigeria during 2010-2019. Data from the annual report of the sampled. The result shows that intellectual capital significantly and positively impacts the financial performance of the companies.
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References
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