The Moderating Effect of Institutional Ownership on Intellectual Capital and Financial Performance of Listed Conglomerates

SEISENSE Journal of Management

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Field Value
 
Title The Moderating Effect of Institutional Ownership on Intellectual Capital and Financial Performance of Listed Conglomerates
 
Creator Kibiya, Isah Umar
Aminu, Bilyaminu Shittu
Abubakar, Khadija Salihu
 
Subject Intellectual Capital
Institutional Ownership
Return on Assets
 
Description Purpose - The study aims to examine the moderating effect of institution on the relationship between intellectual capital on the financial performance of conglomerates in Nigeria
Design/Methodology - correlational research design which is based on historical data extracted from annual report and accounts of the sample firm on NSE. Firms were chosen based on censor sampling method. Eleven years of financial data were used.  Multiple regression analysis was employed to analyze the data extracted.
Findings - The results from pooled ordinary least square regression (OLS) and Fixed effect revealed that intellectual capital indexed by a value-added intellectual coefficient (VAIC) has a positive and significant impact on financial performance indexed by return on asset (ROA) of listed conglomerate firms in Nigeria. Furthermore, the interaction effect of institutional ownership was found to be positive and significant
Practical Implications - The study recommends that institutional shareholders should invest more in shares of listed conglomerate firms in Nigeria and that management should recognize the effort and understand the importance of intellectual capital toward improving firm performance.
 
Publisher SEISENSE (PRIVATE) LIMITED
 
Date 2019-08-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer Reviewed Article
 
Format application/pdf
 
Identifier http://journal.seisense.com/index.php/jom/article/view/151
10.33215/sjom.v2i5.151
 
Source SEISENSE Journal of Management; Vol. 2 No. 5 (2019): SEISENSE Journal of Management; 20-28
2617-5770
 
Language eng
 
Relation http://journal.seisense.com/index.php/jom/article/view/151/77
 
Rights Copyright (c) 2019 Isah Umar Kibiya, Bilyaminu Shittu Aminu, Khadija Salihu Abubakar
 

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