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 Investments 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-investments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2
KELECHI, IBE. "Effects Of Investments In Intellectual Capital On Profitability Of Nigerian Companies (A Study Of Selected Companies)" Mouau.afribary.org. Mouau.afribary.org, 24 Jun. 2021, https://repository.mouau.edu.ng/work/view/effects-of-investments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2. Accessed 01 Nov. 2024.
KELECHI, IBE. "Effects Of Investments In Intellectual Capital On Profitability Of Nigerian Companies (A Study Of Selected Companies)". Mouau.afribary.org, Mouau.afribary.org, 24 Jun. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-investments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2 >.
KELECHI, IBE. "Effects Of Investments 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-investments-in-intellectual-capital-on-profitability-of-nigerian-companies-a-study-of-selected-companies-7-2