ABSTRACT
The aim of this paper is to investigate the effect of
investments in intellectual capital on profitability with a view to seeing the
different relationships that exist between them. It has been proved through
various researches that intellectual capital is a source of competitive
advantage and if well managed enhance corporate performance; invariably
profitability. It is in light of that, that this research study was carried
out. Data were collected through secondary source from the annual reports of
the companies used as case study. Various measures were used in measuring the
independent variables; relative development expenses was used to measure
investments in intellectual capital, while the value of intellectual capital
was measured using market capitalization method otherwise known as Tobin's Q,
the efficiency of intellectual capital was measured using the Value Added
Intellectual Coefficient and profitability was measured using return on
investments (ROI). The findings revealed that investments in intellectual
capital directly have a positive relationship with profitability, while other
indirect relationships between both variables were found to be
non-significantly related.
IBE, K (2021). Effects Of In Vestments In Intellectual Capital On Profitability Of Nigerian Companies (A Study Of Selected Companies). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-in-vestments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2
KELECHI, IBE. "Effects Of In Vestments In Intellectual Capital On Profitability Of Nigerian Companies (A Study Of Selected Companies)" Mouau.afribary.org. Mouau.afribary.org, 04 Nov. 2021, https://repository.mouau.edu.ng/work/view/effects-of-in-vestments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2. Accessed 01 Nov. 2024.
KELECHI, IBE. "Effects Of In Vestments In Intellectual Capital On Profitability Of Nigerian Companies (A Study Of Selected Companies)". Mouau.afribary.org, Mouau.afribary.org, 04 Nov. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-in-vestments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2 >.
KELECHI, IBE. "Effects Of In Vestments In Intellectual Capital On Profitability Of Nigerian Companies (A Study Of Selected Companies)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/effects-of-in-vestments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2