澳门博彩业的智力资本与企业价值

Shun-ho Chu, Xiangyu Zhuo, Shianghau Wu, Shuo Yan
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引用次数: 1

摘要

企业价值来源于财务资本和智力资本。智力资本是指员工的知识和能力,有利于企业经营绩效的提高。本研究采用2009年1月至2012年6月的半年数据,基于知识增值系数(value Added intellectual Coefficient, VAIC)模型,考察了智力资本对香港联交所上市澳门博彩业企业价值的影响。本研究发现,财务资本与企业价值存在显著正相关关系,而智力资本与企业价值存在显著正相关关系,但不显著相关。
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Intellectual capital and corporate value of casino industry in Macau
Corporate value is attributed from financial capital and intellectual capital. Intellectual capital is knowledge and capability of employees, which benefits for raising operation performance. This study aims to examine the impact of intellectual capital on corporate value of casino industry in Macau listed in the Hong Kong Stock Exchange based on Value Added Intellectual Coefficient (VAIC) model using semiannual data of the period form January 2009 to June 2012. The finding of this study is that financial capital has a significantly positive relationship with corporate value whereas intellectual capital has positive relationship but is not significantly related to corporate value.
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